Bringing Employee Benefits Full Circle

Voluntary Benefits – ERISA Compliance Exemption

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Voluntary benefits are optional benefits that employers may offer to enhance their traditional benefits packages. Offering voluntary benefits allows an employer to include a variety of benefits that are attractive to employees in their benefits package without adding to their organization’s costs. While voluntary benefits are typically employee-paid, payments can be automatically deducted from employees’ paychecks and remitted to the insurance carrier.

Evolution of Benefits wishes you & your family a wonderful Easter! πŸ£πŸ’šπŸ’œ

Wishing everyone a Happy Easter! May this special occasion bring joy, peace, and renewal to you and your loved ones. As we celebrate, let’s take a moment to reflect on the season’s message of hope and new beginnings. Whether you’re enjoying time with family or engaging in community activities, may this Easter be filled with happiness and positivity.

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Employee Engagement Tips for Small Businesses

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Small businesses often face an uphill battle when it comes to retaining employees. Limited budgets, lean teams and fewer advancement opportunities can make it difficult to compete with larger companies. However, better engagement is one of the most cost-effective and impactful ways to improve employee retention. When employees feel heard, valued and connected to their work, they’re more likely to stay.

CMS Finalizes Revised Simplified Determination Method for 2026 Creditable Coverage Determinations

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On April 7, 2025, the Centers for Medicare and Medicaid Services (CMS) issued Final Part D Redesign Program Instructions for calendar year 2026. The instructions contain a detailed description of, and guidance related to, changes to the Medicare Part D benefit made by the Inflation Reduction Act of 2022 (IRA) that are newly in place for calendar year 2026. Among other things, these changes impact the creditable coverage status of employer-sponsored prescription drug coverage.

DOL Updates Model Employer CHIP Notice

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The U.S. Department of Labor (DOL), through its Employee Benefits Security Administration (EBSA), has released a new model Employer CHIP Notice with information current as of March 17, 2025.