Tag: benefits

Genetic Testing as Part of Workplace Wellness Programs

By Guest Columnist Jan 20, 2017 Benefits and Compensation

Updated: Jan 7, 2018

Designing competitive benefit packages that help you attract and retain top talent can be daunting.  While health and well-being benefits may only represent a small portion of your overall compensation plan, they can drive a disproportionate share of your budget.  Could the introduction of genetic testing as a covered benefit allow you to better manage your healthcare spend?  With the promise of continued increases in your healthcare premiums, perhaps now is the time to seriously consider using genetic testing in order to offer more personalized benefits.

CMS Finalizes Health Insurance Marketplace Rules

By HR Daily Advisor Staff Jan 20, 2017 Benefits and Compensation

Updated: Jan 7, 2018

On December 16, the Centers for Medicare & Medicaid Services (CMS) issued the Notice of Benefit and Payment Parameters final rule and the final Annual Letter to Issuers for 2018. The primary focus of the notice—risk stabilization—complements recent announcements that are meant to improve the risk pool, including actions to address third-party payments of premiums and improve program integrity for […]

Provider Fraud, Treatment Delays Targeted in New California Workers’ Comp Laws

By HR Daily Advisor Staff Jan 20, 2017 HR Management & Compliance

Updated: Jan 7, 2018

In California, a worker can seek treatment for a work-related illness or injury that’s expected to be covered under the employer’s workers’ compensation policy. To be paid for services performed for claims that aren’t yet finalized, the healthcare provider can file a lien (a claim for payment) against the employee’s workers’ compensation benefits claim. Unfortunately, […]

family

Weighing Paid Parental Leave? Consider These Points First

By Guest Columnist Jan 19, 2017 HR Management & Compliance

Updated: Jan 7, 2018

While the United States is still one of few developed nations that do not offer paid parental leave, Americans overwhelmingly support these policies. A recent poll shows that 82% of voters say it’s important to explore legislation that allows paid time off for medical and family reasons. Today, there is potential for change on the horizon. There has been a growing chorus of support for possibly amending federal unemployment insurance laws to guarantee 6 weeks of paid maternity leave.

How Many Weeks Must Your Employees Work to Pay for Healthcare Coverage?

By Melissa Morse Jan 19, 2017 Benefits and Compensation

Updated: Jan 7, 2018

Healthcare coverage has been a hot button issue for employers since President Obama signed the Affordable Care Act (ACA) into law in 2010. With President-elect Donald Trump taking office, there has been much speculation over whether or not the ACA will be repealed. Only time will tell if the ACA survives a Trump presidency, but […]

Is 2017 the Year for Financial Wellness Among Your Employees?

By HR Daily Advisor Staff Jan 19, 2017 Benefits and Compensation

Updated: Feb 21, 2017

Throughout 2016, newspapers and magazines documented Americans beset by financial concerns. “Evidently, Americans are having a difficult time with their finances. Whatever its cause, their financial insecurity and growing awareness of just how great their insecurity is—inability to cover even a $400 emergency—has created a level of financial stress that is impacting all areas of […]

ACA

U.S. Representative Introduces Bill to Repeal Cadillac Tax

By Jennifer Carsen, J.D., Senior Legal Editor Jan 17, 2017 Benefits and Compensation

Updated: Jan 7, 2018

On January 4, U.S. Representative Mike Kelly (R-PA) introduced H.R. 173, the Middle Class Health Benefits Tax Repeal Act of 2017. The bill seeks to repeal the so-called “Cadillac Tax” provision within the Affordable Care Act (ACA). The provision, which is currently slated to go into effect January 1, 2020, would impose a 40% excise […]