On June 19, 2020, the Internal Revenue Service (IRS) issued proposed regulations under a portion of the 2017 Tax Cuts and Jobs Act that eliminated the employer deduction for certain employee transportation benefits. The Tax Cuts and Jobs Act changed Section 274 of the IRS Code to disallow employer deductions …
Due to the urgent need to help facilitate the nation’s response to the current public health emergency posed by COVID-19, the Departments of Labor, Health and Human Services and the Treasury have provided answers to a second set of frequently asked questions (FAQs Part 43). This FAQ document provides guidance …
The coronavirus (COVID-19) pandemic has raised a multitude of questions and continues to cause complications among employee populations. A great deal of employers have begun to implement plans to bring employees back into the workplace. So, you might ask yourself — how does one promote a healthy workforce and encourage …
In response to the COVID-19 pandemic, states have passed new employee leave laws and issued new regulations on existing leave laws. These provisions are in addition to the federal Emergency Paid Sick Leave and Emergency Family and Medical Leave Expansion requirements passed on March 18, 2020 as part of the …
The coronavirus pandemic has forced employers to reimagine how they conduct business now and in the future. With many companies extending telework opportunities and seeking ways to limit contact in the workplace, employers are beginning to plan for virtual open enrollment. Businesses have and will continue to face adjustments to …
Since the coronavirus pandemic swept through the United States, nearly 43 million Americans have filed for unemployment. Consequently, uncertainty for what the future holds has been a common theme for many employers in recent months, which has inevitably influenced the lives and routines of their employees. To keep remote employees …
As healthcare spending escalates, many organizations are looking to design innovative programs that curb costs without sacrificing overall employee care and satisfaction. One cost-shifting strategy gaining popularity amongst employers is the reference-based pricing (RBP) model. How RBP Works RBP works by setting spending limits on certain procedures or services — …
Plans to reopen around the country are beginning to go into effect, which means workers who have been working from home or who were furloughed in response to COVID-19, may be returning to the workplace. As employees’ health and wellness remains a top priority, employers need to recognize the added …
During this unprecedented time, employers are looking for ways to provide a sense of relief to their employees. We’ve outlined items employers can share with workers to assist them in light of the COVID-19 crisis. Relief due to Legislation & Carrier Action Updates to new legislation continue to be released …
Earlier this month, the Centers for Disease Control and Prevention (CDC) issued guidance for discontinuing home isolation following COVID-19 diagnosis, as well as recommended protocols for essential workers exposed to the virus. Discontinuing Isolation Following COVID-19 Diagnosis The decision to discontinue isolation should stem from local circumstances. Determination for discontinuation …
When an individual is searching for a job or is already currently employed, health benefits remain a high point of interest, a necessity, especially in a strong economy and tight labor market. Recent surveys suggest, 80% of employees would choose additional health benefits over a pay raise. This explains why …
An EOB is a form that insurance companies send to their members to explain what part of a claim was paid by insurance, what part was not paid and why. Frequently, the terminology and language used on an EOB requires advanced understanding of medical procedure naming conventions and insurance contract …
