Employee Benefits Archives - Page 7 of 18

08 Dec Trends At A Glance: Employee Benefits Costs by Organization Size

Posted at 16:41h in Employee Benefits White Papers by reseco .0 Comments .

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Employees again this year contributed about 32% of the premiums while employers covered approximately 68%, quelling fears that we were moving rapidly away from the typical 70/30 employer/employee split.

As the Coronovirus pandemic sweeps the nation in 2020, a crucial pillar supporting the U.S. workforce is employer-sponsored healthcare. While we wait to see how postponed preventive care and delayed elective surgeries will affect the health of the nation's workforce, and how the total costs of COVID-19 testing, treatment, and vaccinations will be financed, we are already leveraging our local knowledge, as well as the data from this survey to recommend renewal strategies for 2021.

03 Dec IRS: Unused Transit Benefits May Be Used for Parking

Posted at 18:18h in COVID-19, HR and Operations by reseco .0 Comments .

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In response to a question from a worker who, due to COVID-19, opted to drive to work instead of using public transportation, the IRS has issued a letter saying that employees may apply unused commuter transit benefit amounts to parking benefits in certain circumstances.

02 Dec How To Encourage Employees to Use Telehealth Services

Posted at 15:40h in COVID-19, Employee Benefits by reseco .0 Comments .

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The COVID-19 pandemic has proven just how convenient telehealth services can be.

According to a survey from FAIR Health, there was a 4,347% increase nationally in telehealth utilization from March 2019 to March 2020. In addition, many providers and hospitals are encouraging patients to utilize telehealth services instead of coming to the office or hospital for non-life-threatening care.

01 Dec PCORI Fee Amount Has Been Adjusted for 2021

Posted at 17:40h in Employee Benefits White Papers by reseco .0 Comments .

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The Affordable Care Act (ACA) imposes a fee on health insurance issuers and self-insured plan sponsors in order to fund comparative effectiveness research.

These fees are widely known as Patient-Centered Outcomes Research Institute (PCORI) fees, and were originally scheduled to expire for plan or policy years ending on or after Oct. 1, 2019. However, a federal spending bill enacted at the end of 2019 extended the PCORI fees for an additional 10 years.

01 Dec Trends At A Glance: Employee Benefits Costs by Industry

Posted at 05:02h in Employee Benefits White Papers by reseco .0 Comments .

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Employees again this year contributed about 32% of the premiums while employers covered approximately 68%, quelling fears that we were moving rapidly away from the typical 70/30 employer/employee split.

As the Coronovirus pandemic sweeps the nation in 2020, a crucial pillar supporting the U.S. workforce is employer-sponsored healthcare. While we wait to see how postponed preventive care and delayed elective surgeries will affect the health of the nation's workforce, and how the total costs of COVID-19 testing, treatment, and vaccinations will be financed, we are already leveraging our local knowledge, as well as the data from this survey to recommend renewal strategies for 2021.