March HR Brief 2019

Workplace Wellness is About More Than Just Physical Health Cultivating a culture of wellness at organizations is a common trend for employers across the country. In fact, according to the Employer Health Benefits 2018 Annual Survey, 82 percent of large firms and 53 percent of small firms offer some sort of wellness program.

March Benefits Buzz 2019

Proposed Notice of Benefit and Payment Parameters for 2020 Recently, the Department of Health and Human Services (HHS) published its proposed Notice of Benefit and Payment Parameters for This proposed rule describes benefit and payment parameters under the Affordable Care Act (ACA) that would be applicable for the 2020 benefit year. Proposed standards included in…

Medicare Part D Disclosures Due

Medicare Part D Disclosures due by March 1, 2019 Group health plan sponsors are required to complete an online disclosure form with the Centers for Medicare & Medicaid Services (CMS) on an annual basis and at other select times, indicating whether the plan’s prescription drug coverage is creditable or non-creditable. This disclosure requirement applies when…

News Brief

The State of the Union Address and the Employee Benefits Market On Tuesday, Feb. 5, 2019, President Donald Trump delivered the 2019 State of the Union Address (SOTU). The SOTU is an annual message delivered by the president to a joint session of Congress at the beginning of each year. At this year’s SOTU, President…

HR Brief February 2019

Retaining Talent: Are Your Leaders the Problem? It’s no secret that bad bosses can send employees running, but what’s considered “bad” these days? To many businesses, it means being unempathetic. Empathy is recognizing emotions in yourself and others, and using that understanding to influence your actions. Lately, companies are seeking leaders who exhibit high emotional…

Benefits Buzz February 2019

It’s That Time of the Year Again for ACA Reporting The Affordable Care Act (ACA) created reporting rules under Code Sections 6055 and 6056 that require certain employers to provide information to the IRS about the health plan coverage they offer (or do not offer) or provide to their employees. Each reporting entity must annually…