September 14, 2015
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
July 7, 2015
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…
Read MoreWhat Employers Need to Know About the Cadillac Tax
The Cadillac Tax is an annual tax on high-cost employer-sponsored health plans and is scheduled to take effect in 2018. The Cost: The tax is equal to 40% of the cost of the plan that exceeds a predetermined “threshold amount.” Currently, the threshold amounts are set at $10,200 for single ...
Read MoreBenefit Plan Trends Newsletter Vol. 58, #2
New 401(k) Plan Participants More Likely to Invest in Target-Date Funds Onsite Medical Clinics Can Boost Worker Productivity CEOs Report Seeking Sustainable Business Growth…
Read MoreFMLA Rights Extended to Same-Sex Couples
The Department of Labor recently updated the definition of “spouse” under the Family Medical Leave Act (FMLA) to include same-sex spouses. This will allow employees in legal same-sex marriages to take FMLA leave to care for a spouse with a serious health condition, regardless of whether the state they reside ...
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