Redstone Benefits Group

Knowledge center

Resources to Help You Make Smarter Benefits Decisions

Guides, FAQs, and tools for HR professionals, business owners, and individuals navigating the world of employee benefits.

Guides & tools

Benefits Guides & Resources

Practical resources to help you understand your options and make confident decisions.

For Employers

The Small Business Benefits Starter Guide

Everything you need to know about offering health, dental, vision, and life insurance to your team — from plan types to enrollment timelines.

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For HR Professionals

Open Enrollment Planning Checklist

A step-by-step checklist to help HR teams prepare for open enrollment season — from carrier renewals to employee communications.

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For Individuals & Families

How to Choose the Right Health Plan

HMO vs. PPO vs. HDHP — we break down the key differences and help you figure out which plan type fits your healthcare needs and budget.

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For Individuals

Understanding Supplemental Benefits

Learn how critical illness, accident, and hospital indemnity plans work — and why they're worth considering alongside your major medical coverage.

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For Employers

Section 125 Plans: Save Money on Benefits

A plain-language guide to Cafeteria Plans and how pre-tax benefit arrangements can reduce payroll taxes for both employers and employees.

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For Individuals

Medicare 101: What You Need to Know

Approaching 65? This guide walks through Medicare Parts A, B, C, and D — and explains when a Medicare Supplement or Advantage plan makes sense.

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FAQs

Frequently Asked Questions

Straight answers to the questions we hear most often.

Glossary

Benefits Glossary

Plain-language definitions for the terms you'll encounter most.

DeductibleThe amount you pay out-of-pocket for covered services before your insurance begins to pay.
PremiumThe monthly amount you (and/or your employer) pay to maintain your health insurance coverage.
CopayA fixed amount you pay for a covered service at the time of care, such as $30 for a primary care visit.
CoinsuranceYour share of costs after you've met your deductible — typically expressed as a percentage (e.g., 20%).
Out-of-Pocket MaximumThe most you'll pay in a plan year for covered services. After this limit, insurance pays 100%.
HMOHealth Maintenance Organization — a plan that requires you to use a network of providers and get referrals for specialists.
PPOPreferred Provider Organization — a plan with more flexibility to see any provider, in or out of network, without referrals.
HDHPHigh Deductible Health Plan — a plan with lower premiums and higher deductibles, often paired with a Health Savings Account (HSA).
HSAHealth Savings Account — a tax-advantaged account used to pay for qualified medical expenses, available with HDHPs.
FSAFlexible Spending Account — an employer-sponsored account that lets employees set aside pre-tax dollars for eligible health expenses.
Open EnrollmentA set period each year when employees can enroll in or make changes to their benefit elections.
Qualifying Life EventA life change — such as marriage, birth, or job loss — that allows you to enroll in or change coverage outside of open enrollment.

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