Ready or not, here comes 2016! While you’re looking forward to popping the champagne and ushering in another successful year, here’s a heads up on what to expect for the coming year for benefits trends. Wellness Programs More than just the New Year’s resolutions that many of us make (then forget about – oops), wellness
Many employers are offering healthcare now because of the Affordable Care Act, but how are they managing them? Many cost-conscious employers understand the need to offer benefits. Besides avoiding costly penalties, it shows they value their employees, helps attract and retain top talent, and adds an extra value that a paycheck or vacation time
Know your plan design In our previous post, we spoke about the eligibility of employees for the Affordable Care Act and how keeping track can make or break a company’s wallet when the penalties start stacking. This is the second half of the information you need to know discussing plan designs and what they need
Time to change ACA gears The July 4th weekend marked more than our nation’s anniversary of freedom, it marked less than 6 months to another ACA installation date. As most of you are aware, the ACA postponed the original “installment” date of the Employer Mandate portion and cut it into 2 portions. Those companies with
Supreme Court Rules on Federally Run Marketplace Subsidies In the news earlier today, the Supreme Court of the United States (SCOTUS) has “ruled 6-3 that the federal subsidies that help nearly 6.4 million people pay for their Obamacare health plans are legal under the Affordable Care Act,” according to the CNBC website, June 25, 2015.
Recently, I reposted an article on dental insurance. I gave my comment that coverage is worth it if you get your teeth cleaned twice a year or have a family member with dental issues that requires treatment. I want to revisit dental insurance here, but more from the providing employer’s perspective than the employee’s. Dental
A guest blog courtesy of Jack W. Bruce. When it comes to Employee Wellness there are three books I readily recommend. Zero Trends, Health as a Serious Economic Strategy by Dee Edington. Zero Trends is the first book that comes to mind whenever I desire to help a CEO or CFO understand the value of employee wellness.
The value of employee choice: the elusive 100%. The polls are in – and employees are mostly happy with their provided health plans: mostly. 85% of employees polled claim that they’re anywhere between somewhat and extremely satisfied with their employer provided benefits plan – and that means employers are doing a good job. This should
The changing of winter to spring outside my window makes me wonder what the summer will bring, both for me, and more importantly, for healthcare reform, especially with such a big decision in front of the Supreme Court. Since the 1990’s, healthcare reform has been on the horizon, and like the changing seasons, it’s finally
What a smart employer should know about wellness programs If you or your company is searching for a benefits program, you’ve probably seen so much insurance jargon your head is spinning. Wellness, MVP, MEC, gap coverage, FSA, HSA contribution gaps, cafeteria plans… the list goes on, but that doesn’t answer your questions about what benefits