2024 Benefits Trends: What Employers Need to Know
As the COVID-19 pandemic recedes into the rearview mirror, employers are shifting their focus to new challenges in the benefits space. With medical costs projected to rise 8.9% in 2024, many companies will need to make difficult decisions about their health and welfare offerings. They’ll also face growing pressure to support employees’ financial, physical and mental well-being.
Best Practices for Patient Safety in Healthcare Facilities
Strategies, when implemented effectively, can contribute to a safer and more reliable healthcare environment for patients and healthcare providers.
Heat Rules: OSHA’s National Emphasis Program (NEP) for Heat
As OSHA’s National Emphasis Program (NEP) for Heat enters into its second year, it is important to revisit some key takeaways.
Parametric Insurance: A Sure Bet on Nature’s Gambles
Parametric insurance sounds a lot like betting on horses. In betting on horse races, there is a set threshold - the finish line - that must be crossed to trigger a payout. In parametric insurance, there is a threshold that set parameters must cross to trigger payout.
SECURE 2.0 Means Major Retirement Changes in 2024
With the start of 2024 comes a wave of substantial changes to the retirement landscape caused by the rollout of version 2.0 of the Setting Every Community Up for Retirement Enhancement (SECURE) Act, which was passed by Congress in 2022. The legislation contains provisions aimed at increasing retirement savings and preparedness for millions of U.S. workers.
Stricter New Rules Limit Independent Contractor Hiring
A new independent contractor rule from the U.S. Department of Labor (DOL) could spark an increase in misclassification lawsuits and make businesses less likely to hire gig workers, experts say.