Tag: health

What if you Paid Your Employees to Be Financially Savvy?

“According to a recent study, 78 percent of full-time U.S. workers are living paycheck to paycheck and 71 percent said they are now in debt. Leading HR software provider BambooHR strongly believes that having good financial health is critical for its employees to not only live a less stressful life, but to help them do great work while […]

Health plan

Plan Sponsor Group Expresses Support for AHP Rule

The recent regulations on association health plans (AHPs) would make it easier for employers to provide cost-effective health coverage in a variety of situations, according to comments from a major plan sponsor organization. Other stakeholders, however, worry that AHP expansion might open the door to widespread fraud.

HSA

IRS Clarifies HSA Preventive Care Rule, Provides Transition Relief

Male sterilization and male contraceptives are not considered “preventive care” for health savings account (HSA) purposes, the Internal Revenue Service (IRS) confirmed in Notice 2018-12. However, the March 5 notice also provided transition relief for applicable fully insured plans at least through the end of 2019.

wellness

Employers Overestimate Impact of Wellness Programs and Incentives on Employees’ Health Behavior

Despite U.S. employers and employees placing a high priority on health and well-being, employees say that employer efforts are falling short of employees’ expectations, according to research from leading global advisory, broking, and solutions company Willis Towers Watson. A majority of employers (56%) believe their well-being programs have encouraged employees to live a healthier lifestyle. […]

benefits

Finally, an Answer to Your Employee Benefits Package Woes

Employee well-being and wellness programs are more than just trendy buzzwords. In fact, many employers are integrating wellness into their culture and seeing great results. No matter the size of your budget, wellness programs are possible for all businesses—big and small.