By on Oct 5, 2016 in Employee Benefits, Uncategorized |

Open enrollment for individual and family healthcare plans for 2017 is rapidly approaching. It begins on November 1, and many employers choose a similar timeline when allowing workers to sign up for, or make changes to, their participation in the company’s benefits offerings. As such, now is a vital time to review your benefits package and ensure your plans are in...

By on Aug 9, 2016 in Employee Benefits |

Americans are notoriously bad at taking vacations. According to a study commissioned by Project: Time Off, 55 percent of workers had unused vacation days in 2015. This was equal to 658 million days, of which 222 million could not be rolled over or paid out in any way. While that might sound like good news for the employers who didn’t have to work around their...

By on Jul 27, 2016 in Employee Benefits |

Mental illness affects more of your workforce than you may realize. According to the National Alliance on Mental Illness, 43.8 million U.S. adults—or approximately one in five—experiences a mental illness in a given year. For 10 million of them, the mental illness is serious enough to substantially interfere with or limit one or more of their major life activities....

By on Jul 13, 2016 in Employee Benefits |

Hand writing Benefits with white marker on transparent wipe board. Americans are struggling with student loan repayment. Given the hardships this very common debt can cause, consider these reasons a student loan repayment assistance program could be a powerful addition to your company’s benefits arsenal. It will help you attract more job candidates. According to...

By on Jun 22, 2016 in Employee Benefits |

  According to PwC’s Health Research Institute, medical costs in the U.S. will increase 6.5 percent in 2016. Benefit plan changes, such as narrower provider rangers and higher deductibles, will reduce the increase to 4.5 percent, though many consumers and the companies that employ them will continue to struggle to afford healthcare services. What can you do to...

By on May 25, 2016 in Employee Benefits |

In 2015, the Employee Benefits Security Administration (EBSA), through its enforcement of the Employee Retirement Income Security Act (ERISA), recovered $696.3 million for direct payment to plans, participants and beneficiaries. They closed 2,441 civil investigations, 275 criminal investigations and 201,000 inquiries through the informal complaint resolution...