Archives

Second DOL FAQ on Fiduciary Rule Addresses Questions About Fiduciary Communications

The U.S. Department of Labor (DOL) released the second set of frequently asked questions (FAQs) for retirement plan professionals on the agency’s complex new fiduciary rule just days before the end of the Obama administration in an effort to answer plan practitioners’ questions about how the rule draws lines between fiduciary and nonfiduciary communications, education, and advice.

Print

Genetic Testing as Part of Workplace Wellness Programs

Designing competitive benefit packages that help you attract and retain top talent can be daunting.  While health and well-being benefits may only represent a small portion of your overall compensation plan, they can drive a disproportionate share of your budget.  Could the introduction of genetic testing as a covered benefit allow you to better manage your healthcare spend?  With the promise of continued increases in your healthcare premiums, perhaps now is the time to seriously consider using genetic testing in order to offer more personalized benefits.

Print

Exceptions Timekeeping Is Legal—But It’s a ‘Horrible’ Idea

Employers would be wise to ignore the U.S. Department of Labor’s (DOL) regulations and guidance that permit exceptions timekeeping under the Fair Labor Standards Act (FLSA). The department says that the practice is fine, but experts warn that it sets employers up to violate another DOL mandate: “complete and accurate” time records.

Print

Intermittent Leave: Pregnant Employees and Curbing Abuse

In the last installment, we covered the rules regarding Family and Medical Leave Act (FMLA) intermittent leave. This article will focus on intermittent leave regarding pregnant employees. Curbing abuse of intermittent leave for pregnant employees can be difficult due to the permissive approach taken by the U.S. Department of Labor (DOL) to FMLA leave during […]

Print

CMS Finalizes Health Insurance Marketplace Rules

On December 16, the Centers for Medicare & Medicaid Services (CMS) issued the Notice of Benefit and Payment Parameters final rule and the final Annual Letter to Issuers for 2018. The primary focus of the notice—risk stabilization—complements recent announcements that are meant to improve the risk pool, including actions to address third-party payments of premiums and improve program integrity for […]

Print