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Health Insurance: New Health Savings Accounts–What They Are And How They May Impact Benefits Plan Choices

When the sweeping new Medicare law was recently signed into law, bundled within it was an unrelated but key provision for employers—the creation of tax-free Health Savings Accounts (HSAs). We’ll explain what HSAs are, who’s eligible, and what they could mean for you and your employees. We’ll also highlight a few potential downsides you should […]

News Notes: Court Says Employer Can’t Charge Independent Contractors For Workers’ Comp Coverag

  Although the workers’ compensation system is designed to provide protection for injured employees, employers can obtain workers’ comp coverage for independent contractors under certain circumstances. Now a California appeal court has ruled that providing them with coverage will subject both the employer and the contractor to other workers’ comp law provisions—including the prohibition on […]

News Notes: Free Pension Plan Guide Available

The Small Business Administration has partnered with insurer Nationwide to publish a guide to inform business owners about their pension plan options and compliance responsibilities. The guide includes information on: how to determine whether to offer a plan and what type of plan to offer; fiduciary responsibilities; and how to find a qualified pension plan […]

News Notes: Federal Contractor Enters Half-Million-Dollar Settlement Of Gender Bias Claims

Monrovia Nursery in Visalia, which sells plants and plant materials to federal agencies, has agreed to pay out more than $511,000 to 240 women who alleged that the company’s hiring practices discriminated against qualified female applicants. The settlement grew out of a compliance review by the Labor Department’s Office of Federal Contract Compliance Programs.

News Notes: Recent Workplace Injury And Illness Statistics Released

The Department of Labor’s Bureau of Labor Statistics reports that in 2002, private-industry employers recorded 4.7 million nonfatal workplace injuries and illnesses, or 5.3 cases per 100 equivalent full-time workers. About 2.5 million of the recorded cases involved lost workdays, transfer to another job, restriction of work duties, or a combination. The other 2.2 million […]

News Notes: Extension Of Probation Period May Violate FMLA, USERRA

Under Honda of America Manufacturing Inc.’s attendance probation program, a worker who had too many unexcused absences could be terminated. Also, absences for military, family and medical, and other types of leave could prolong an employee’s probationary period by the number of days spent on the leave. Now a federal district court has ruled Honda’s […]