2029 Employment IT 
PeopleKeep
JUNE 30, 2022
Employers offering a self-insured medical reimbursement health plan, such as health reimbursement arrangements (HRAs), must pay this fee by July 31 each year (or August 1 if the date falls on a weekend) via Form 720 1. If you’re a small business owner, you may have heard of the acronym PCORI and the fees that come with it.
Best Money Moves
SEPTEMBER 7, 2022
Employers are worried, too — 75% of employers fear that employees don’t have enough retirement savings , according to a TIAA survey and another 64% worry that employees may outlive their savings. Here’s how companies can help their employees prepare for retirement. . Focusing on other financial goals. Unable to afford long-term care.
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InterWest Insurance Services
DECEMBER 20, 2023
No more non-competes Under two new laws, non-compete agreements with employees are expressly illegal starting in 2024 and if an employer requires one be signed, it could provide grounds for a lawsuit by the worker. SB 699 — This legislation bars employers from enforcing a non-compete agreement that is void under California law.
Hppy
MAY 31, 2021
According to the forecast by the Bureau of Labor Statistics, employment in the field of IT and computer technology in the United States for the period 2019-2029 will increase by an average of 11%. Thanks to this, more than half a million new jobs will be created, which is much higher than in other industries.
Higginbotham
JUNE 7, 2022
Employer Takeaway. Most employers have already been contacted by their carrier or third-party administrator (TPA) and will rely on their insurance carriers or TPAs to provide the MRFs. Still, these employers remain legally liable for compliance under the TiC Final Rules. Calculating the PCORI Fee Payment.
Higginbotham
JUNE 9, 2023
As a result, these fees will continue to apply for the 2020-2029 fiscal years. Employer Takeaway Using Part II, Number 133 of Form 720, issuers and plan sponsors are required to report the average number of lives covered under the plan separately for specified health insurance policies and applicable self-insured health plans.
Higginbotham
SEPTEMBER 14, 2022
CMS has provided model disclosure notices for employers to use. To make the process easier, employers often include Medicare Part D notices in open enrollment materials sent out annually. The negotiations will take effect in 2026 for 10 drugs covered by Medicare, increasing to 20 drugs in 2029. 15, 2022.
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