Pay or Play Penalty – Common Ownership Aggregation Rules
The Affordable Care Act (ACA) requires applicable large employers (ALEs) to offer affordable, minimum value health coverage to their full-time employees or possibly pay a penalty. This employer mandate is also known as the “employer shared responsibility” or “pay or...
6 HR Trends to Monitor in 2019
A new year brings new issues for HR professionals to contend with. Some challenges are similar to previous years (overtime uncertainty), while others are more unique and complicated (legal marijuana and employment). Despite inherent difficulties, staying tuned in to...
Several Reasons Employees Need to be Educated During Enrollment
Open enrollment can be a confusing and sometimes complicated decisions your employees encounter. It can be intimidating, stressful and downright overwhelming. So it makes sense that there's a lot of atomatic defaulting when it comes to open enrollment. Generally,...
The Importance of Benchmarking
How Does Your Business Measure up? An attractive benefits program is vital for your recruiting and retention efforts, but it is also a significant expense. To ensure you are providing a package that is both competitive and economical, you need to know how your...
Alert: Who Needs a Social Media Policy?
The Web is full of legal concerns, and social media is no exception. Even if your company does not participate in social media, your employees undoubtedly use it on their own time, creating potential liabilities. For companies that do engage in social media, various...
Are Your Healthcare Premiums are Out of Control? Consider a Self-Funded Health Plan… It’s Not as Scary or Risky as You Might Think!
Controlling your Healthcare Premiums In today’s business climate, managers need benefits solutions as resourceful and cutting-edge as the organizations they run. For many employers, pre-packaged fully insured health plans do not provide the greatest value to meet...
The New 1095 Tax Forms got you confussed?
Because of the health care law, you might receive some new forms this winter providing you with information about the health coverage you had or were offered in 2015. The information below is intended to help individuals understand these new forms, including who...
Top 5 DOL Audit Triggers You Must Know About
DOL Audits The Department of Labor (DOL)’s Employee Benefits Security Administration (EBSA) has the authority to conduct audits on benefit plans that are governed by the Employee Retirement Income Security Act (ERISA). DOL audits often focus on violations of ERISA’s...