Among a small number of large firms with more than 200 employees that offer retiree health benefits, half are providing coverage through a Medicare Advantage plan. This represents a 26 percent increase in 2022 compared to 2017 according to data from the 2022 Kaiser Family...
Under the Affordable Care Act (ACA), applicable large employers must offer affordable health coverage to full-time employees or be subject to an employer shared responsibility payment. This provision applies to an employer with an average of 50 or more full-time equivalent employees in the prior...
As businesses across the nation return to a new post-pandemic normal, evolving employee benefits practices – such as hybrid work models – remain highly important to both employers and employees. However, according to the 2022 Employee Benefits Survey conducted by the Society for Human Resource Management...
The coronavirus pandemic has left many individuals and families without employer-sponsored health insurance due to an involuntary job loss or reduction in work hours. During this challenging time, it is important to avoid a lapse in coverage that could leave you vulnerable to catastrophic healthcare...
The Biden administration is extending protections to workers who have been misclassified as independent contractors, which exempts them from labor and employment laws. The fiscal year 2022 federal budget allocates $7.5 billion to the U.S. Department of Labor to help ensure employees are paid their...