Tag: 2015

Urban Meyer and Ohio State Become Yet Another Cautionary Tale of What Not to Do

Urban Meyer, one of collegiate football’s most lauded and recognizable coaches, is undoubtedly in hot water. Whether he will join the ranks of the unemployed, however, is yet to be determined, along with the resolution of a host of unanswered questions. The amount of information related to this story is already substantial and impossible to […]

ACA

Business Groups Decry IRS Enforcement of ACA Employer Mandate

In its recent efforts to enforce the Affordable Care Act’s (ACA) employer mandate, the Internal Revenue Service (IRS) has been disregarding key safeguards in the law designed to protect employers from unwarranted penalties, a coalition of business organizations warned in a recent letter to federal officials.

healthcare

Implement Innovative, Integrated Practices for Healthcare Cost Savings

A group of best-performing companies has achieved a $2,251 per employee per year (PEPY) healthcare cost advantage over the national average in 2017 ($9,950 compared with $12,201), according to global advisory, broking, and solutions company Willis Towers Watson’s 22nd annual Best Practices in Health Care Employer Survey.

HIPAA

HIPAA Violations Cost Company $2.3 Million

21st Century Oncology, Inc. (21CO) has agreed to pay $2.3 million in lieu of potential civil money penalties to the U.S. Department of Health and Human Services (HHS) Office for Civil Rights (OCR) and adopt a comprehensive corrective action plan to settle potential violations of the Health Insurance Portability and Accountability Act (HIPAA) Privacy and […]

health insurance

CMS Releases 2016 National Health Expenditure Figures

In 2016, overall national health spending increased 4.3% following 5.8% growth in 2015, according to a study by the Office of the Actuary at the Centers for Medicare & Medicaid Services (CMS). Following Affordable Care Act (ACA) coverage expansion and significant retail prescription drug spending growth in 2014 and 2015, says CMS, healthcare spending growth […]

job fair

‘Fake’ Job Fair Attracts 300 Attendees

Nothing ever “dies” online. Once it’s out there, people will be able to access it forever; no matter how hard you try to remove it, there will always be some cached form living in obscurity online. Recently, an employer learned this firsthand, as a job fair posting from 2015 came back to life and attracted […]

Pay

Total CEO Pay Rose 6% in 2016, Willis Towers Watson Study Finds

Increases in total compensation for chief executive officers (CEOs) at the nation’s largest corporations remained fairly moderate again last year, driven largely by uneven corporate performance, increasing bonuses, and a sharp decrease in the value of stock option exercises, according to a new analysis of proxy disclosures by Willis Towers Watson, a leading global advisory, […]

banking

CMS Releases 2016-2025 Projections of National Health Expenditures Data

National health expenditure growth is expected to average 5.6% annually over 2016-2025, according to a report compiled by the Centers for Medicare & Medicaid Services’ (CMS) Office of the Actuary (OACT). These projections are constructed using a current-law framework and do not assume potential legislative changes over the projection period.