Acting DOL Secretary May Bring Change of Pace: Following Alexander Acosta’s resignation, Deputy Labor Secretary Patrick Pizzella became acting Department of Labor (DOL) secretary. Who Is Pizzella? Pizzella has been involved with labor policy for several past administrations. He served as assistant secretary at the DOL from 2001-2009 during the Bush administration.Details
Getting Outside May Be the Key to Boosting Your Physical and Psychological Well-being What counts as spending time outdoors? Visiting town parks, greenspaces, woodlands and beaches all count as spending time outdoors. Here are two simple activities that you can do outside:Details
Open Enrollment: What’s Changing in 2020? To prepare for open enrollment, group health plan sponsors should be aware of the legal changes affecting the design and administration of their plans for plan years beginning on or after Jan. 1, 2020. Employers should review their plan documents to confirm that they include these required changes.Details
Why You Should Be Encouraging Employees to Use PTO: Research consistently points to time away from work as improving productivity, lowering stress and reducing absenteeism. Unfortunately, many employees still hold onto their paid time off (PTO) and end up losing much of it at the end of the year. Worse yet, many employees avoid taking…Details
President Donald Trump recently signed an executive order aimed at improving price and quality transparency in health care. The order is intended to increase availability of health care price, quality information, and protect patients from surprise medical bills.
On May 28, 2019, the IRS released Revenue Procedure 2019-25 to announce the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2020. These limits include:
In this quarters bulletin newsletter you can read about the following topics: 2020 HSA/HDHP Limits Announced “Because the cost-sharing limits for HDHPs will change for 2020, employers that sponsor these plans may need to make plan design changes for plan years beginning in 2020”. 2. Moves Toward Better Health Care Price Transparency “Beginning in May…Details