On January 4, the U.S. Department of Labor (DOL) announced a Notice of Proposed Rulemaking (NPRM) to expand the opportunity to offer employment-based health insurance to small businesses through Small Business Health Plans, also known as Association Health Plans.
Sexual harassment is dominating the headlines, and here comes the holiday party. It’s hard to imagine that in the current climate you’ll encounter harassment at your party, but past experience suggests you should be prepared. Parties are intended to be relaxed, fun events; unfortunately, relaxation and fun, when accompanied by alcohol, often lead to inappropriate […]
Support for single-payer health insurance is growing, slowly but surely, yet many employers are taking little heed of the debate. Amy Evans, an employee benefit insurance expert, and attorney Christine Roberts contend on the Employee Benefits News website, though, that employers can’t afford to ignore it anymore. They enumerate several reasons you need to stay […]
When employees are struggling, there are a lot of ways the employer can impact the situation both positively and negatively. We all know that mental health is a critical component of overall health, and mental health concerns among employees can quickly become problematic. It is in everyone’s best interests for employers to be supportive and […]
The Internal Revenue Service (IRS) has issued detailed guidance on the qualified small employer health reimbursement arrangement (QSEHRA) program established by Congress last December.
Over six out of 10 (63%) employees with employer-sponsored insurance say they are concerned this open enrollment season about their plans’ out-of-pocket medical costs increasing in 2018, according to a new survey. The research also gleaned employees’ attitudes towards the enrollment process.
A new survey of 5,000 U.S. workers has found that while many employees feel confident after completing their annual health benefits enrollment, about 3 in 4 are making benefits decisions without a complete knowledge of the overall plan.
The U.S. 7th Circuit Court of Appeals—which covers Illinois, Indiana, and Wisconsin—recently decided an interesting and complex case involving allegations of age discrimination. Retirees who continued to work part-time for an Indiana county argued the county violated the Age Discrimination in Employment Act (ADEA) when it terminated them to save money on health insurance benefits.
Interest in transferring pension risk off their balance sheets and on to insurance companies appear to be accelerating among U.S. defined benefit (DB) retirement plan sponsors, according to a recent poll conducted by insurer MetLife. The poll’s results lead MetLife to predict 2017 will be “another very robust year of [pension risk transfer] market activity.”
Some say the key to attracting and retaining top talent is through a robust benefits package. Benefits play a crucial role in both attracting and retaining employees. Innovative benefit packages are often what distinguishes an employer from the pack—and what you’re not offering potential employees stands out even more. One key benefit you can offer […]