Self-Only HSA Contribution Limit Increased for 2017
By Gwen Cofield The 2017 contribution limits for health savings accounts (HSAs), recently announced by the Internal revenue Service (IRS), include a slight adjustment for self-only coverage.
Tag: benefits
University of Mississippi Pays Out $2.75 Million to Settle Alleged HIPAA Violations
The University of Mississippi Medical Center (UMMC) has agreed to pay $2.75 million to settle multiple alleged violations of the Health Insurance Portability and Accountability Act (HIPAA), following an investigation by the U.S. Department of Health and Human Services, Office for Civil Rights (OCR).
Getting Employees to Read Your Benefits E-Mails
By Jeffrey Hemker, national manager, Retirement Division, Invesco Plan sponsors spend a significant amount of time crafting and deploying employee benefit communications, with 73% using e-mail to get the word out. Despite these efforts, 80% of participants do not open and read materials and, of those who do open, almost half don’t fully understand the […]
Engagement Is Key to Success of Wellness Education Programs
Even the most robust wellness programs are not likely to change employee behavior unless employees are engaged in the process. That’s why savvy companies make engagement a top priority when it comes to educating their employees about wellness.
Effective Wellness Programs Combat Worker Burnout
Seventy percent of U.S. office workers and managers report working more than 40 hours a week, and the majority consider the office the most productive place to get work done. But employers need to take action to ensure it remains an inspiring, motivating environment. This, according to the second annual Workplace Index conducted by Staples […]
More Than Health Insurance: A Holistic Approach to Corporate Wellness
By Dan Colgan, CEO of Rock Paper Team In this day and age, more emphasis is placed on health and wellness than ever before. The rise of “athleisure” fashion trends, the popularity of FitBits, and the abundance of cleanse diets these days have everyone counting steps and calories.
Are Sabbaticals Right for Your Company?
When the White House announced presidential daughter Malia Obama was taking a gap year between high school and college, many people thought it was a good idea. The break between schooling is usually used as an opportunity for young people to do something meaningful, pause from the routine, and return ready to focus on achieving […]
Prepare for HIPAA Privacy/Security Audits This Summer, Experts Advise
By Gwen Cofield Now that the U.S. Department of Health and Human Services (HHS) has begun prescreening questionnaires for Phase 2 privacy and security audits, Health Insurance Portability and Accountability Act (HIPAA)-covered entities should make sure they’re prepared on the compliance areas HHS’ Office for Civil Rights (OCR) has indicated it plans to emphasize.
IRS Issues Guidance On Taxing Distributions to Those in Phased Retirement
By Jane Meacham The IRS on June 15 released guidance on paying employees from a defined benefit (DB) plan once the participant has entered phased retirement and whether the distributions should be taxed.
10 Entry-Level Positions That Offer Telecommuting Benefits
Debunking the myth that entry-level jobs can’t be flexible or that only experienced professionals can attain work flexibility, FlexJobs has identified a sample of 10 remote entry-level jobs for new college graduates to consider. The National Association of Colleges and Employers (NACE) indicates a positive job market for the projected 1,870,000 new bachelor’s degree level […]