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Large employers are accustomed to intricate benefit rules, including those pertaining to the shared responsibilities of related businesses, but the ACA now requires individualized rather than consolidated reporting.
New regulations are exceedingly complex, and the penalties for non-compliance are steep.
With dozens of state and federal agencies enforcing hundreds of employment and benefits-related laws, advisers can help new employers avoid common administrative missteps.
The levy on high-cost plans is on the horizon and advisers need to prepare for it, says Davin Millholland.
The DOL reported that 67.2% of employee benefit plans investigated in 2015 resulted in financial penalties or other corrective actions.
When it comes to producing documents in employment litigation, the deck is usually stacked in favor of the employee, except in unusual situations when an employee is squirreling away documents in an effort to build a case against the employer.
The DOL reported that 67.2% of employee benefit plans investigated in 2015 resulted in financial penalties or other corrective actions.
With dozens of state and federal agencies enforcing hundreds of employment and benefits-related laws, the administrative burden of running a company can be overwhelming.
Despite being delayed until 2020, the Affordable Care Act’s so-called Cadillac tax on high-cost plans is still on the horizon and employers need to prepare for it.
The Supreme Court Justice’s passing calls into question the future of some benefits-related decisions.
The passing of Supreme Court Justice Antonin Scalia throws employers into a world of uncertainty. While Supreme Court jurisprudence is often unpredictable, Justice Scalia’s death will no doubt lead to an unusual amount of turmoil for the foreseeable future.
Under the proposal, the agency expands its list of the evidence or facts that an employee can show to show establish a retaliation claim.
Under the proposal, the agency expands its list of the evidence or facts that an employee can show to show establish a retaliation claim.
Understanding ACA compliance is critical, but it mustn’t come at the expense of fundamental employee education.
Employers filing taxes must be diligent when classifying independent contractor and employees.
Healthier businesses will receive higher-than-expected rate increases because they are now being pooled with the less healthy plans that may include employees who smoke and engage in other unhealthy behaviors.
Employers served with an Equal Employment Opportunity Commission (EEOC) subpoena requesting private employee information – regardless of its arguable relevance – may nevertheless be compelled to respond.
Leslie Straus leads a fast-growing division of The Benefit Companies that focuses solely on helping clients and fellow advisers tackle the problem of tracking, monitoring and analyzing employee data.
Given the growing regulatory climate, some brokerages are finding it makes financial sense to employ their own lawyers.
Commentary: Since the Family and Medical Leave Act was signed into law in 1993, employee benefits administration and time-off tracking have never been the same.
