Monday, September 30, 2024
Deadline for Employers to Receive MLR Rebates Is Approaching - Employers with insured group health plans may soon receive a medical loss ratio (MLR) rebate from their health insurance issuers. Issuers who did not meet...
Monday, September 30, 2024
EBSA Releases Updated Cybersecurity Guidance for Employee Benefit Plans - Through Compliance Assistance Release No. 2024-01, the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) is confirming...
Monday, September 30, 2024
Motivating Employees to Spend More Time With Open Enrollment - Open enrollment is a critical period for both employees and employers. It’s the time when employees can make important decisions about their benefits, which...
Monday, September 30, 2024
Report Finds Weight Loss Drugs Key Driver of 2025 Health Care Cost Increase - A recent Business Group on Health (BGH) survey found that heightened interest and spending on glucagon-like peptide-1 (GLP-1) drugs is a...
Wednesday, August 28, 2024
Court Denies FMLA for Unmarried Father Before Child's Birth - The 11th Circuit Court of Appeals recently held in Tanner v. Stryker Corp. that an unmarried employee who traveled to be with his pregnant ex-girlfriend for...
Tuesday, August 27, 2024
Increased Civil Penalty Amounts for SBC, MSP, HIPAA Violations - On Aug. 8, 2024, the U.S. Department of Health and Human Services (HHS) published a final rule increasing key penalties affecting group health plans. HHS...
Monday, August 26, 2024
8 Tips for Effective 2025 Open Enrollment Communication - Now more than ever, employees are looking to their employers for guidance on navigating their available benefits and how to stretch their dollars further. Many...
Monday, August 26, 2024
SAR Is Due by Sept. 30 for Calendar Year Plan - Many employers that must file Form 5500 on behalf of their employee benefit plans must also provide plan participants with a summary annual report (SAR). The SAR is a...
Wednesday, July 24, 2024
The DOL Overtime Rule’s Impact on Employee Benefit - The U.S. Department of Labor (DOL) final rule issued on April 23, 2024, increases the salary thresholds used to determine whether executive, administrative and...
Wednesday, July 24, 2024
IRS FAQs on Educational Assistance Programs - The Internal Revenue Service (IRS) has issued frequently asked questions (FAQs) that provide general information on educational assistance programs under Section 127 of the...
Thursday, June 27, 2024
3rd Circuit Rules USERRA May Require Paid Leave - On May 21, 2024, the U.S. Court of Appeals for the 3rd Circuit held that short-term military leave may be comparable to jury duty leave and bereavement leave and...
Wednesday, April 24, 2024
What Are Specialty Drug Benefits? - Specialty drugs, also known as specialty pharmaceuticals, are some of the most expensive prescriptions you can buy-costing up to $2,000 or more per month. Unfortunately, they may also...
Friday, April 19, 2024
Thursday, April 18, 2024
- Report Highlights Growing Demand for Family-friendly Benefits - A new report released by family health benefits platform Ovia Health by Labcorp (Ovia) uncovered U.S. workers’ preferences for family-friendly workplace...
Monday, April 8, 2024
Monday, April 8, 2024
- 7 Key Employee Benefits Trends in 2024 - Attracting and retaining employees has challenged employers since the onset of the COVID-19 pandemic. In 2024, the labor market is expected to cool slightly; however,...
Thursday, January 4, 2024
- Early-career and Entry-level Development Programs to Attract Talent - In the competitive landscape of today's job market, attracting and retaining top-tier talent is a priority for organizations looking to secure...
Tuesday, January 2, 2024
- Benefits Breakdown - January 2024 - 4 Key Trends Driving Employer Health Care Costs in 2024 - Amid ongoing inflation pressures, employees and employers alike can expect their health care costs to increase in 2024....
Wednesday, September 27, 2023
- - Open Enrollment 2024 – Health Savings Accounts (HSAs) - Employers who sponsor high deductible health plans (HDHPs) that are compatible with health savings accounts (HSAs) should prepare for open enrollment by:...
Wednesday, September 20, 2023
- - Educating Young Employees on Open Enrollment - Many employees need help with open enrollment. This is particularly true among younger workers, who typically have less experience selecting benefits than older...
Monday, March 21, 2022
A spending bill signed into law on March 15, 2022, extends the ability of high-deductible health plans (HDHPs) to provide benefits for telehealth or other remote care services before plan deductibles have been met...
Tuesday, January 18, 2022
- Health care costs continue to rise each year, and 2022 will likely be no exception. In the new year, experts predict a 6.5% increase in medical expenses alone, according to PricewaterhouseCoopers. In terms of health...
Thursday, December 2, 2021
Employee Benefit Plan Limits for 2022 - Many employee benefits are subject to annual dollar limits that are periodically updated for inflation by the IRS. The following commonly offered employee benefits are subject to...