1.5 minute read
The IRS released updated employer responsibility (pay-or-play) penalty amounts under the Affordable Care Act (ACA). The rules require applicable large employers (ALEs) to offer...
1 minute read
The Departments of Labor, Health and Human Services, and the Treasury (Departments) issued FAQs about the contraceptive coverage mandate under the Affordable Care Act (ACA). The FAQs...
2.5 minute read
The labor market is expected to somewhat improve in 2024, but employers will still face challenges in attracting and retaining talented employees. Skills gaps and high inflation...
1 minute read
Health care spending in the United States reached $4.5 trillion in 2022, a 4.1% increase from the previous year. This averages out to $13,493 per person. The growth in health care...
Revised January 2024
Many schools, cities, and counties have employees working 30 hours or more per week as defined by the Affordable Care Act (ACA). Often these workers are not offered Health...
1 minute read
A recent report from the Centers for Medicare and Medicaid Services (CMS) predicted that national health expenditures will outpace the gross domestic product (GDP) growth from 2022 to...
1.5 minute read
Employers are starting to recognize that employee well-being is important to achieving long-term success. Financial wellness programs have become a valuable tool for employers to...
1 minute read
President Biden issued an executive order (EO) aimed at establishing standards for artificial intelligence (AI) relating to security, protecting privacy, advance equity and civil...
1 minute read
The U.S. Census Bureau’s survey revealed that employer-based health insurance was the most common coverage type for 54.5% of working-age adults in 2022. According to Dave Waddington,...
1 minute read
The U.S. Department of Health and Human Services (HHS) published a final rule regarding penalties for HIPAA Privacy and Security Rules. It will apply to penalties assessed on or after...
