11 Sep 90-Day Limit on Eligibility Waiting Period

Posted at 15:59h in Default

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Unlike the shared responsibility penalties, the 90-day limit on eligibility waiting periods will apply to virtually all employer health plans...

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11 Sep Guidance on “Full-Time” Employees

Posted at 15:45h in Default

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The IRS proposed a similar - though slightly different - approach for determining whether a new employee meets this full-time threshold. ...

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11 Sep More Guidance on “Full-Time” Employees and 90-Day Waiting Period

Posted at 15:19h in Default

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Starting in 2014, larger employers may face "shared responsibility" penalties if any of their "full-time" employees receive subsidized health coverage through an "Affordable Insurance Exchange."...

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11 Sep Unum: Higher Worker Satisfaction Linked to Effective Benefits Education

Posted at 14:00h in Default

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Benefits enrollment season offers employers the chance to positively engage their employees...

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11 Sep Top 6 Tips for Educating your Benefits Department about 401(k) Plan Fees

Posted at 10:00h in Default

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Benefits departments need to come up with a set plan on how to respond to plan participants when they ask about their 401(k) plan’s fees...

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10 Sep Getting the Word Out on the Positives of Employee Benefits

Posted at 10:00h in Default

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Employers who want to boost employee satisfaction with their benefits need to evaluate their employees’ current benefits experience ...

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10 Sep Employee Retention: Surveys Look at Why People Stay in Their Jobs

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60 percent of working Americans say they remain with their current employers because of benefits...

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07 Sep How to Determine if Your Company Picnic Could Create a Workers Comp Claim

Posted at 10:00h in Default

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Guidelines to separate a workers’ compensation injury from a personal injury that is not covered by workers’ compensation....

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06 Sep A COSTLY MISTAKE: FAILING TO TIMELY OFFER COBRA COVERAGE

Posted at 16:28h in Default

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Sponsors of self-funded health plans often fail to offer COBRA coverage on a timely basis to employees who are placed on a leave of absence. This mistake can lead to a most unpleasant result the denial of stop-loss coverage. ...

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06 Sep UNINTENDED CONSEQUENCES OF INDIVIDUAL BENEFIT DISCUSSIONS

Posted at 16:24h in Compliance News

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If the answers those employees receive turn out to be incorrect, the responders may be accused of violating their fiduciary duties under ERISA, and the plans at issue may be required to pay unexpected benefits....

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