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Human resources executives of global companies are most concerned about rising housing costs and increasing requests from transferring employees who want additional spouse career assistance, according to a survey from Cartus Corporation, a provider of global relocation services.
Let’s just say it’s not most people’s favorite thing to do. Known in human resources offices as “Open Enrollment,” the annual ritual of choosing your medical plan, opting in or out of dental and vision coverage, and deciding how much money to put in your flexible spending account is, as they say, “part of growing […]
By Jennifer Carsen, JD On September 8, the Department of Health and Human Services (HHS) issued a proposed rule that would add gender identity protections for individuals enrolled in coverage through the Health Insurance Marketplaces and certain other health coverage plans.
A novel approach to determining damages owed by an investment adviser to two defined contribution retirement plans in an ERISA fiduciary-duty breach was part of a decision including a $15 million reimbursement request handed down recently by a New York federal judge. Plan sponsors should note that the defendant, WPN Corp., was ordered by the […]
Can an employee open up a Health Savings Account (HSA) if their spouse has a general purpose Flexible Spending Account (FSA)? If not, can they open up the HSA account once their spouse’s FSA is exhausted and closed? And once they do this, how does the employer who is contributing to the HSA abide by […]
Most people would probably choose custom over off-the-shelf if they had the chance—even when the product is health insurance. At least, that’s how Michael Jordan, who is president of labor and strategic accounts at MagnaCare, a healthcare services company specializing in self-insured plans and network solutions, sees it.
Results of a new survey show a “direct correlation between family-care benefits and workplace performance, as well as employee recruitment and retention,” says Donna Levin, cofounder and vice president of Care.com Global Workplace Solutions, the survey sponsor.
With many employers making changes to their health insurance plans, including accelerated adoption of high-deductible health plans, it’s more critical than ever for companies to strengthen their efforts to engage employees during their open enrollment periods, according to Chris Hill, CEO of Spotlite.
By Jennifer Carsen, JD Few would claim their favorite season is “tax season,” and this year large employers have yet another reason to dread it: Mandatory filing requirements dictated by the Affordable Care Act (ACA) kick in for 2015. If you are an Applicable Large Employer (ALE), it’s important to note that you are responsible […]
On Oct. 7, 2015, President Obama signed, without comment, the Protecting Affordable Coverage for Employees Act, which amends the Affordable Care Act’s definition of a “small-group,” a move intended to force mid-sized companies into providing richer coverage to workers. The PACE Act (H.R. 1624 and S. 1099) repeals the mandatory expansion of the small group […]