Since President Trump took office, a top priority has been to repeal and replace the Affordable Care Act (ACA) and his administration continues its attempts to undermine the law. With midterm elections less than 90 days away, we can expect the ACA will once again take center stage. Much is at stake. The upcoming midterm elections are […]
If you received a wave of “We’ve Updated Our Privacy Policy” e-mails recently, here’s why: California just passed the California Consumer Privacy Act of 2018 affording California residents unprecedented, expansive data privacy rights. While the act, effective Jan. 1, 2020, is broadly applicable to qualifying businesses, employers should pay special attention to their duties under […]
Very important! Not only do they reflect a company’s culture and values but they also communicate important policies and procedures, and can even help shield employers from litigation. Examples of topics that effective employee handbooks cover include: Anti-discrimination policies- Handbooks should include a section on sexual harassment, the Americans with Disabilities Act (ADA), and equal […]
High-deductible health plans are gaining ground on traditional insurance plans, according to a new report from the Centers for Disease Control and Prevention. Over the past 10 years, adults aged 18 – 64 with employment-based coverage have increasingly opted for high-deductible health plans both with and without health savings accounts. The percentage of adults enrolled […]
Odds are your clients are struggling with higher insurance costs and worried about incurring any future medical bills. Here’s one option advisors can help them explore: health savings accounts. These accounts, which are offered in combination with high-deductible health insurance plans, provide a unique opportunity for clients to save. Better still, they afford triple tax […]
The Trump Administration issued the Short-Term, Limited-Duration Insurance Final Rule that expands the coverage length of “short-term, limited-duration insurance” policies under the Patient Protection and Affordable Care Act. The Final Rule allows individuals to buy short-term insurance policies for coverage periods of up to 12 months — four times the length of the previous three-month cap — […]
The California Supreme Court last week issued an opinion concluding that Starbucks must pay its employees for off-the-clock duties that take several minutes per shift. In issuing its opinion, the Court rejected the coffee giant’s request to invoke a federal wage rule (known as the de minimis doctrine) that excuses employers from paying employees for […]
The Department of Labor in June loosened association health plan regulations, aiming to make it easier for employers to form AHPs and, in turn, make it easier for employers and self-employed individuals to join the resulting AHPs. Before finalizing the AHP regulations, the DOL reports that it received approximately 900 public comments on its initially proposed regulations. […]
A year and a half into Donald Trump’s presidency, the Commander in Chief and his administration have made a strong effort to convert on his campaign promise to alter and even eliminate the Affordable Care Act. We watched a political soap opera play out in 2017 as a Republican House and Senate ultimately failed to […]
We all know that employers do not like uncertainty in their business plans. It makes it hard to develop a strategy and run any business. Since 2010 with the full-throated implementation of the Affordable Care Act (ACA) it is apparent that the one constant during the summer months is that employers spend a tremendous amount […]
