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Employee Benefit News for School, City and County Employers

Reminder: COVID-19 Health Plan Extension Deadlines Coming to a Close!

1 minute read

During the COVID-19 national emergency, specific health plan deadlines were extended to provide individuals with more time to make decisions about their healthcare coverage. These...

Effective Strategies to Bridge the Gaps in Your Benefits Offerings

1.5 minute read

In today's world, the competition for top talent is fierce. Employers are recognizing the value of their employees as their most valuable asset. A competitive salary is no longer...

HSAs and Adult Children

1 minute read

Adult children who are covered to age 26 under their parents’ high deductible health plans (HDHPs) may be eligible to start their own health savings accounts (HSAs) and make...

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The Latest Trends in Workplace Ageism

1.5 minute read

While older workers may be more knowledgeable and experienced, employers tend to overlook them in favor of younger, less experienced workers. Despite laws to protect older workers,...

ACA’s Preventative Care Mandate Reinstated

1 minute read

Back in March, a U.S. District Court struck down the Affordable Care Act’s (ACA) preventative care coverage requirements. The ruling stated that items or services with A or B ratings by...

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Employers Embracing Hybrid Work

1 minute read

A recent survey found that 71% of U.S. employers have hybrid work arrangements in 2023, with only 16% requiring in-person work. However, some companies have embraced hybrid work for the...

Gen Xers and Retirement

1 minute read

A recent report found that 69% of Generation X (Gen X) members want to retire by age 65, but only 37% believe they will be able to. Gen X are those individuals born between 1965 and...

HSA and HDHP Limits Increase for 2024

1 minute read

The IRS recently announced the inflation-adjusted contribution limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) will increase for 2024.

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Understanding Minnesota Statute Section 356.24

2 minute read

Many public sector employers in Minnesota may provide an employer contribution to their employee’s deferred compensation 403(b) or 457(b) account. There are a few restrictions that...

The Toll of Medical Debt on U.S. Workers

2.5 minute read

According to a survey of American workers, 37% of employees have medical debt and 32% struggled to pay their medical bills last year. As health care costs rise, so does the number of...