The Henry J. Kaiser Family Foundation has published an interactive implementation timeline to help explain how and when the provisions of the healthcare reform law will be implemented for this year as well as upcoming years. Customize the content you wish to view based on the category of the provision, or whether or not it […]
COBRA generally applies to all private-sector group health plans maintained by employers that have at least 20 employees on more than 50 percent of its typical business days in the previous calendar year. COBRA also applies to plans sponsored by state and local governments. Who counts? Both full and part time employees count towards your […]
<span style=”font-family: Arial; font-size: small;”>The American Taxpayer Relief Act of 2012 that was signed into law included a provision to increase the transit benefit to $240 per month, re-instating the parity of pre-tax transit and parking benefits. The change, effective immediately, allows commuters on public transit to set aside $240 pre-tax monthly (an increase of […]
The Internal Revenue Services (IRS) issued the 2013 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. The standard mileage rate for business is based on an annual study of both the fixed and variable costs of operating an automobile, while only variable […]
As part of the Patient Protection and Affordable Care Act (ACA), the Health and Human Services (HHS) recently released proposed regulations regarding the estimated amount of annual contributions that are required to be paid to them from employer-sponsored group health plans to finance state transitional reinsurance programs. The reinsurance programs are intended to help stabilize premiums […]
Employees will walk over hot coals, figuratively speaking, for a boss they admire and respect. Such leaders can be hard to find, however. If you aren’t already over-supplied with them, you can play a role in turning that around. But your own ideas about what makes a good boss might be at odds with your […]
A reminder of the basic purposes of performance evaluations sets the stage. Employment law attorney David Gabor of The Wagner Law Group says the process can: Push employees to improve performance Clearly communicate your expectations Hold employees and managers accountable Create metrics that link performance to compensation It’s a good idea, he suggests, to take […]
From the desk of Andrew Boron, Director of Insurance at the Illinois Department of Insurance, comes a bulletin regarding rebating, value-added services, charitable contributions, consumer gifts and referral fees. This document is important for all producers and insurers in the state of Illinois to review. Originally posted December 19, 2012, click here to view the […]
The IRS released frequently asked questions to provide answers to same-sex domestic partners, same-sex individuals in civil unions and same-sex couples whose marriage is recognized by state law. The information relates to same-sex couples who reside in community property states and are subject to their state’s community property laws. To view the IRS guide, click […]
You strive to remain FMLA compliant and your employees are expected to return FMLA certifications within fifteen days. However, FMLA regulations include an “out” for employees who miss the deadline for reasons beyond their control. Before terminating an employee simply due to late paperwork, it’s a smart idea to consult with the employee and get […]
