Health care flexible spending accounts (HCFSAs) are a valued employee benefit, but create administrative and compliance responsibilities for employers and their third party administrators. Permitted changes to how HCFSAs operate made in response to the COVID-19 pandemic added to these responsibilities. This issue of the Benefit Minute summarizes current compliance considerations for HCFSAs.
SNORING CAN BE SERIOUS! LEARN WHAT SLEEP APNEA IS & HOW TO TREAT IT. Are you snoring every night? If so, you may think your quality of sleep is the only issue at hand, but you maybe experiencing a serious health condition known as sleep apnea. Check out this month’s In Good Health flyer to […]
NOW IS THE TIME TO BOOST YOUR IMMUNE SYSTEM! In the current COVID-19/influenza landscape, many of us are concerned and scared to become ill. Check out this month’s In Good Health flyer to learn several natural ways to boost your immune system and help your body fight off illness.
Are your broker fees out of control? Are you frustrated by increasing employee benefits costs? Do you feel like you’re getting your money’s worth? If you’re asking these questions, you might want to start paying closer attention to what you are paying for in your benefits plan. While there are many factors that go into […]
ALL ABOUT VITAMINS AND MINERALS Many of us wonder if we are getting enough vitamins and minerals and/or if we should use supplements. Vitamins and minerals are vital to our health and our bodies functioning properly, but there is a fine line between getting enough and getting too much. Check out this month’s In Good […]
On March 11, 2021, President Biden signed the American Rescue Plan Act (ARPA) into law. The $1.9 trillion stimulus law includes several welfare and fringe benefit plan provisions. The information outlined below is subject to clarification as the government agencies issue guidance to implement ARPA.
Delaying preventive care could be the difference between life and death. The risks of putting off preventative care are great. Without routine check-ups and screenings, small health issues may go undetected and become life-threatening issues if left untreated. Unmonitored chronic conditions may become worse and cause complications that may be impossible to reverse.
If you have a population of Service Contract Act (SCA) employees, your business likely faces a unique challenge when it comes to offering employee benefits. For an SCA employee, a certain dollar amount for every hour worked must be set aside for their SCA fringe benefits rate—money allotted to their health and welfare benefits.
Recognizing employees is key to retain star performers, which is even more critical during this pandemic. But showing appreciation could be more difficult with many businesses shifting to remote work. In this post I’ll discuss the importance of employee appreciation as a retention tool, especially during COVID, and provide five ideas on how to do […]
