For employers who have not already made preparations to comply with the PPACA’s reporting requirements, now is the time to do so. The first reporting is due in January 2016 for the 2015 calendar year. Employers who do not proactively track the infor-mation that must be reported will likely find ...
Read MoreBenefit Plan Trends Newsletter Vol. 58, #6
Workforce Investment Can Lead to Better Financial Performance Employers Increasingly Use Big Data to Manage Benefit Programs Executives and HR Managers Remain Skeptical of Evidence-Based HR…
Read MoreUpdated Same Sex Marriage & Employee Benefits
We have received additional information regarding the U.S. Supreme Court’s same-gender marriage decision. At this time, this is how we understand its impact on health and welfare plans…
Read MoreSame-Sex Marriage Ruling & Employee Benefits
On June 26, 2015, the U.S. Supreme Court decided that all states must license a marriage between two people of the same sex and must honor the marriage licenses issued by another state…
Read MorePCORI Fee Due July 31st
PCORI Fee Due July 31st Employers sponsoring self-funded health plans, including most HRAs, must file IRS Form 720 and pay the PCORI Fee by July 31st. What is the PCORI Fee? The PCORI Fee is an annual fee imposed on insured and self-funded health plans to help support the Patient-Centered ...
Read MoreBenefit Plan Trends Newsletter Vol. 58, #5
Employers Consider New Strategies for Retiree Medical Programs Employer Contributions to HSAs Declined in 2014 Metrics Differ In Long-Term and Short-Term Incentives for Executives…
Read MoreContraceptive Coverage and Women’s Preventative Care for Dependents
On May 11th, the Departments of Labor, Health and Human Services, and Treasury released guidance clarifying the rules related to the coverage of contraceptives. The guidance states that insurers must cover, without cost-sharing, at least one form of contraception in each of the 18 FDA identified categories. For instance, an ...
Read MoreBenefit Plan Trends Newsletter Vol. 58, #4
Workplace Stress May Be Hazardous To Employee Health Plan Sponsors Increasingly Use Automatic Features Employers Value Wellness and Well-Being Programs…
Read MoreCOBRA Compliance – An Overview
COBRA is a federal law that allows employees and their covered spouses and dependents to continue their group health plan coverage for a limited time when they would otherwise lose their coverage. To be eligible for COBRA, the employer must be subject to COBRA, the individual must be a qualified ...
Read MoreBenefit Plan Trends Newsletter Vol. 58, #3
Employers Move to Announce Their Talent Management Functions Americans Express a High Degree of Confidence in 401 (k) Plans ACA Compliance Continues To Be a Challenge for Employers…
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