On November 5, 2018, the Internal Revenue Service (IRS) released Notice 2018-85 to announce that the health plan Patient-Centered Outcomes Research Institute (PCORI) fee for plan years ending between October 1, 2018 and September 30, 2019 will be $2.45 per plan participant. This is an increase from the prior year’s fee of $2.39 due to an inflation adjustment.
PCORI Fee Increase for Health Plans | California Benefits Consultants
ACA, Employers, HRA, HSA, Human Resources, Insurance, Law Updates, PCORI, QSEHRA, Self-insured
Flexible Benefits: Choosing the Best Ones for Employees
Dependant Care, Employee Benefits, Employees, Employers, FSA, Health Plans, HRA, HSA, Human Resources, Insurance, Open Enrollment
Trying to decide which of the many employer-sponsored benefits out there to offer employees can leave an employer feeling lost in a confusing bowl of alphabet soup—HSA? FSA? DCAP? HRA? What does it mean if a benefit is “limited” or “post-deductible”? Which one is use-it-or-lose-it? Which one has a rollover? What are the limits on each benefit?—and so on.
Remote Working Strategy: Making a Remote Team Work
Employees, Employers, Human Resources, Millennials, Technology, Telecommute, UBA, Workforce, Workplace
In a tight labor market, a candidate’s potential commute can make a job more or less attractive. HumanResources reports that a quarter of employees surveyed had left a job because of the commute. When looking at just Millennials, the number jumps to one third. Employees can be choosy, selecting a job that offers more of what they want, and that means less of a commute. Companies can work around this by offering transportation amenities, flexible scheduling or more remote working opportunities.
On September 14, 2018, the National Labor Relations Board (NLRB) announced in the Federal Register a proposed rule to return its joint-employer standard to its 1984 standard — a standard that stood until 2017. It’s returning to the days of Footloose dancing, Sixteen Candles high school sweethearts, Karate Kid champions, and the principle that a joint-employer of another’s employees applies only if:
Moments of Clarity: Being Transparent | California Employee Benefits
culture, Employees, Employers, Human Resources, Leadership, motivation, Workplace
Aristotle was right when he said, “Nature abhors a vacuum.” Companies and politicians like to say that they’re transparent, when in fact, they’re often the opposite. And, as in nature, in the absence of facts, people will often fill their minds with what is perceived.
Redesigned W-4 Form to Launch in 2020 | CA Benefits Partners
Compliance, Employees, Employers, Forms, Human Resources, IRS, W-4, Workplace
When will the new Form W-4 be released? In 2020, according to a press release published by the Treasury Department on September 20, 2018. The department announced that the IRS will implement a redesigned W-4 form for tax year 2020, a timeline that will allow for continued work to refine the new approach for the form.
Open Enrollment Tips for Employers | CA Benefits Agency
Benefit Advisors, Benefits, California Employee Benefits, Cupertino Employee Benefits, Employee Benefits, Human Resources, Insurance, Open Enrollment
It’s typical to have mixed feelings about the annual benefits open enrollment period. Dread for the additional administrative workload and potential benefits cost increases… Anticipation of newer, more attractive, and easier to administer plans… It makes for a fall season that causes many HR professionals and benefits brokers to drown their misery in pumpkin spice lattes.
Addressing Mental Health Care at Work: Employee Mental Health Engagement
EAP, Employee Benefits, Employees, Employers, Human Resources, Mental Health, Therapy, Workplace
Nancy Spangler, a senior consultant at the Center for Workplace Mental Health of the American Psychiatric Foundation, says that one in five adults has a mental health disorder, and one in 10 has a substance abuse problem. In addition, major depression and its associated conditions cost the U.S. over $210 billion every year. Clearly, mental health is an issue we need to investigate both in our offices and across the country.
Final Rule on Short-Term Limited-Duration Insurance
Department of Labor, Employee Benefits, Employers, Final Rule, Health Care, Human Resources, Insurance, IRS, Short-term insurance
On August 1, 2018, the Internal Revenue Service, the Department of Health and Human Services (HHS), and the Department of Labor (collectively, the Departments) released a final rule that amends the definition of short-term, limited-duration insurance. HHS also released a fact sheet on the final rule.