PeopleKeep

OCTOBER 23, 2024

Thankfully, there’s an alternative: the qualified small employer health reimbursement arrangement (QSEHRA). With a QSEHRA, employees can buy their own individual health insurance policies and get tax-free reimbursements for their premiums and other medical costs.

Health Insurance 105

Health Insurance Healthcare Insurance Medical 105

PeopleKeep

JULY 17, 2024

By the end of 2024, the National Restaurant Association projects there will be 15.7 While the Affordable Care Act (ACA) only requires organizations with 50 or more full-time equivalent employees (FTEs) to offer health insurance. There were 749,404 restaurants in the U.S. million workers in the food service industry 2.

Health Insurance 105

Health Insurance Food Insurance Employee Benefits 105

InterWest Insurance Services

NOVEMBER 18, 2024

A new wave of class-action lawsuits is targeting employers that apply health insurance premium surcharges to employees who use tobacco, accusing them of discrimination and violating the Employee Retirement Income Security Act (ERISA), according to two new blogs by prominent law firms. Restitution of all surcharge amounts charged.

Health Insurance 90

Health Insurance Insurance Employment IT 90

InterWest Insurance Services

DECEMBER 10, 2024

The percentage of employers who are covering new and trendy weight-loss drugs has risen in 2024, continuing a trend of increasing coverage despite the costs, according to a new survey. And, as costs continue rising on average 5.25% in 2024, employers are taking a number of steps to manage costs.

Employment 97

Employment Pharmaceutical Medical Health Insurance 97

Employee Benefit News

NOVEMBER 14, 2024

The FSA store compiled a list of popular but unexpected FSA-eligible products for 2024.

Health Insurance 299

Health Insurance Insurance Healthcare 299

Best Money Moves

SEPTEMBER 6, 2023

What are the deadlines for Open Enrollment 2024? Learn about key deadlines and special enrollment opportunities for the 2024 Open Enrollment Period. Open Enrollment 2024 is right around the corner, providing your workforce with an important opportunity to choose a health insurance plan for the upcoming year.

Health Insurance 98

Health Insurance Insurance Healthcare Employee Benefits 98

Best Money Moves

MARCH 26, 2024

5 key insights about the gig economy in 2024. Here are 4 key takeaways and trends from the gig economy in 2024. Here are 5 key takeaways from the gig economy in 2024. Pre-pandemic benefits such as health insurance and sick leave were considered as a trade-off to flexibility in permanent employment.

Pension 102

Pension Health Insurance Banking Utilities 102

HR Digest

MARCH 12, 2025

These perks, often discretionary, supplement an employees paycheck and can range from health insurance to gym memberships, company cars to childcare assistance. Meanwhile, a nonprofit might lean on robust health insurance and student loan repayment assistance to compete with corporate salaries. It is modest yet impactful.

401(k) 52

401(k) Health Insurance Taxes Retirement Plan 52

Empuls

AUGUST 27, 2024

In this all-encompassing guide, we look at the best available options concerning Employee Benefits Options in 2024, different types, and significance, along with best practices in designing a benefits package to suit the workforce's needs. Health insurance Arguably, this is the most important prerequisite of a good benefits package.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits 401(k) Benefits Package 40

InterWest Insurance Services

JANUARY 28, 2025

Employees who are unfamiliar with how to access care using their group health insurance can inflate your plan costs and how much they pay out of pocket. With health plans absorbing a portion of ER costs, decisions like this can negatively affect your plan as well.

Health Insurance 59

Health Insurance Insurance Education Deductible 59

BerniePortal

OCTOBER 20, 2022

And the rising costs of health services and coverage don’t seem to be slowing down. But in 2024, there may be a surprising new player disrupting the health insurance industry—Apple. Why might Apple start offering health insurance, and how could it affect your organization? Read on to find out.

Health Insurance 52

Health Insurance Insurance Healthcare IT 52

InterWest Insurance Services

JANUARY 30, 2024

WHEN: March 28, 2024 10:00 am – 11:30 am WHO SHOULD ATTEND: Business Owners, HR Professionals, CFOs, Finance Professionals JOIN US TO LEARN MORE: The benefits market is in a perpetual state of flux, and this year is no exception.

Health Insurance 52

Health Insurance Insurance Finance Employee Benefits 52

InterWest Insurance Services

JUNE 13, 2024

Employer adoption of specialized accounts that they fund to help reimburse employees when they buy health insurance on their own is surging in 2024. Employers fund these accounts with money that employees can use to purchase health insurance, often on Affordable Care Act exchanges.

Health Insurance 98

Health Insurance Insurance Deductible Deductions 98

WEX Inc.

FEBRUARY 12, 2025

With the 2024 U.S. Whether it’s a change in healthcare mandates, insurance coverage requirements, or the tax treatment of employer-provided health plans , employers need to closely follow legislative developments.

Healthcare 52

Healthcare Health Insurance Taxes Paid Leave 52

McDermott Will & Emery Employee Benefits

JUNE 26, 2024

On April 26, 2024, the Federal Trade Commission (FTC) issued a final rule to amend its Health Breach Notification Rule (HBN Rule). The HBN Rule works as a compliment and counterpart to the breach notification requirements established under the Health Insurance Portability and Accountability Act (HIPAA) for HIPAA-regulated entities.

Commissions 98

Commissions Health Insurance Insurance Employee Benefits 98

Pacific Prime

JULY 3, 2024

The post Top 10 Countries with the Best Labor Laws for Expats in 2024 appeared first on Pacific Prime's Blog. From Canada to Australia, 10 winning countries were picked for their inclusion of laws that addressed job security.

Health Insurance 98

Health Insurance Insurance Employee Benefits 98

Employee Benefits

OCTOBER 24, 2023

Conducted by global talent services firm Morgan McKinley as part of its 2024 Salary guide , the survey found that the top five desired benefits respondents look for in a job are working from home, bonus, pension, health insurance and flexible working hours.

Benefits Package 118

Benefits Package Salary Pension Health Insurance 118

COMPackage

NOVEMBER 3, 2024

Benefits: A detailed breakdown of employer-sponsored benefits like health insurance, paid time off (PTO), retirement plans, and wellness programs. TCRS provide a transparent breakdown of all aspects of an employee’s compensation package, including: Base Salary: The core component, outlining the annual or hourly wage.

401(k) 52

401(k) Retirement Plan Benefits Package Health Insurance 52

HR Digest

OCTOBER 21, 2024

The spokesperson also added that they have arrived at “tentative agreements” to increase pay and the company contributions to employee health insurance. Last month, CVS was forced to make big changes to its workforce, laying off over 2,900 employees.

Retail 98

Retail Health Insurance Food Insurance 98

InterWest Insurance Services

OCTOBER 8, 2024

With 2025 just a few months away, it’s important that small employers understand their group health insurance reporting obligations under the Affordable Care Act as they changed at the start of 2024. Employers must submit their waiver request at least 45 days prior to the due date for returns by using this form.

Electronics 97

Electronics Employment Health Insurance Insurance 97

Money Talk

APRIL 14, 2022

If so, save those receipts for health insurance premiums and copays. 2022, 2023, 2024, and 2025). State Income Tax Check-Up - State tax rules can vary from federal tax rules. For example, you may qualify to deduct medical expenses on a state income tax return while you cannot on a federal return.

Taxes 189

Taxes Family and Medical Leave Act 401(k) Deductible 189

InterWest Insurance Services

SEPTEMBER 21, 2023

The moves by these insurers come after the Centers for Medicare and Medicaid Services (CMS) announced earlier this year that it would require health insurers to automate prior authorization and return decisions more quickly. Many of these changes took effect immediately and some will start in 2024.

Insurance 98

Insurance Health Insurance Medical IT 98

InterWest Insurance Services

JULY 13, 2023

Employers who were surveyed for a new report expected that group health insurance premiums would increase 5.4% this year and at a faster clip in 2024 as inflation hits medical costs. 6% make larger health savings account contributions to lower-wage staff to make their high-deductible health plan more affordable.

Employment 98

Employment Out of Pocket Cost Health Insurance Health Savings Account 98

InterWest Insurance Services

JULY 4, 2024

workers choosing high-deductible health plans has leveled off during the last two years, uptake has been growing rapidly among one segment of the working population: Gen Z employees. It found that: 64% of health plan enrollees selected a traditional plan in plan year 2024, compared to 69% in 2022. While the number of U.S.

Voluntary Benefits 97

Voluntary Benefits Flexible Spending Account Deductible Deductions 97

PeopleKeep

DECEMBER 11, 2023

Starting in 2024, Indiana employers will have a new tax credit available if they decide to offer their employees a health reimbursement arrangement (HRA) instead of group health insurance. This will allow small businesses and nonprofits to offer affordable and personalized health benefits in The Hoosier State.

Taxes 98

Taxes Employment Health Insurance Insurance 98

HR Digest

JULY 11, 2024

All the employees who were informed of their roles being cut on July 10 have 60 days to plan their next step with their last working day on September 9, 2024. US employees are expected to receive a minimum of 16 weeks of pay with two years added for every year of service.

Health Insurance 52

Health Insurance Engineering Bonuses Insurance 52

InterWest Insurance Services

AUGUST 31, 2023

A new report by Aon warns employers to expect average group health insurance costs to increase 8.5% in 2024, as inflation starts hitting the cost of delivering care as well as pharmaceuticals. The report predicts that employers will pay an average of $15,088 in 2024, compared to the average this year of $13,906.

Pharmaceutical 98

Pharmaceutical Hospitality Health Insurance Medical 98

InterWest Insurance Services

AUGUST 15, 2024

A new study predicts that group health insurance costs will jump 8% in 2025, on par with what American employers have experienced this year and in 2023. Many of the new drugs are costly, but they may also reduce overall health care costs in the long run as they may reduce the need for expensive intervention and emergency treatments.

Pharmaceutical 98

Pharmaceutical Health Insurance Medical Insurance 98

InterWest Insurance Services

DECEMBER 26, 2024

The percentage of employers who are covering new and trendy weight-loss drugs has risen in 2024, continuing a trend of increasing coverage despite the costs, according to a new survey. And, as costs continue rising on average 5.25% in 2024, employers are taking a number of steps to manage costs.

Employment 98

Employment Pharmaceutical Medical Health Insurance 98

InterWest Insurance Services

JUNE 30, 2023

The penalties for not offering health insurance to your employees if you have 50 or more full-time or full-time equivalent employees in violation of the Affordable Care Act are set to rise again next year. The affordability threshold has not yet been announced for 2024.

Employment 97

Employment Health Insurance Insurance Government 97

InterWest Insurance Services

AUGUST 6, 2024

A new study predicts that group health insurance costs will jump 8% in 2025, on par with what American employers have experienced this year and in 2023. Many of the new drugs are costly, but they may also reduce overall health care costs in the long run as they may reduce the need for expensive intervention and emergency treatments.

Pharmaceutical 97

Pharmaceutical Health Insurance Medical Insurance 97

Employee Benefits

JUNE 28, 2024

The technology firm surveyed 250 full-time employees and HR leaders between the ages of 18 and 65 for its 2024 State of employee financial wellness report. Half (54%) would prefer employers invest more in health insurance, while 43% would like more on retirement plans.

Retirement Plan 88

Retirement Plan Health Savings Account Health Insurance Employment 88

COMPackage

OCTOBER 14, 2024

Benefits: A list of all benefits provided by the employer, such as health insurance, retirement plans, paid time off, and life insurance. It typically includes: Base Salary or Wages: The employee’s hourly or annual pay rate. Incentive Compensation: Any bonuses, commissions, or other performance-based pay.

401(k) 40

401(k) Retirement Plan Incentive Compensation Life Insurance 40

InterWest Insurance Services

AUGUST 1, 2023

If you are running a business, you need to get an early start on preparations for your small group health plan open enrollment, particularly now as so much confusion abounds about the state of health insurance in the country. Point of service – A POS health plan is a mix between an HMO and a PPO-style health insurance policy.

Family and Medical Leave Act 98

Family and Medical Leave Act Out of Pocket Cost Deductible Deductions 98

InterWest Insurance Services

AUGUST 22, 2023

If you are running a business, you need to get an early start on preparations for your small group health plan open enrollment, particularly now as so much confusion abounds about the state of health insurance in the country. Point of service – A POS health plan is a mix between an HMO and a PPO-style health insurance policy.

Family and Medical Leave Act 98

Family and Medical Leave Act Out of Pocket Cost Deductible Deductions 98

Employee Benefits

MAY 13, 2024

Resource management service Veolia, banking organisation Aldermore and health insurance firm Vitality have made the top 10 Sunday Times Best Places to Work list for 2024. The post Veolia, Aldermore and Vitality named on Sunday Times Best Places to Work list 2024 appeared first on Employee Benefits.

Hospitality 59

Hospitality Health Insurance Banking Insurance 59

Workplace Insight

OCTOBER 29, 2024

Offering a comprehensive employee benefits package is more important than ever, and Drewberry’s 2024 Employee Benefits And Workplace Satisfaction Survey found that a fifth of employees want insurance to protect their loved ones.

Insurance 59

Insurance Life Insurance Benefits Package Medical 59