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Common sense seems to be in short supply these days, especially when it comes to application of the rules under the Patient Protection and Affordable Care Act. Here’s a case in point: we’ve heard that some accountants have made the Act’s so-called Cadillac Tax a focus point of their current accounting protocol for retiree health plans.
February 7
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Paul Keckley, executive director at the Deloitte Center for Health Solutions, recently underwent knee surgery and things have not gone so well on the treatment and payment sides.
February 6 -
Almost all employees who participate in one-on-one benefits counseling sessions during enrollment say they have a greater understanding of their employer-sponsored benefits.
February 6 -
A Senate bill introduced Friday as a companion to legislation in the House that would exclude agent compensation from the Medical Loss Ratio formula has industry organizations optimistic about a permanent fix.
February 6 -
Big shifts may be coming in how retirement plans are managed after the the Labor Department Thursday announced the final version of its rules under Section 408(b)(2) of ERISA, which require broker dealers disclose their services and fees to plan sponsors for individual plans.
February 3 -
The U.S. Labor Department has removed a controversial part of its proposed 401(k) fee disclosure rule that would have required retirement plan providers to create a summary document, or "roadmap," of all their fees for employers.
February 3 -
Employer-sponsored plans especially 401(k)s help employees at the lower end of the wage scale to save.
February 2 -
The House of Representatives voted Wednesday to officially repeal the CLASS Act, the long-term care provision of the Patient Protection and Affordable Care Act.
February 2 -
Do your clients have a process in place to comply with the laws that regulate their health plans? If the answer is no, then by default your compliance strategy recommendation to them is “keep your head down and hope you don’t get caught.” While this approach may actually be appealing to some overworked HR Managers, others in the organization, such as the CFO or CEO, may not be happy if they discover that federal law is
February 2 -
We’ve all seen the research data documenting the positive effects that benefits have on employee morale. However, in today’s age of shrinking benefits and rising premiums, employees are likely missing the forest for the trees. During last year’s open enrollment, most employers likely had to raise their employee cost-share, increase their medical deductible, offer a new CDHP or all of the above. Employees can perceive these types of changes as takeaways and/or benefit reductions, resulting in
February 1
