1.5 minute read

Voluntary separation programs with early retirement incentives can offer a strategic alternative to traditional layoffs. These innovative plans empower employees to make their...

1.5 minute read

The Inflation Reduction Act of 2022 (IRA) includes several cost-saving measures for Medicare Part D, potentially affecting employer-sponsored health plans.

5 minute read

Employers with group health plans face numerous federal compliance requirements, which can be difficult to manage. Mistakes may lead to penalties or legal issues. Regularly reviewing...

1.5 minute read

The Employee Benefits Security Administration (EBSA) has released its annual enforcement report on the Mental Health Parity and Addiction Equity Act (MHPAEA), highlighting its focus...

1.5 minute read

The U.S. Department of Health and Human Services (HHS) has selected 15 more drugs to Medicare Part D price negotiations. Drug companies have until February 28 to join, with talks...

2 minute read

In 2025, organizations are embracing a holistic approach to employee well-being, integrating physical, mental, financial, and emotional support. This shift aims to meet evolving worker...

2 minute read

Health care and employee benefit costs are rising rapidly. Projections for 2025 indicate a 7% to 8% increase, leading to higher premiums, deductibles, and copayments for employees. Here...

1 minute read

The IRS has released Revenue Ruling 2025-4, offering long-awaited guidance on federal tax treatment for state paid family and medical leave (PFML) programs, including income and...

1.5 minute read

Optum Rx, a pharmacy benefit manager (PBM) and subsidiary of UnitedHealth Group, plans to pass all rebate drug discounts to consumers by 2028. This move aims to enhance transparency...

1 minute read

On January 5, 2025, then-President Joe Biden signed the Social Security Fairness Act into law. This legislation eliminates the Social Security Governmental Pension Offset (GPO) and the...