The BenefitWorks remains available, and ready to assist our clients during this challenging time. We do hope you are staying well! As always, we will share updates on legislation, compliance, and helpful resources for you and your employees. Here is the latest: IRS...
There have been a lot of changes and buzzwords coming out of COVID-19 this past week. Here is what you need to know: Legal Update: Coronavirus Bill Requiring Paid Employee Leave Signed Into Law This law goes into effect in 15 days and does affect small employers. ...
As we all try to stay one step ahead of the Coronavirus (COVID 19), the BenefitWorks would like to provide some helpful resources for employers. Click on the links below to download more information: Coronavirus in the Workplace – Compliance Considerations for...
The United States Supreme Court denied motions to expedite consideration of Texas v. Azar, the lawsuit challenging the constitutionality of the Affordable Care Act’s (ACA) individual mandate. This decision follows a federal appeals court ruling that the individual...
The Department of Health and Human Services (HHS) recently published a final rule increasing the civil monetary penalties for violations of laws enforced by HHS, including the HIPAA privacy and security rules. HHS is required to adjust these penalties for inflation...
Heart disease is the leading cause of death for both women and men in the United States, causing about 647,000 deaths annually, according to the Centers for Disease Control and Prevention (CDC). Heart disease is also an extremely expensive disease—costing the United...
Quartz has expanded their Quartz One, Elite and Select networks in Eastern Wisconsin to include Advocate Aurora Health Providers effective January 1, 2020! This includes 14 hospitals and 1,400+ providers in Wisconsin. This expansion does NOT apply to groups using the...
The U.S. Department of Labor (DOL), announced a new final rule that clarifies how to calculate an employee’s regular wage rate under the Fair Labor Standards Act (FLSA). The final rule became effective on Jan. 15, 2020. Calculating the regular rate is an essential...
The federal spending bill signed into law at the end of 2019 repealed three taxes and fees under the Affordable Care Act (ACA): • The Cadillac tax • The medical devices excise tax • The health insurance providers fee The Cadillac Tax The Cadillac tax is a 40% excise...
HIGHLIGHTS The IRS announced cost-of-living adjustments to the annual dollar limits for employee benefit plans. Many of these limits will increase for 2020. In 2020, employees may contribute more money to their HSAs, health FSAs and 401(k) accounts. OVERVIEW Many...
