HR Brief November 2018

Health Care Costs Still Rising, According to Annual Survey Each year, the Kaiser Family Foundation and the Health Research & Educational Trust conduct a survey to examine employer-sponsored health benefit trends such as annual deductibles, plan enrollment, and health and wellness programs. The 2018 edition of this survey has been released, and it discusses a…

Benefits Buzz Novemeber 2018

Hardship Exemption Rules Eased for 2018 Individual Mandate The Centers for Medicare & Medicaid Services (CMS) has provided guidance making it easier to claim a hardship exemption from the individual mandate under the Affordable Care Act (ACA) for 2018. Individuals may claim a hardship exemption on their 2018 federal income tax return without:   Click…

What happens if I miss open enrollment?

What Happens If I Miss Open Enrollment? An open enrollment period is a short period of time when you can enroll in or make changes to your employee benefits elections. Possible changes include adding or dropping coverage, adding or removing dependents, or enrolling in benefits for the first time. Open enrollment is your opportunity to…

Flu Season News Brief

In the Wake of the Deadliest Flu Season in Recent History, CDC Urges Public to Take Action. Over 700,000 people were estimated to have been admitted to the hospital during the 2017-18 flu season, according to the Centers for Disease Control and Prevention’s (CDC) Influenza Hospitalization Surveillance Network. What’s even more alarming is the fact…

News Brief

Nearly 7 Million Pounds of Raw Beef Recalled Due to Salmonella Outbreak On Thursday, Oct. 4, 2018, JBS Tolleson Inc., an Arizona-based meat producer, recalled nearly 7 million pounds of raw beef products, including ground beef, after health officials linked their products to a salmonella outbreak. Fifty-seven cases of salmonella illness from 16 different states…

Is Prescription Drug Coverage Creditable?

Determining Whether Prescription Drug Coverage Is Creditable Employers that provide prescription drug coverage to individuals who are eligible for Medicare Part D must inform these individuals and the Centers for Medicare and Medicaid Services (CMS) whether their prescription drug coverage is “creditable.”   Click here for full article.

Benefits Buzz – October 2018

IRS and DOL Issue Guidance on Association Health Plans Both the IRS and Department of Labor (DOL) have issued new compliance guidance for association health plans (AHPs). On June 21, 2018, the DOL published a final rule that expands the ability of employers to join together to form AHPs. According to the DOL, these changes…

HR Brief – October 2018

Don’t Shortchange Your Employees’ Financial Literacy If you think your employees are prepared for retirement, think again. Less than 40 percent of American workers feel like their savings are on track for retirement. In fact, 25 percent have no retirement savings at all, according to the Report on the Economic Well-Being of U.S. Households.  …

Humor in the Workplace

HUMOR IN THE WORKPLACE Humor has a place in the office, but only if you know when and where it belongs. In fact, humor and laughter can increase productivity and positive feelings about your job, help you bond with co-workers and may even make monotonous tasks more enjoyable. Benefits of Workplace Humor The following are…