Fewer employee benefits are as hotly debated and misunderstood as level-funded and self-insured health plans. There’s no denying an ability to tailor benefits to the workforce for cost savings and a greater level of transparency that also offers control. Concealed beneath their surface, however, lies fiduciary and financial responsibilities as well as risks — all of which benefit advisers […]
President Donald Trump’s proposed $2 trillion cut to mandatory federal spending will likely place Medicaid in the line of fire. But what would this mean for employers who provide health plans through private insurers? The House of Representatives passed a budget resolution that includes an $880 billion cut over a decade to the healthcare and energy sectors. While the […]
1 in 3 American employees say personal financial stress inhibits their ability to focus on their job. For some, this stress means they can’t even make it to work. To tackle costly turnover and absenteeism, many businesses are modernizing their benefits package with a no-cost solution that boosts satisfaction: Earned Wage Access (EWA). Read the […]
As 2025 is well underway, employers are still trying to understand employees’ concerns and priorities when it comes to benefits, in order to promote workplace satisfaction and culture. ADP recently released the seventh edition of its Employee Benefits Survey, with questions about compensation, 401(k) and other savings, flexible work arrangements, mental-health benefits and healthcare, with […]
Rep. Tim Walberg, the lead sponsor, now chairs a key congressional committee, and he thinks the bill can help solve small employers’ insurance problems. A longtime supporter of association health plan proposals has reintroduced his AHP bill — and he’s now in a better position to get that bill through Congress. Rep. Tim Walberg, R-Mich., brought back […]
President Donald Trump continues to insist on using tariffs in a bid to create more jobs and bring down the trade deficit. However, this plan has some gaping holes in it — ones that many employers are already well aware of. The Trump administration has imposed tariffs on China and all imports of steel and aluminum as of March […]
The FTC’s rule banning most covenants not to compete (widely known as “noncompetes”) nationwide is likely dead. Noncompetes are agreements between employees and employers in which the employee promises not to “compete” with the employer—e.g., take a job with a competitor or start a competing business—– for a specific period of time and/or within […]
The FSA spending deadline. You posted reminders, sent emails, shared stories and links. Nonetheless, odds are good that many employees did not spend all of their 2024 FSA funds. In fact, the average employee leaves $441 in unused FSA funds on the table—all because they missed the spending deadline. However, if your organization offers an FSA deadline […]
It’s no secret that many Americans aren’t saving enough for retirement. The SECURE 2.0 Act, signed into law at the end of 2022, aims to make it easier for workers to save for retirement and for employers to establish new retirement plans. Building on the original SECURE Act from 2019, SECURE 2.0 introduces changes to simplify rules for […]
Employee stipends have emerged as a solid solution for companies that want to design flexible, competitive benefits programs. Personalization is key to designing strong benefits that employees engage with, and stipends offer the ultimate level of flexibility and customization. In this guide, we collected a list of stipend ideas to inspire you, along with tips […]
