Practical HR Tips, News & Advice. Updated Daily.
Employers have been shifting more premium costs to workers and increasing their deductibles. That, in addition to the fact that price growth in the health sector outpaces growth for the rest of the economy, has resulted in a disproportionate increase in employee out-of-pocket costs, a new Commonwealth Fund report says. Growth in health plan costs […]
You don’t spend nearly enough time simply thinking. Before you take offense to that statement, consider how much time you spend talking, responding to e-mail, even reading—my guess is that you spend more time doing any one of them than you do thinking.
In yesterday’s Advisor, we presented results from our 2014 Recruiting and Retention Survey. Today, more findings from this timely study, including practices for new hires and preferred methods of retention.
Proposed changes to the Summary of Benefits and Coverage rules under health care reform include additions and subtractions to the SBC template, as well as clarifications on how plan sponsors and insurers may apportion the responsibility to furnish the SBC to participants. A third example would be added to the cost-sharing examples required in the […]
With the arrival of 2015, recruiting and retaining top employees will be critical to your organization’s success—and it’s going to get more competitive as the economy improves. How do you compare when it comes to recruiting practices?
Plan participants can recover personal, rather than plan, losses under arguments of “surcharge,” the 9th U.S. Circuit Court of Appeals recently ruled, reversing an earlier opinion, which had been at odds with other federal circuits. On Dec. 16, the circuit court handed down the new ruling in Gabriel v. Alaska Elec. Pension Fund, 2014 WL 7139686 (9th […]
In most employee groups, a small number of employees with serious diseases accounts for a large share of healthcare costs. Disease management programs can help.
Yesterday’s Advisor featured consultant Karl Ahlrichs’ tips for big savings with disease management programs. Today, he shares more on successful wellness programs.
In yesterday’s Advisor, Clare Novak gave tips on understanding the basics of finance; today, how HR relates to this side of your business and some advice on how to turn financial know-how into funding for your comp plan.
The other day, I was driving through a small town and saw a sign on the side of a building that read, “Nobody ever regrets buying quality.” That got me thinking about quality. Did the proprietor of this business have it right? Does no one ever regret paying for a quality product or service?