Just as employers that match employees’ 401(k) plan contributions see higher employee participation in the plan, employers that contribute to employees’ health savings accounts (HSAs) are more likely to see eligible employees open an HSA. An examination by UnitedHealthcare of HSA-eligible participants found that when an employer made an HSA contribution on its employees’ behalf,… Read more »
Monthly Archives: September 2009
College students covered under a parent’s health plan will be able to keep that coverage while taking a medically necessary leave of absence from school, under a new law. Under H.R. 2851 — also known as Michelle’s law — group health plans or insurers may not terminate coverage of a dependent child who is eligible… Read more »
The cost of preventable medical errors exceeds $17 billion annually, with nearly half of these expenditures representing direct health care costs. Medical errors, by some estimates, are the eighth leading cause of death in the United States. In addition to health care expenses and the costs associated with untimely mortality, the cost of medical mistakes… Read more »
PRE-TERMINATION CHECKLIST (PDF) Before asking “if I can fire them” review this checklist! (HR That Works Users can access this form in Word format by logging on to the site).
Read this great article, written by Albert J. Weatherhead, that sums up our philosophy in these challenging times.
The National Employer Lawyers Association (NELA) files what they call “amicus” briefs, in which they weigh in on a particular cutting-edge issue. The most recent report identified some of these concerns: Maintaining the right to bring class action wage and hour claims. Protecting employees for being fired for cooperation with an employer’s internal sexual harassment… Read more »
After the Supreme Court ruled against Lilly Ledbetter, the Congress got busy passing the Ledbetter Act. With a Democratic majority and president, it was passed into law this year. Section III of the Ledbetter Act amends Title VII as follows: For purposes of this section, an unlawful employment practice occurs, with respect to discrimination in… Read more »
According to the 19th Annual Retirement Confidence Survey published by the Employee Benefit Research Institute (www.ebri.org), a record low 13% of Americans say they’re confident that they have enough money to live comfortably in retirement. The percentage of those feeling confident about retirement has tumbled by half in the past two years. In light of… Read more »
Are you planning ahead for what’s coming your way? If you’re a human resource executive, or at least responsible for this role, you should be aware of these trends and have a plan to manage them: An aging workforce – Do you have a plan to keep your current employees well trained so they don’t… Read more »
If you’ve decided to purchase Long-Term Care insurance (LTCI), good for you. There’s no question that LTCI can help protect your family’s finances by covering the exorbitant costs of long-term care if and when necessary. However, because LTCI is such an important and sometimes costly purchase, it’s vital that you do your research and buy… Read more »