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Employee Benefit News for School, City and County Employers

Employers Prioritize Employee Wellness Over Costs When Selecting Benefits

1.5 minute read

A recent survey conducted by TransUnion, a leading consumer credit reporting agency, uncovered a significant shift in employer priorities when it comes to selecting employee benefits....

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National Paid Family and Medical Leave Program Proposed

1 minute read

President Biden proposed fiscal year 2025 budget includes a national paid family and medical leave program.

Impact of Medical Debt on Insured Employees

1 minute read

Despite competitive health care benefits, many employees still face medical debt. Over 40% reported experiencing this issue, as per a survey by Goodroot.

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Employer Total Compensation Costs Increased in Late 2023

1 minute read

Employers saw a 3.8% increase in total compensation spending from September to December 2023, per the recent U.S. Bureau of Labor Statistics report.

IRS Warning Regarding Personal Health and Wellness Expenses

1.5 minute read

The IRS issued a bulletin which reminds taxpayers that tax-advantaged medical savings accounts (health flexible spending accounts (FSAs), health reimbursement arrangements (HRAs), and...

Time to Prepare for 2024 RxDC Reporting

1 minute read

Group health plans and issuers must submit detailed data on prescription drug and health care spending annually to the Centers for Medicare & Medicaid Services (CMS). Known as the RxDC...

Mandatory Electronic Filing for ACA Returns Deadline: April 1, 2024

2.5 minute read

The Affordable Care Act (ACA) requires certain employers to electronically report health plan coverage to the IRS under Code Sections 6055 and 6056. A recent law change mandates...

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5-day COVID-19 Isolation Dropped

1.5 minute read

The Centers for Disease Control and Prevention (CDC) recently issued updated guidelines for individuals testing positive for coronavirus (COVID-19). The CDC now advises that those...

Important Health Plan Notifications for 2023, 2024, and Beyond

2.5 minute read

Employers should stay informed about updates to model notices for group health plans under federal laws. Federal agencies provide and update these notices to aid compliance with...

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Biden Administration Erases $1.2 Billion Student Debt

1 minute read

President Joe Biden's recent approval of $1.2 billion in student debt cancellation has brought relief to 153,000 borrowers enrolled in the Saving on a Valuable Education (SAVE)...