August, 2023

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How — and why — employers should make healthcare benefits interesting

Employee Benefit News

Employers should be investing just as much into education as they are into creating robust benefit offerings.

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Report: Group Health Plan Cost Inflation to Pick Up Steam

InterWest Insurance Services

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. The cost hike is almost double the 4.5% increases employers saw in 2022 and 2023.

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USCIS Releases Revised Form I-9 to Be Used by November 1

PayrollOrg

On August 1, U.S. Citizenship and Immigration Services (USCIS) published the revised Form I-9, Employment Eligibility Verification, with an edition date of 8-1-23.

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How Does Dental Insurance Work and Is It Worth It?

Fringe Benefit Analysts

You probably know the feeling well. Another six months rolls around and then one day you glance down at your upcoming week’s schedule and there it is, your bi-yearly dentist checkup. But don’t panic. You know the dentist really isn’t as bad as it seems and there are actually some very important reasons to have a dental checkup and cleaning every six months.

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We’re Here to Help! How to Navigate Your Top HR Priorities

Are you helping your people proactively plan for retirement? How are you prioritizing the mental health of your HR team? These are a few of the questions that HR professionals are seeking answers to today. Luckily, Gallagher’s consultants came together with four robust articles (and one infographic) that help address these pain points and provide you with proactive planning tips to help you simplify, personalize and create flexibility in your benefits offerings to help ensure your people thrive

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How a second opinion healthcare program is saving employers $36k per employee

Employee Benefit News

A virtual appointment with a medical specialist at the Cleveland Clinic helps patients get the right kind of care.

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What will the Flexible Working Act mean for working carers?

Employee Benefits

From 2024, employees will be able to request flexible working hours and patterns twice in a 12-month period and will not have to explain any potential effect on their employer. Organisations will have to consider all requests and provide a reason before rejection within two months. Being able to request flexible working should eliminate any stress, anxiety or worry for employees trying to balance work with caring responsibilities.

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A surprising number of employees wouldn’t mind having an AI as their ‘boss’

Workplace Insight

According to a new poll from the Asana Work Innovation Lab , nearly two-thirds of executives of executives think that artificial intelligence will help their companies reach their objectives. The report also suggests that 36 percent of employees in the United States and United Kingdom already use AI at work at least weekly. And a perhaps surprising number of people wouldn’t mind having their work graded by artificial intelligence or even having a robot as their ‘boss’ The repor

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States Amend Professional Practice Standards to Incorporate Telehealth

McDermott Will & Emery Employee Benefits

Numerous states—including Wisconsin, Illinois, Kentucky and Oklahoma—have been busy finalizing rulemaking and legislation that create or amend professional practice standards to incorporate telehealth. What have these states been up to over the last month? Learn more here. The post States Amend Professional Practice Standards to Incorporate Telehealth appeared first on EMPLOYEE BENEFITS BLOG.

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Should HR Teams Provide Health Insurance Calculators?

Flimp Communications

Nearly half (49%) of workers don’t understand their benefits. The most powerful health insurance calculators (think of them as the enterprise-class) are decision-support tools, the best of which can help employees predict their needs and spending, compare plans, and make satisfying decisions in minutes. The post Should HR Teams Provide Health Insurance Calculators?

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4-Week Roadmap for New Hires

Nearly one-quarter of employees (23%) admit they’ve cried within the first week! Give new hires a positive start with this four-week onboarding roadmap. This schedule outlines all the turns, detours, and speedbumps new hires can expect in their first month. We’ve included suggestions for each week to help you make your new employees’ highway to success an easy road.

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Is relocation reimbursement taxable? How to assess tax liability for employee relocation

Business Management Daily

There often comes a time when you need employees to move for your business. Perhaps you are opening a new location and want a few of your top team members to lead the charge. Or you may have the perfect promotional opportunity for an employee arise, but it’s at a different branch. When this happens, it’s common to offer relocation reimbursements.

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Professionalism in the Workplace: Building a Positive Environment

HR Digest

In today’s competitive and fast-paced work environment, professionalism plays a crucial role in creating a positive and supportive atmosphere. When employees exhibit professionalism, it not only enhances individual growth but also contributes to the overall success of the organization. In this article, we will explore the importance of professionalism in the workplace and discuss strategies to foster a healthy work culture.

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Helen Burgess: Back to school and the impact on employees

Employee Benefits

It’s nearly that time of year again where parents and their children start planning for the return to or start of school. The school day and the typical 9am to 5pm working schedule are not aligned and parent employees may request to change their start and finish times permanently, or ask to work from home on certain days to allow them to perform their work around school hours, if that is possible in their role.

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Memories of the Office Age 

Workplace Insight

No author uses the built environment like J G Ballard. In his 1975 novel High-Rise, the eponymous structure is both a way of isolating the group of people who live and compete inside it and a metaphor for their personal isolation and inner struggles. Over the course of three months, the building’s services begin to fail. The 2,000 people within, detached from external realities in the 40-storey building, confronted with their true selves and those of their neighbours, descend into selfishness an

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How to Make The Best Benefits Decisions for 2025's Workforce: An HR and Total Rewards Guide

Speaker: Kaitlin Ruby Carroll

Retaining top talent in 2025 means rethinking benefits. In a competitive job market, fertility benefits are more than just offerings - they are a commitment to your team’s well-being. Gain critical insights into the latest fertility benefits strategies that can help position your organization as an industry leader. Our expert will explore the unique advantages and challenges of each model, share success stories from top organizations, and offer practical strategies to make benefits decisions tha

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Guarding the Gateway: Florida Tightens Grip on Electronic Health Records Storage

McDermott Will & Emery Employee Benefits

In May 2023, the Florida Legislature amended the Florida Electronic Health Records Exchange Act to add a provision regarding the security and storage of patient information. It took effect on July 1, 2023. To ensure compliance, Florida healthcare providers should review where their electronic patient information is physically maintained. Read more here.

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What are voluntary benefits?

WEX Inc.

Voluntary benefits give employees the opportunity to further customize their benefits package to meet their personal needs. And they serve as an excellent cost-effective recruitment and retention tool for employers as they look for ways to improve their benefits offerings. In fact, 76% of employees in a recent survey said voluntary benefits would entice them to stay at their current company.

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Clocking Off Early: Average Workday Shrinks By 37 Minutes

Wellable

A compelling trend has emerged: an average reduction of 37 minutes in the workday. How does the shrinking workday impact productivity and employee well-being? The post Clocking Off Early: Average Workday Shrinks By 37 Minutes appeared first on Wellable.

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How to Write Up an Employee Properly and Professionally

HR Digest

So, you’ve got to write up an employee. Sigh It’s never fun, but sometimes it’s necessary. But don’t worry, we’re here to help. In this ‘How to Write Up an Employee Guide,’ we’ll walk you through the process of writing a professional employee write-up, from start to finish. We’ll also provide you with ‘How To Write Up An Employee | Email Templates’ so you can see what it should look like.

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Reduce Bias in Hiring: Structured Interview Questions for Employers

Structured interview questions are a valuable tool for reducing bias in hiring. They help: Ensure all candidates are asked the same questions in the same way Level the playing field so all candidates have a fair chance of being successful Improve credibility, reliability, and validity Download the guide to get the most out of your interview questions!

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Network Rail withdraws annual bonuses for striking employees

Employee Benefits

Network Rail has withdrawn annual bonuses for staff who went on strike in a long-running dispute about pay, jobs and working conditions. Those who participated in strike action from June 2022 onwards will not receive a performance-related payment this year. This decision is likely to affect up to 20,000 members of the RMT union, whose members took industrial action earlier this year.

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3 Ways to Maximize Your Financial Wellness Benefits

Best Money Moves

3 ways to maximize your financial wellness benefits. Financial wellness is a must-have employee benefit — learn how to maximize your financial wellness program. Today, almost 35% of companies have financial wellness offerings for their employees, up from 25% in 2020, according to the Employee Benefit Research Institute (EBRI). Financial wellness benefits help companies help reduce attrition , attract top talent and improve the overall wellbeing of their employees.

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The ‘No More Restrictive’ Requirement for NQTLs Under the Proposed MHPAEA Regulations

McDermott Will & Emery Employee Benefits

We previously reported on proposed regulations under the Mental Health Parity and Addiction Equity Act (MHPAEA). If adopted in final form, these regulations would vastly complicate compliance by group health plans and health insurance issuers with an already challenging set of mental health parity rules. The proposed regulations deal principally with non-qualified treatment limitations (NQTLs), […] The post The ‘No More Restrictive’ Requirement for NQTLs Under the Proposed MHPA

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Support your employees’ fertility benefit needs with an HSA or FSA

WEX Inc.

Roughly 1 in 6 adults worldwide are affected by infertility. Reasons can vary, which is why wide-ranging fertility benefits can also improve the lives of any adult wanting to start a family. And did you know that a variety of fertility and infertility treatments are eligible for health savings account (HSA) and medical flexible spending account (FSA) funds?

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The Diversity Reckoning: Can HR Survive Without New Perspectives?

Speaker: Jeremy York

2024 has tested every organization, and 2025 promises no less - the warning signs are everywhere. If you’re relying on superficial approaches to diversity, you might find yourself scrambling to catch up. Thought diversity - the fuel for new ideas, fresh perspectives, and disruptive innovation - is more than a buzzword. It's a survival strategy. And if you’re not building it into your workplace culture right now , you’re heading for trouble.

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Sixth Circuit Highlights Importance of the Plan Document

Proskauer's Employee Benefits & Executive Compensa

A recent decision by the U.S. Court of Appeals for the Sixth Circuit ( Patterson v. United HealthCare Ins. Co. , No. 22-3167, 2023 WL 4882436 (6th Cir. Aug. 1, 2023 ) ) illustrates the importance of clearly describing key plan terms in the plan document and summary plan description. Incomplete documentation or disclosure can nullify rights of the plan and its sponsor.

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People Management Skills: The Key to Effective Leadership

HR Digest

In today’s rapidly changing business landscape, effective people management skills are crucial for leaders and managers. People management encompasses a range of responsibilities, from recruiting and onboarding to training and development, performance management, employee engagement, and more. By mastering these skills, leaders can retain top talent, boost productivity and engagement , and drive overall business success.

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Ian Hodson: How do you encourage employees to use green commuting options?

Employee Benefits

More than ever, being able to demonstrate your values as an organisation is imperative not only to active employees but also to recruitment candidates looking for a match not only in respect of the role, but also the organisational culture. Encouraging employees to take greener travel options can be an important part of an organisation’s sustainability and environmental efforts and it is well worth taking the time to revisit the education programme and benefits that can embed and endorse t

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What the office of the future will really look like is the office of today

Workplace Insight

It’s a banality to point out that futurism is nowism plus either a robot butler or blasted landscape. So, I was taken with a press release we had last week from Studio Alliance which shows an AI’s depiction of the office of the future at various points over the next quarter of a century. What is most striking to me, if you set aside the Jetson-y outside views, is how much like the office of the present each is.

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Testing Innovations in Cancer: How to evaluate and use new technologies

Amidst rising cancer prevalence and soaring costs, new cancer technologies and innovations are emerging to support the early detection, treatment, and surveillance of cancer. Read this guide to understand how to evaluate these solutions for your employees and members – and to learn more about the current state of coverage, clinical and cost effectiveness, and impact on quality and outcomes.