Category Archives: Being prepared
IRS Releases Final Rule to Fix ACA’s Family “Glitch”
On October 13, 2022, the IRS finalized regulations (the “Final Rule”) intended to revise the method of determining affordability under the Affordable Care Act (ACA) for an employee’s family members by considering whether the coverage offered by the employer to … Continue reading
PRIORITIZING WELLNESS DURING THE 2022-23 SCHOOL YEAR
Many may be excited for school to start after a long summer. However, the new school year can come with new and recurring challenges. The 2022-23 school landscape looks different from previous years during the COVID-19 pandemic. Mask mandates are … Continue reading
Inflation Reduction Act Contains Some Health Reforms
On Aug. 12, 2022, the U.S. House of Representatives passed the Inflation Reduction Act. President Joe Biden is expected to sign it into law shortly. While this bill is primarily aimed at fighting inflation and reducing carbon emissions, it also … Continue reading
Pay or Play Affordability Percentage Decreased for 2023
On Aug. 1, 2022, the IRS issued Revenue Procedure (Rev. Proc.) 2022-34 to index the contribution percentages in 2023 for determining the affordability of an employer’s plan under the Affordable Care Act (ACA). For plan years beginning in 2023, employer-sponsored … Continue reading
2023 Open Enrollment Checklist
To prepare for open enrollment, group health plan sponsors should be aware of the legal changes affecting the design and administration of their plans for plan years beginning on or after Jan. 1, 2023. Employers should review their plan documents … Continue reading
Form 5500 Is Due by Aug. 1, 2022 for Calendar Year Plans
Employers with employee benefit plans that operate on a calendar year basis must file their annual reports (Forms 5500) for 2021 with the Department of Labor (DOL) by Aug. 1, 2022. An employer may extend this deadline by two and … Continue reading
MENTAL HEALTH MATTERS
Mental health—your mental and emotional well-being—can change over time due to factors like workload, stress and work-life balance. Below is a Infographic that can be sent or printed out to help spread awareness on the impacts our mind can have … Continue reading
Preventing water claims with your HVAC system
As the temperatures continue to rise, so do the number of claims seen due to a/c drain line overflow. While some of these claims can be costly, most of them could be prevented with routine inspections and maintenance. Here are … Continue reading
It’s Time to Get Prepared!
May 1st marked the arrival of National Hurricane Preparedness Week, and with the start of the Atlantic Hurricane Season fast approaching on June 1st, it’s time to get a strategy in place. Hurricanes cause vast amounts of damage and devastation, … Continue reading
HR’s Role in Preventing Cyberattacks
Cyberattacks are a growing concern for employers across the globe but especially for those in the United States. According to the Identity Theft Resource Center, the number of reported U.S. data breaches rose 68% between 2020 and 2021, increasing to … Continue reading
