Employee Benefits Report – October 2019

Health Savings Accounts — One Key to a More Comfortable Retirement

apple with letter blocks Here’s what your employees need to know about health savings accounts
Read on for details.

Genetic Testing Protections and Limitations

test tubeWhen the federal government passed the Genetic Information Nondiscrimination Act (GINA) in 2008, the law provided a starting point and baseline to prevent insurance carriers from using genetic testing information to determine rates. Read on for details.

When Life Insurance Isn’t Enough

checklistDisability, not death, is much more likely to cause a person to lose their home.
Read on for details.

Access to Preventive Care Eased for Some HDHPs

The Internal Revenue Service (IRS) has made it easier for people who have high-deductible health plans (HDHPs) with health savings accounts (HSAs) to get preventive care services to treat chronic diseases even if the insured hasn’t yet met the deductible. Read on for details.

Employee Benefits Report – September 2019

Technology’s Growing Importance in Providing Quality Health Care

doctor with tablet
Whenever you sign up for a new group health care benefit plan for your company or receive communications from your insurance carrier about new benefits, there’s a good chance the insurer is using technology to provide you with better service.
Read on for details.

New Rule Offers New HRA Options

HRA cardBusiness owners now have a way to help their employees get individual health care coverage. Read on for details.

Legal Plan Representation: Peace of Mind at an Affordable Cost

lawyerYour employees face legal issues far more often than you might think, and a group legal plan could relieve employees’ financial and legal concerns while increasing loyalty to your company.
Read on for details.

The Confusing World of Cannabis Regulation and Insurance

Although 33 states and the District of Columbia passed laws legalizing marijuana in some form, don’t assume your group health insurance covers the use of medical marijuana (cannabis) or CBD oil. Read on for details.

Employee Benefits Report – August 2019

Anti-discrimination Laws and The Effect on Employee Benefit Packages

gavelA balanced benefits package can attract and keep valued employees, but the cost of offering benefits can skyrocket if not monitored.
Read on for details.

Tackling Obesity in the Workplace

scaleEmployers can help control their health care coverage costs and improve employees’ care by addressing a key lifestyle risk — obesity.
Read on for details.

529 Savings Plans: An Easy Way to Help Bring College Within Reach

piggy bankMany parents start saving for college as soon as their children are born. It’s little wonder. Tuition plus room and board costs put college out of reach for many high school graduates.
Read on for details.

A Retirement Plan for Hard-to-Replace Employees

It’s often difficult for highly compensated executives to save enough money in a traditional 401(k) plan to maintain their current living standards. Read on for details.

Employee Benefits Report – July 2019

Meaningful Ways to Support an Aging Workforce

warehouse worker
America’s workforce is aging rapidly — and it will have an impact on your business.
Read on for details.

The Lure of Workplace Flexibility

home officeThe concept of a flexible workplace is based on the idea that it’s possible to work harder and smarter away from the office or during a shorter work week. The question most employers have is, “Will it work?”
Read on for details.

A Plan Sponsor’s Cyber Security Responsibilities

computer screenCyber security insurance can help protect you and your workers’ health and retirement benefit plans.
Read on for details.

Choosing a Vision Insurance Plan Your Employees Will Value

A good, quality vision plan is a valuable asset for your employees.
Read on for details.

Employee Benefits Report – June 2019

How to Fight the Opioid Epidemic

USA shaped pill box
Death from an accidental opioid overdose has become one of the top five causes of death in recent years.
Read on for details.

To Pay or Not to Pay Parental Leave?

dad at home with kidsThere are no laws mandating unpaid leave to care for employee’s family members.
Read on for details.

Retirement Reform on Senate and House Agendas

capitol buildingTwo similar bills in the U.S. Senate and House are designed to make it easier to save for retirement and both bills appear to have bipartisan support.
Read on for details.

Is Fitness Tracking for Better Health Worth the Risk of Losing Privacy?

Would you require or incentivize your employees to share data from their fitness trackers if it would significantly lower premiums and/or improve their health?
Read on for details.

Employee Benefits Report – May 2019

What a Single Payer Health Care System Could Mean to You and Your Employees

health care law bookMany of the contenders for the Democratic presidential nomination are making expanded health care access part of their campaign.
Read on for details.

Ways to Make Childcare Costs a Little More Affordable

family standing on coinsChildcare can be an employee’s most expensive work-related expense. Fortunately, there is a benefit program you can offer that will at least provide tax relief to employees who use daycare providers. Read on for details.

Sorting Out the Alphabet Soup of Low-Cost Health Benefit Plans

alphabet soupYou want to save money on health care benefits and you’ve heard there are some great alternatives to traditional insurance. But which option is right for your company? Read on for details.

New Tax Deduction for Small Business Owners

Personal deductions have been the name of the game for many Americans as a way to reduce their tax liability.
Read on for details.

Employee Benefits Report – April 2019

How Employer-Sponsored Dental Insurance Supports Employees’ Overall Health

little girl at dentist
Employer-sponsored dental insurance can play an integral part in your employees’ health.
Read on for details.

Unlimited Vacation – Good Idea? or Too Many Headaches?

woman on tropical beachWho wouldn’t want unlimited vacation time? Here are a few advantages, as well as pitfalls.
Read on for details.

Advantages and Disadvantages of the Emerging Telehealth Trend

dr on computer screenTelehealth/telemedicine is being touted as a great innovation — the ability to talk to a provider anytime of the day from home for little or no cost. There are advantages and disadvantages.
Read on for details.

The Advantages of a 457 Retirement Plan

You and your employees might qualify for 457 retirement plans if you work for a state or local government or for certain tax-exempt organizations such as a charities, hospitals or unions.
Read on for details.

Employee Benefits Report – March 2019

Millennials — Changing the Health Care Landscape

doctor holding tabletStudies show that millennials are not interested in having a primary care doctor. They are looking to the Internet, urgent care and employers to help with their health care needs.
Read on for details.

Hospital Prices Now Must be Published Online — But is it a Game Changer?

computer screenWant to know how much a procedure is going to cost you at a particular hospital or medical facility? Look no further than the Internet.
Read on for details.

Retirement Plan Options for Former Employees

retired coupleWhen employees leave a job, they often have to decide what to do with their 401(k) retirement account. Encourage them to investigate their options based on their financial situation and long-term goals. The decision they make could affect their retirement funds size.
Read on for details.

How to Determine Whether Your Voluntary Plans Fall Under Safe Harbor

Don’t assume you’re in compliance with the Voluntary Plans Employee Retirement Income Security Act (ERISA) safe harbor rules just because you don’t contribute to the cost of your employees’ voluntary benefits.
Read on for details.

Employee Benefits Report – February 2019

Health Cost Containment Options for Small Employers

books and forms
Large employers often have the cash and bargaining power to reduce health care insurance premiums.
Here are some of the more innovative changes by large employers that may be available to small employers right now or in the near future:
Read on for details.

Why Generics are Good for Your Pocketbook (and Health Insurance Premiums)

pills and bottleWhen available, generic drug substitutes generally save about 30 percent.
The more you know about brand name drugs and generics, the more control you have over health care benefit costs.
Read on for details.

Benefit Planning Strategies for 2019-2020

2019 roadAlthough employer-sponsored group health benefit open enrollment is behind us, it’s not too early to start looking at what strategies will be in favor in 2019 to curb costs.
Read on for details.

Trending: New “Instant” Payroll App

Even employees who save money can run into a bit of financial trouble. A new payroll option might make their lives easier.
Read on for details.

Employee Benefits Report – January 2019

How to Maximize 401(k) Limits and Savings Strategies

401(k) form
Your employees will be able to save more money in their 401(k) retirement accounts this year. The big question, though, is should they save the annual maximum?
Read on for details.

When it Pays for an Employer to be a Life Insurance Beneficiary

paper family under umbrellaWould your business take a financial hit if a key employee passed away? It’s a concern for many employers.
Read on for details.

What to Expect From the ACA in 2019

ACA signThe only thing certain about the Affordable Care Act (ACA) is change. And with a new year comes new compliance deadlines and proposed new rules and regulations. The Trump Administration has signaled its intent to propose legislation to again alter the ACA.
Read on for details.

New AHP Resources Now Available

Employers interested in forming Association Health Plans (AHP) to purchase health care benefits for their employees have a resource to help with federal regulations and guidelines.
Read on for details.

Employee Benefits Report – December 2018

A Simple Way for Small Employers to Assist Employees with Buying Health Insurance

forms & stethoscope
Are you having difficulty finding a good, affordable health care benefit plan for your small business? If so, have you considered using a QSEHRA as an alternative?
Read on for details.

What You Need to Know About the Growing Popularity of Home-Based Care

in home care nurseThe need for home health care aids is expected to increase more than 1.3 million by 2020.
Read on for details.

Does Sick Pay do What it’s Supposed to do? The Case For and Against

person home sick from workStudies show sick pay can reduce the spread of disease in the workplace, but also increase absenteeism.
Read on for details.

What’s In and Out with Benefit Programs

When you offer benefits to your employees, you want to provide the type of benefits that will attract and keep valued employees. However, benefits that once were popular can become less desirable.
Read on for details.

Employee Benefits Report – November 2018

Taking Away the Barriers in the Workforce to Improved Mental Health

woman holding head
Mental illness is a growing problem in this country and treatment options are sparse. Fortunately, as an employer, you can take steps to make it easier for your employees to seek help.
Read on for details.

Employee Student Loan Assistance Enters the Retirement Arena

torn dollar billYour employees’ student loan debt doesn’t have to get in their way if they’re saving for retirement.
Read on for details.

Optional No More — The Growing Popularity of Voluntary Benefits

benefit word tilesIs your benefits package enough to keep and attract employees?
Read on for details.

Newest Benefit Offerings Focus on Pets and Health

Employers who want to attract the best talent are going beyond traditional benefits and looking at employee needs.
Read on for details.