According to the Affordable Care Act (ACA), applicable large employers (ALEs) are obligated to offer full-time employees and dependents affordable minimum essential health coverage. They must also report to the IRS information about the health coverage plans they offer.
In today's competitive labor market, offering traditional benefits like healthcare is no longer enough to attract and retain top talent.
The traditional enrollment process for employee benefits, which often involved filling out paper forms and waiting for them to be processed, has shifted towards an online platform. Employers are now seeking ways to improve this experience by incorporating decision-support tools.
Flammable liquids are present in nearly every workplace. Gasoline, diesel fuel, and many common products such as solvents, thinners, cleaners, adhesives, paints, waxes and hand sanitizer may be highly flammable or combustible. If used or stored improperly, flammable and combustible liquids can cause serious injury or death.
Health benefits are a top priority for most employers, but hearing health is often overlooked.
President Joe Biden signed the Inflation Reduction Act (IRA) into law on August 16, following House and Senate passage. The law's healthcare provisions and increase in IRS auditors could impact employer-sponsored health and retirement plans, so group health plan sponsors should keep an eye on the legislation's provisions, experts say.
According to the Kaiser Family Foundation, approximately 156,199,800 Americans receive health coverage via employer-sponsored plans.
As healthcare benefits costs continue to rise, 67% of U.S. employers are focused on cost control over the next three years. This is in response to an expected 6% increase in healthcare costs in 2023, compared to the average 5% increase this year.
United States Senators Tim Scott (R-S.C.) and Sherrod Brown (D-OH) have introduced the Advancing Auto Portability Act of 2022, which would make it easier for workers to keep their retirement savings with them when they switch jobs. The bill aims to encourage the adoption of auto portability programs.
Although we strive to create a safe work environment for you, the risk of workplace violence in any health care facility remains a serious safety and health issue. Violence can range from threats and verbal abuse to physical assaults and homicide. According to the U.S. Bureau of Labor Statistics (BLS), the health care sector leads all other industries with 45 percent of all nonfatal assaults against workers resulting in time off work.
