Practical HR Tips, News & Advice. Updated Daily.
If you are among the employers offering an high deductible health plan (HDHP), it’s likely you see it as a way to reduce health care costs for the company. It can also be a helpful step on the path toward creating better health care consumers, by allowing employees to understand the real cost of their insurance – an important aspect of containing costs.
Yesterday’s Leadership Daily Advisor set the stage for some far-reaching employee benefits design change in the works. Bolstered by fresh research showing that the Millennial workforce is quickly shaping new strategies for the entire benefits arena, we touched on three studies identifying what’s ahead. Today, we describe three main priorities that will drive the most […]
With an eye toward better meeting the needs of a workforce that’s growing ever younger, more Fortune 1000 employers are poised to make significant changes to their benefits strategies, design, and delivery this year. All in all, “modernize” and “customize” will be the words to watch as 2017 marches on.
Payments that an employer makes to an employee under a fixed indemnity health plan must be included in the employee’s taxable income, the Internal Revenue Service (IRS) recently indicated, if the plan premiums were paid by the employer or by salary reduction under a cafeteria plan.
Most HR professionals (and a lot of laymen, too) are at least familiar with Consolidated Omnibus Budget Reconciliation Act (COBRA) in general terms. We know that it gives employees the chance to continue their former employer’s insurance coverage for a while after leaving a job. But what law is this part of? And how long […]
Under a proposed settlement agreement filed with the U.S. District Court for the District of Massachusetts, retail giant Walmart has agreed to settle a class action lawsuit alleging that it discriminated against gays and lesbians in the administration of its spousal health insurance benefits. The proposed settlement, filed December 2, 2016, must still be approved by Judge William G. Young before becoming final, which could take a few weeks.
In late 2015 and early 2016, the Congressional Budget Office (CBO) and the staff of the Joint Committee on Taxation (JCT) estimated the budgetary effects of H.R. 3762, the Restoring Americans’ Healthcare Freedom Reconciliation Act of 2015, which would repeal portions of the Affordable Care Act (ACA)—eliminating, in two steps, the law’s mandate penalties and […]
The New Mexico Supreme Court recently responded to a certified question from the U.S. District Court for the District of New Mexico in a lawsuit filed by the family of a worker who was killed in an accident at a salvage yard that was likely caused by a coworker. The supreme court’s answer turned on the resolution of a conflict between language in the New Mexico Workers’ Compensation Act (WCA) and the uninsured motorist (UM) statute.
How often have you or your hiring team put together a job offer for a well-qualified candidate only to have the offer rejected? This can be quite frustrating, and can increase how long it takes to fill a vacancy.
Yesterday, we discussed the importance of establishing core values for your organizations and some tips for formulating them. Today, we delve into the next important step: putting values into action.