Employers who are designing a health and welfare benefit plan for their employees often wonder about the rules relating to setting premiums for employees. Employers generally have significant flexibility in this part of their plan's design. Common structures contemplated by employers include, but are not limited to:Read More
Recently in Employee Benefit News, an article pointed out that segmenting your employee population and creating profiles for each segment can be useful when designing benefits strategies - but relying too much on generational labels such as Baby Boomer, Generation X or Millennial can be counterproductive ("Why Benefits Shouldn't be Based on Generational Labels" by Lydia G. Jilek).Read More
An updated version of the FAQ about the PCORI fee is now available. While no significant updates have occurred since the fall of 2015, further resources have been provided to enhance the document.
On May 13, 2016, the Department of Health and Human Services (HHS) issued a final rule implementing Section 1557 of the Patient Protection and Affordable Care Act (ACA), which will take effect on July 18, 2016.
Compliance Recap April 2016
As much of the country anxiously awaits the Department of Labor's (DOL) long-promised final rule relating to overtime exemption regulations, the employee benefits space has been relatively quiet.
Compliance Recap March 2016
The government was busy during the month of March, issuing the massive Benefit Payment and Parameters rule in addition to numerous other updates.