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Medicare requires annual notifications from health plan sponsors (Employers like you) which disclose important facts to individuals who are eligible for Medicare Part D.
SBC (Summary of Benefits and Coverages) requirements under the Affordable Care Act (healthcare reform) mandate that all group health plans distribute an SBC to its employees and plan participants.
What is resilience training and why is everyone talking about it?
In recent years, several large scale studies have been conducted nationally to determine how employees function in the workplace, and how they benefit from specialized training for high-stress situations that come with today's work demands.
You know flu season is coming when the cold weather starts creeping in. Keep your office healthy with these 4 tips!
Upon first glance, it may seem like an odd question. After all, why on earth would a deceased employee require benefits and how does that have anything to do with you as an Employer? In this article we'll discuss a few often over-looked aspects of continuation coverage-particularly,
Chances are you've heard the buzz about verbal COBRA notice rulings or verbal COBRA benefits elections. In recent years, there have been multiple lawsuits involving employers and employees who duke it out in the courtroom over "he said, she said" benefits problems and in most cases, the court rules in favor of the verbal notice.
Knowledge is power, and communication is key. Next month the health insurance marketplace will open for the 2019 special enrollment period, which encompasses potential benefit options for your plan participants.
Employer responsibilities regarding HSAs
Employers offering HSAs do have certain responsibilities for both active employees and post-employment plan participants. This could encompass eligible actives, retirees, leave of absence personnel and COBRA or state continuation participants.
What does non-compliance with C.O.B.R.A truly cost? Here's a breakdown:
A: There are several areas that COBRA penalties can be detrimental to employers from hefty IRS fines, to court (civil lawsuits) to muddied reputation. Here are a few examples of penalties for non-compliance:
Last year millennial's surpassed the baby boomers by becoming the country’s largest generation by population, only a year after they replaced Generation X as the largest generation in the U.S. workforce.