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New disclosure requirements should bring more transparency to the health plan side of employee benefits and allow plan fiduciaries to know and understand all the ways, direct and indirect, everyone is getting paid. The changes will help the fiduciaries to identify and assess possible conflicts of interest.
An African proverb says that if you want to get somewhere fast, go alone, but if you want to go the distance, take a team. We say, why not do both? Technology has allowed us to do more than ever before and increasingly from the comfort of our home office bubbles, but the journey of […]
For many, the paths employees walk in an organization often seem undirected. The sales representatives may watch a company grow, but they are not guiding it outside of their department. The same could be said of many. But benefits experts and HR professionals have a very different role: to grip an organization’s many moving parts […]
The post-pandemic race is on to attract new employees—and as HR and finance executives both know, the solution can’t always be higher wages. Fortunately, other factors still mean a lot to jobseekers in the revived economy. Casual Fridays and office snack bars may help, but as research shows, health insurance is still at or near […]
As COVID cases continue to decline throughout the country, industries and businesses are assessing which practices formulated during the pandemic will continue into the future. This rings especially true for HR and talent acquisition departments and even more so for those in health care, an industry that witnessed the most turbulent year ever. As we […]
The Occupational Safety and Health Administration (OSHA) is easing its COVID-19 recommendations for fully vaccinated workplaces, but the agency is still advising employers to take steps to protect any unvaccinated workers.
Q: An employee is having an elective surgery that won’t require an overnight hospital stay, but she will be off work for two weeks to recover and will possibly have some restrictions afterward. Will her surgery and time off be covered under the Family and Medical Leave Act (FMLA)? A: Under the FMLA, an eligible […]
The introduction of COVID-19 vaccines has created many questions in the workplace for employers. In this alert, we address five of the most popular vaccine-related questions, including vaccine mandates, mask mandates, and Americans with Disabilities Act (ADA) accommodations. 1. Once the COVID-19 vaccine is fully authorized by the Food and Drug Administration (FDA), may non-healthcare […]
Now that we’re more than 1 year removed from the outbreak of COVID-19, researchers are uncovering what healthcare utilization looks like amid a global pandemic. Did the influx of patients who contracted the virus put a greater burden on the healthcare system, driving up costs? Did the sudden drop in preventive care visits and elective […]
The current economic turbulence and uncertainty, caused in large part by the business reaction to COVID-19, has forced employers to rethink how they manage benefits for workers who suffer job loss (including—aside from termination of employment—layoffs, temporary furloughs, and leaves of absence). One of the key benefits (other than cash) provided to employees who suffer […]