According to Optum’s Wellness in the Workplace study, more than 80% of employers plan to spend more on health care and wellness in the next year than in previous years.
Some people think employment is all about the money, but they’re wrong. For many, it’s about the opportunities. In fact, Gallup cites “lack of development and career growth” as the number one reason employees leave their workplace. Employees expect some development opportunities, so ignoring this outright can quickly lead to an exodus. How can you ensure you’re offering suitable opportunities to keep your employees happy? “Stay conversations” are a good way to start.
Each year, Medicare Part D requires group health plan sponsors to disclose to individuals who are eligible for Medicare Part D and to the Centers for Medicare and Medicaid Services (CMS) whether the health plan’s prescription drug coverage is creditable. Plan sponsors must provide the annual disclosure notice to Medicare-eligible individuals before Oct. 15, 2019.
It’s that time of year again: Calendar year plan sponsors are gearing up for open enrollment. Although this is generally an annual process, employers do experience hiccups in administering open enrollment in a compliant manner. Join us for a discussion of some of the most frequent mistakes employers make in running their open enrollment period.
Filling a job vacancy is a big task. Unfortunately, you get only one chance to make a first impression, and the job posting is often your very first contact with a potential employee. But how do you make your job posting stand out above the rest? Watch the video below to learn five fast tips to make your job posting stand out.
In July, the Centers for Medicare and Medicaid (CMS) proposed rules that would require all Medicare-participating hospitals to post their negotiated prices for standard health care services.
In mid-July, Capital One announced that the personal information of more than 100 million of its U.S. customers was compromised in one of the largest data breaches involving a bank.
To prepare for open enrollment, group health plan sponsors should be aware of the legal changes affecting the design and administration of their plans for plan years beginning on or after Jan. 1, 2020. Employers should review their plan documents to confirm that they include these required changes.
President Donald Trump recently signed an executive order on health care costs aimed at improving price and quality transparency in health care. The order is intended to increase availability of health care price and quality information and protect patients from surprise medical bills.
Research consistently points to time away from work as improving productivity, lowering stress and reducing absenteeism.
Unfortunately, many employees still hold onto their paid time off (PTO) and end up losing much of it at the end of the year. Worse yet, many employees avoid taking time off because their workplace culture discourages it. See why you should be encouraging employees to use PTO