Life insurance blah blah blah. Is that what you hear when someone mentions it as part of your new job’s employee benefits round-up or when you see something about it on TV or social media? Not to worry: we’ve got the low-down on what you need to know. And it’s really not as overwhelming (or
Employers that self-insured any group health plans in 2017, including health reimbursement arrangements (HRAs), are responsible for determining whether the annual PCORI fee applies to their plan. If so, use Form 720 to calculate, report, and pay the fee by July 31, 2018. PCORI stands for the Patient-Centered Outcomes Research Institute. Federal law imposes a
The benefits of going to your annual physical include both cost savings and gaining knowledge. Watch this video on how to make the most of your time at the doctor and have a successful annual exam.
School’s out! Summer is here, and it’s the time of year when working parents have questions about using their Dependent Care Spending Accounts (DCSAs). Are summer camp expenses eligible? What about day versus overnight camps? Employers and benefit advisors want to be ready with answers about this valuable benefit program. The following are the top
If you haven’t heard, the latest video game craze is Fortnite Battle Royale. This free multiplayer game can be played on both PC & Mac computers, Xbox, Playstation, and iOS devices. Fortnite is set on an island where a floating bus drops 100 players to gather materials to build fortresses and collect weapons in order
Good HR is risk management. Knowing the right questions to ask and why they are important is essential to uncovering potential risk. So, here’s the test: Click here to see if you can answer these top HR risk management questions for your clients? Originally published by ThinkHr
On May 21, 2018, the IRS announced that the affordability percentage under the Affordable Care Act’s play or pay rules will increase to 9.86% for 2019 plan years. This is an increase from 9.56% for 2018 plan years. By way of background, the ACA’s employer shared responsibility provision – often called the employer mandate or
Lately, there’s been a big focus on America’s opioid addiction in the news. Whether it’s news on the abuse of the drug or it’s information sharing on how the drug works, Americans are talking about this subject regularly. We want to help educate you on this hot topic. Opioids are made from the opium poppy
Taking control of health care expenses is on the top of most people’s to-do list for 2018. The average premium increase for 2018 is 18{888bc141b059eeb483869df1d78049546854ddabf1435b1c01d5f55ea75bfc24} for Affordable Care Act (ACA) plans. So, how do you save money on health care when the costs seems to keep increasing faster than wage increases? One way is through
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