After a lot of twists and turns, the U.S. Department of Labor (DOL) has finalized regulations making it harder for employers to classify lower-paid salaried employees as exempt from overtime pay. You may remember that
Company culture seems to have become a popular buzz word these past few years. We often see companies adding a ping-pong table or keg of beer to the breakroom and calling it culture. While foosball
Pharmacy discount cards are prolific. You’ll find them in doctor’s offices, pharmacies and all over the internet. They promise deep discounts on common, generic maintenance medications and more. Employees in high-deductible plans and people without
As we have mentioned several times over the past couple of years, the IRS continues to aggressively enforce the ACA’s employer mandate in spite of numerous efforts to overturn it legislatively and through various court
Good news for employers that offer a Health Savings Account (HSA) or are interested in doing so! The IRS has just issued new guidance expanding the definition of “preventive care” that may be covered by
Unlimited PTO is one of the latest HR innovations to improve recruitment and retention while potentially increasing productivity. It can also save substantial amounts of money by eliminating accrued vacation payouts. Competitive companies like Netflix
On June 24, President Trump signed an executive order that, among other things, instructs various federal agencies to: 1) increase transparency in medical pricing and quality, 2) improve the ability of patients to control their
As we reported in our January blog, there’s a new type of tax-deferred account on the horizon. The new accounts – called Individual Coverage HRAs (ICHRAs) – will allow employers to put money in an
Now, more than ever, your pharmacy benefit manager can be a critical partner in controlling your health care costs. And, like any successful partnership, this one requires trust, transparency and goal alignment. Here are five
Once again this year, employers with self-insured health plans are required to pay the ACA tax known as the PCORI fee. For many plans, this will be the last year they have to pay. Here’s