Tag: benefits

Tennessee Rule Restricting ACA Navigators Blocked

A federal judge issued a temporary restraining order blocking the Tennessee Department of Commerce and Insurance from enforcing part of emergency rules designed to block health law navigators who had not been vetted by the state. As a result, churches, unions and social service organizations can set up computer stations to help the uninsured sign […]

Taking COBRA or Exchange Coverage: Impact on the Health Care Reform Subsidy

Earlier this month, health insurance exchanges (also known as marketplaces) under the Affordable Care Act were launched, giving consumers — including COBRA qualified beneficiaries — new coverage options. Because qualified beneficiaries may come to employers with questions about enrolling in COBRA versus exchange coverage, here are some key issues to keep in mind. The key […]

Mitigating Measures—Heads Employee Wins … Tails Employer Loses

What’s a Mitigating Measure? According to the Job Accommodation Network, a mitigating measure is a treatment, therapy, or device that eliminates or reduces the limitations of a disability. Medications, including widely prescribed depression and anxiety medications Medical supplies, equipment, or appliances, low-vision devices (defined as devices that magnify, enhance, or otherwise augment a visual image, […]

As Wellness Rule Deadline Approaches, Questions Remain

As the 2014 plan year nears, plan sponsors are still sifting through the recently finalized changes to HIPAA’s nondiscrimination rules on wellness programs. The rules, issued June 3 (78 Fed. Reg. 33158), legally took effect Aug. 2 and must be met for plan years beginning on or after Jan. 1, 2014. Along with raising the […]

Same-Sex Marriages Legally Recognized: How Do Healthcare Benefits Change?

With the DOMA ban on same-sex marriage being ruled unconstitutional, what does this mean for healthcare benefits—will a same-sex marriage be recognized in the same way as other marriages, thus allowing the same-sex partner to receive spousal healthcare benefits paid for at the pre-tax rate? This is just one of the many questions employers are […]

Danger Zone—Myths and Assumptions Around Accommodation for Mental Disabilities

HR needs to be alert to the attitudes of supervisors and coworkers, says Eyres, who is managing partner of the Eyres Law Group LLP in Irvin, California. Here’s what your managers and supervisors are thinking: We only have to consider reasonable accommodations when the injury or illness is work-related. No, says Eyres, the source of […]

Fidelity® Study Finds Older Higher Ed Faculty Confident in their Retirement Savings, but Few Have Taken Action to Plan Income Strategy

BOSTON, October 9, 2013 — Fidelity Investments®, a leading provider of workplace retirement plans in the not-for-profit higher education market, today released the latest findings from its Higher Education Faculty Study(i), revealing that while eight in 10 (82 percent) pre-retiree faculty members (age 55+) are confident they will have enough money to live comfortably in […]

Corporate Pension Funding Highest in Five Years, Above 90 Percent for September

Two indicators of U.S. corporate pension health topped 90-percent funding ratios for September, a significant sign of improvement in the vitality of defined benefit plans. Mercer’s S&P 1500 Indicator Rises Funding levels of DB plans sponsored by Standard & Poor’s 1500 companies monitored monthly by human resources consultant Mercer improved in the latest month, reaching […]

IRS: Bike-share Is Not a Qualified Transport Fringe Benefit

Bicycle share expenses — incurred, for example, when one dips a credit card into a pay kiosk on the street in order to rent a bicycle from a public bike rack — do not qualify as payment for transportation on “mass transit facilities,” as some have argued, nor do they constitute a “qualified bicycle commuting […]

Employee Leave Survey Results In—How Do You Compare?

  Personal or “small necessities” leave is offered by 30% of respondents. 99.6% offer 6 or more paid holidays. 29.4% allow some form of leave donation or leave sharing. Scheduling workloads around leave is the biggest challenge.   Leave Types Leave offered Percent offering 6 or more paid holidays per year 99.6% Paid vacation time, […]