3.5 minute read

Employers should be providing certain benefit notices to their employees at open enrollment time. This includes the summary of benefits and coverage (SBC). Other notices must be...

3 minute read

The first part of 2023 was a roller coaster ride for employers, with a record number of employees quitting, a rise in talent shortages, and increased workplace demands from employees....

3 minute read

Many employees need help with open enrollment, but this can especially be true with younger workers. They typically have less experience choosing benefits than their older workforce...

1.5 minute read

Fewer employees understand how their health care plans work this year than last year, according to the 2023 Healthcare Literacy Report. This confidence is directly linked to overall...

1 minute read

The IRS released updated penalty amounts for those who don’t comply with the Affordable Care Act’s requirements under Internal Revenue Code Sections 6055 and 6066. The increased amounts...

1 minute read

For plan years beginning on or after January 1, 2024, employers should be aware of legal changes affecting the design and administration of their plans. It’s important to communicate...

1.5 minute read

According to a new study, American workers are hesitant to use their paid sick leave, even if they are truly sick. Nine out of ten employees said they worked while sick during the...

1 minute read

According to an annual report by PricewaterhouseCoopers (PwC), health care costs are expected to grow by 7% in 2024. This is due to rising pharmaceutical expenses, especially specialty...

1.5 minute read

Frequently asked questions were recently issued regarding the Affordable Care Act’s (ACA) overall cost-sharing limit and the No Surprises Act’s (NSA) protections against surprise...

1 minute read

As part of the Inflation Reduction Act, Medicare will soon be able to directly negotiate covered prescription drug prices (Part B and Part D). The Centers for Medicare and Medicaid...