Benefits Buzz-May 2013

May 2013 Benefits Buzz

 

Benefits Buzz – May 2013 (1)

Benefits Buzz-February 2013

Benefits Buzz

DID YOU KNOW

An employer’s coverage is considered unaffordable if the employee’s required contribution for self-only coverage exceeds 9.5 percent of the employee’s household income.

Employers can determine affordability based on the employee’s Form W-2 wages, even though his or her household may have other sources of income.

Benefits Buzz-Rules on Workplace Wellness Programs

Benefits Buzz – December 2012

Benefit Buzz, Tips for a Smooth Open Enrollment

Tips for a Smooth Open Enrollment Season
Much too often, employees are unaware of the changes in benefits offerings from year to year and, by default, select the same plan they chose the year before, even if it is no longer the best option for them.

Benefits Buzz – December 2011

 
DID YOU KNOW…
The U.S. Supreme Court has announced that it will review the health care reform law during its 2012 term, to ultimately decide whether or not the law is constitutional.

This announcement comes after four U.S. Courts of Appeals have reviewed the law and returned differing rulings.

The Supreme Court is expected to issue its decision by June 2012.

Benefits Buzz – November 2011

DID YOU KNOW…

The Department of Health and Human Services (HHS) announced on Oct. 14 that it was suspending implementation of the Community Living Assistance Services and Supports (CLASS) program.

The CLASS program, mandated by health care reform, was intended to be a voluntary, consumer-funded long-term care insurance program.

Benefits Buzz June 2011

DID YOU KNOW
The U.S. Treasury Department in conjunction with the IRS recently announced the new Health Savings Account (HSA) annual contribution limits for 2012.

The 2011 HSA contribution limit is $3,050 for an individual and $6,150 for a family.

The 2012 HSA contribution limit is $3,100 for an individual and $6,250 for a family.

Benefits Buzz-May 2011

Benefits Buzz

DID YOU KNOW……
The Form 1099 reporting requirement that was included in last year’s health care reform law has been repealed. This repeal measure received overwhelming support from Congress and was signed by President Obama on April 14, 2011.

Benefits Buzz – April 2011

Benefits Buzz
DID YOU KNOW………

A recent study showed that health care costs rose at a 15 percent slower rate for employees who participated in a wellness program, compared to employees who didn’t.

This study, conducted by Highmark, Inc.

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