Affordable Care Act
Buy Sell Agreement
Critical Illness Insurance
Employee Assistance Programs
Health Savings Account
Minimum Essential Coverage
Reference Based Pricing
Term Life Insurance
Last week the Trump administration approved changes to Health Reimbursement Arrangements (HRAs) that could impact how your employees purchase and utilize their insurance. This reversal of an Obama era rule will likely provide more flexibility for employees whose options had been restricted previously.
Employees have an important role to play in bringing down the cost of health care. Here's what you need to know about the movement to turn employees from passive agents into savvy healthcare consumers.
If you aren't compliant with the myriad rules and regulations that govern human resources, you can get in big, big trouble. We all know this. We've seen it play out time and time again. But sometimes, these things really need to be driven home. And what better way to do that than by taking a look at some concrete court cases? These cases demonstrate just why it's so important that your human resources department stays on the ball when it comes to compliance.
The traditional 9 to 5 workday is still the most common full-time work schedule, but the idea that it's the only path towards productivity has been challenged in recent years. Instead, many are extolling the virtues of the flexible schedule — particularly when it's combined with the opportunity to telecommute.
Among other things, your Human Resources department is how and where employees interact with your company. The role that they play in the success of your business really can't be overstated.
We're well over halfway through 2018 already, and there's no better time to start looking towards the future than now. So what do we have to look forward to in the ever-evolving field of human resources in the coming years?
The popularity of workplace wellness programs is growing. Financial wellness, in particular, is a hot commodity, given just how stressed most Americans are about their finances. Not every workplace wellness initiative is successful, however. Personal finances are a touchy topic and broaching that with employees can be difficult.
Business owners and insurers haven't always seen eye to eye. After all, they could be seen as having competing goals. A business seeks to keep costs under control and mitigate their risks while an insurance company seeks to maximize their profits. These days it seems like things are really out of control. Healthcare costs are skyrocketing and it's bad for business. That's why businesses are increasingly turning towards nontraditional sources for their insurance needs.
As a business, it's important to keep up with the constantly changing pool of laws and regulations. Generally, this is thought of as a way to stay compliant. However, there are other, more direct benefits to this as well. One way of conceptualizing this is by looking at recently enacted regulations regarding association health plans (AHPs), but first, let's talk a little bit about what an association health plan actually is.
You can't force your employees to make the right financial decisions, but you can point them in the right direction. It's not just good for your employees either. Stressed employees are bad for business and finances are a huge source of stress. That's why it's so important to teach your employees about the fundamental concepts of financial wellness.
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