Benefits Think No easy answers on overtime rule
The jump in minimum salary threshold will be ‘a huge deal’ to some employers and brokers alike, says adviser David C. Smith, who recommends bringing in experts to develop a plan.
The jump in minimum salary threshold will be ‘a huge deal’ to some employers and brokers alike, says adviser David C. Smith, who recommends bringing in experts to develop a plan.
The DOL’s new rules, set to be announced today, offers a “token reduction” in the salary threshold for overtime pay and will cause harm to employers, says SHRM’s Lisa Horn.
The U.S. Supreme Court backed out of a divisive clash involving religious groups that object to contraceptive coverage under the Affordable Care Act, issuing a compromise decision that said the two sides might be able to work out their differences.
Employers should start by establishing a registration and testing process for the Affordable Care Act’s mandated documents, says lawyer Carl C. Lammers.
President Obama’s signature healthcare law was dealt another blow as a federal judge ruled a key program intended to reduce consumers’ out-of-pocket medical bills is unconstitutional because it relies on money that hasn’t been appropriated by Congress.
Employers should start by establishing a registration and testing process for the Affordable Care Act’s mandated documents, says lawyer Carl C. Lammers.
To reduce healthcare prices and improve care, a better approach would be to invest in technology that makes cost and quality data more transparent, says adviser Mark Gaunya.
The company’s settlement with drivers in California and Massachusetts serves as a wake-up call to employers that they need to pay attention to how they classify workers.
Often overlooked, handbooks are an important form of documentation that the IRS or DOL will most likely request during an audit, says attorney Patricia Moran.
To reduce healthcare prices and improve care, a better approach would be to invest in technology that makes cost and quality data transparent to consumers, says Mark Gaunya.
New regulation leaves about a third of retirement plan service providers unclear of their professional status, finds a new industry survey.
New regulations herald widespread changes in professional roles and business models for retirement planners and wealth managers.
Often overlooked, handbooks are an important form of documentation that the IRS or DOL will most likely request during an audit, says attorney Patricia Moran.
CIAB argues that a Colorado movement to establish a state-run health insurance program is “ridiculous” and would decimate private group healthcare.
Will health insurance be sold across state lines? Will the ACA be repealed or altered? James Klein, head of the American Benefits Council, explains the probable impact of a Republican or Democratic victory in November.
Retirement plan sponsors should develop a comprehensive risk management strategy that includes the periodic review of contractual protections with their TPAs.
Will health insurance be sold across state lines? Will the ACA be repealed or altered? James Klein, head of the American Benefits Council, explains the probable impact of a Republican or Democratic victory in November.
Republican lawmakers aren’t giving up yet in their fight to kill stricter rules for brokers that have been championed by President Obama.
In another ACA irony, carriers seek to discourage sales of money losing policies by denying consumers the professional advice they need, says NAHU president Don Goldmann.
Advisers and their clients have to start planning now to ensure they are prepared for the HSA fiduciary rules taking effect in two years.