1 minute read
The latest Salary Budget Planning Report by Willis Towers Watson (WTW) shows that salary budget increases are expected to rise by 3.9% in 2025, with the overall median pay raise for...
1 minute read
The latest Salary Budget Planning Report by Willis Towers Watson (WTW) shows that salary budget increases are expected to rise by 3.9% in 2025, with the overall median pay raise for...
1.5 minute read
For plan years beginning on or after January 1, 2025, employers should be aware of compliance changes affecting the design and administration of their health plans. Changes should be...
1 minute read
According to the latest survey conducted by Willis Towers Watson (WTW), 72% of employees are opting to remain loyal to their current employers. This marks a significant shift from...
1.5 minute read
Employers have dealt with consistent benefits challenges over the past few years, including increasing healthcare costs and competitive compensation demands. While some have made...
5 min read
An organization's wellness program impacts not only employees but also their loved ones, including spouses and dependents. It's crucial to consider all program users to maximize its...
4.5 min read
In the face of escalating prescription drug costs, employers are exploring innovative strategies to manage expenses. Small businesses, in particular, are leveraging employee benefits as...
1 minute read
The U.S. Department of Health and Human Services (HHS) has updated its webpage on safeguarding reproductive health care privacy. The webpage includes additional resources and a HIPAA...
2.5 minute read
The Affordable Care Act (ACA) mandates that applicable large employers (ALEs)(with at least 50 full-time employees) offer affordable health coverage or risk IRS penalties. This...
2 minute read
On June 21, 2024, the 5th U.S. Circuit Court of Appeals ruled a key component of the Affordable Care Act's (ACA) preventive care mandate unconstitutional. The ruling applies only to a...
1 minute read
According to the Centers for Medicare and Medicaid Services (CMS) health care spending in the United States is projected to increase by 5.8% this year to $1.3 trillion. The spending per...