Big news out of Washington D.C. this month, when the US government announced that it has granted drugstore chain and prescription insurer CVS with approval to purchase health insurance giant Aetna in a $69 billion acquisition – the biggest health insurance deal in history. What does this mean to the health care industry and to you as an employer? Let’s explore.
More updates coming to the ACA! The IRS is making changes to the Affordable Care Act’s affordability percentage in 2019.
What does that mean to you as an employer? The affordability percentage determines if an employer’s offering of health care coverage for its employees and their dependents is affordable based upon a certain percentage of salary. Let’s explore.
How much is too much when it comes to your health and privacy?
That’s the big question up for debate right now, and at the center of it all are workplace wellness programs. On paper, these programs seem like a no brainer for both employers and their employees – an opportunity to keep health costs down while encouraging a healthy lifestyle. What’s not to like? But what about those employees who don’t, or simply can’t, participate? There is cause for concern when it comes to alienating employees who don’t, or can’t, participate in them, while others have raised concerns that they can sometimes border on an invasion of privacy. So, as employers, where do we draw the line?
Let’s explore some of the pros and cons of workplace wellness programs:
Since the Affordable Care Act passed in 2010, there has been much debate as to its details. The ACA was signed into law on March 23, 2010, and since that time, there have been over 70 changes to the law, making it look quite different than what was passed eight years ago.
Once again, more possible changes are looming for the Affordable Care Act, as members of the U.S. House of Representatives on Thursday voted 222-171 to bring an Affordable Care Act employer mandate revision bill for a vote by the full House next week.
House Resolution 1059, as it is known, sets the rules of debate for what they are calling the “Save American Workers Act of 2017″ bill, which would specifically tweak the ACA employer mandate bill.
How would it affect your workplace? Read on…
If you’ve ever adopted a new pet, you understand the stress and patience needed during the early days when you’re still getting to know each other. And if you’ve adopted a puppy, you may very well feel like you just had a baby. Late-night bathroom emergencies and ruined furniture is part of the experience, but all is forgiven. How could you stay mad when those two big brown eyes look at you in a way that makes you feel like only your dog understands you?
With reasons beyond just the condition of your furniture, more and more companies are adopting pet-friendly policies, with many of them now allowing dogs in the workplace.
t’s nearly fall, students are returning to school, and families are getting back into their normal routines after a less structured and often more-relaxed summer break.
While many working parents welcome the change of pace and ability to renew their focus on work while the kids are in school, they may also feel pulled between calls to participate in school-related activities and concerns with missing time at the office. Finding balance between our personal and professional lives is essential to the strength and success of a workforce. Creating an environment that encourages work-life balance has been shown to increase employee loyalty and drive to succeed; an important component to the success of any company. And, in some states, it may also be the law…
We are thrilled to announce that nominations are now open for the 2019 NPA Garnett-Powers & Associates, Inc. Mentor Award. In our partnership with the National Postdoctoral Association (NPA), this award recognizes a faculty member or advisor who has engaged in exceptional mentoring of postdoctoral scholars in their professionalism, accessibility, communications, support, advocation, guidance and networking, in creating a productive and inspiring working environment to enhance and elevate the postdoctoral experience.
California has updated the EDD Notice to Employees, Discrimination posting requirements, Transgender Rights in the Workplace, as well as the Unemployment Insurance Notice. Consequently, if you haven’t already done so, contact the poster company you use to provide you with the appropriate compliance poster(s).
If you haven’t been providing this notice to your Medicare eligible employees, it’s time to start. Section 101 of the Medicare Modernization Act of 2003 (MMA) established a notice requirement under the Medicare Prescription Drug Benefit Program (Part D). Effective in 2005, the regulations have required that individuals eligible to enroll in the Part D drug program (i.e., those entitled to Medicare Part A or enrolled in Medicare Part B) must be informed whether their current prescription drug coverage offered through their employer or union affiliation is at least “actuarially equivalent” to the Medicare Part D drug benefit…
Hospitals will soon be required to post their standard charges online, per a rule finalized on August 2nd , 2018 by the Trump Administration. Starting January 1st ,2019, hospitals will be required to update this information on an annual basis. The Centers for Medicare and Medicaid (CMS) say they wish to arm the consumer with enough information to make informed decisions, encouraging price transparency…
Whether we like it or not, we have to go to the dentist to get our regular checkups and cleanings. It’s one of those things we can’t avoid if we want those pearly whites to stay pearly! However, if you’re like most people, a trip to the dentist for anything other than routine care can be a scary event; the needles, the drilling, the noise!
But, did you know there is an ideal time to see your dentist, especially when the visit involves a molar crown or a root canal? As they say, timing is everything. So, what time¹ is best, and what day² is best, to visit the dentist¹?
With the Affordable Care Act facing an uncertain future and Washington proposing so many changes to the healthcare system, millions of Americans are actively seeking alternative health coverage to meet their medical needs. One such alternative, short-term health plans, have started grabbing people’s attention.
Employers with 50 or more full-time equivalent employees may soon get some relief from the ACA penalties for either not offering coverage or for not offering coverage that meets the minimum value and affordability standards.
Healthcare News from Washington came out this past week when the House Ways and Means Committee approved legislation aimed at weakening Obamacare, including a measure that would temporarily repeal the law's employer mandate.
As a society we tend to burn the candle at both ends, and our bodies often suffer as a result. Whether it’s lack of quality sleep and substantial exercise, or taking the time to fuel our bodies with the proper fresh, balanced nutrition, it’s time we all spend a moment taking stock of our approach to wellness.
By far, the best weapon to fight off cardiovascular disease is a healthy lifestyle full of nutritious foods and plenty of exercise. Did you know your heart is a muscle just like your bicep? And just like your bicep, you need to give your heart some form of a workout every day to keep it healthy and strong.
Last week the Department of Labor announced a final rule to expand access to Association Health Plans (AHPs) through a new, more flexible “Commonality of Interest” requirement. This could be good news for small businesses and consultants who, in theory, will now be able to receive health insurance options that are comparable to larger group plans with lower premiums and including some of the better parts of the Affordable Care Act, as access to preventive care without any out of pocket costs and allowing people to keep their children on the plan until age 26. AHPs are, however, still subject to state rules…