Compensation Solutions Blog
Human Resources Outsourcing (HRO – PEO – ASO – Payroll – Agency)
Bloomberg Business Week Article: The New Healthcare, is it Cheaper?
In an article published by Bloomberg Business Week, “Obamacare Should Make Health Care Cheaper—Just Not Right Away”, writer Elizabeth Dwoskin writes: This week, the Society of Actuaries threw a wrench into President Obama’s persistent assertions that his health-care overhaul is driving down the cost of health care. The nonpartisan professional association for insurance assessors came [...]
May is National Blood Pressure Awareness’ Month
On average, high blood pressure affects one in three people. However, there are several ways to make a positive change to high blood pressure which include very simple lifestyle changes. Exercise: if you don’t exercise, start! Exercise will not only help lower your blood pressure, you will lose weight. Reminder – prior to beginning an [...]
What is the PPACA – Patient Protection and Affordable Care Act, a/k/a Federal Healthcare Reform Law?
Am I considered a small business employer or possibly a large business employer? How do I figure it out? What are the new fees that are part of the PPACA? What is “Play or Pay”? How will all these changes affect my business? To hear all the above answers and more… Join us for our [...]
Health & Wellness – Ten ways to decrease stress, boost mood, have more energy
Ten simple ways which may help you lower stress, boost your positive mood and have more energy: 1. Make your bed: This small ritual can help create a calm environment for you in your bedroom. A soothing bedroom is believed to help you sleep better. 2. Pack a snack: Prepare a healthy snack to take [...]
Best Practices Advice for Company-Sponsored Events
This time of year, employees will be invited to various Company sponsored or promoted events such as summer picnics, sports outings and charitable events, i.e., Habitat For Humanity, Hurricane Sandy Response and Recovery, etc. There are many great purposes for these events, such as for the enjoyment of employees, vendors, clients and their families, assisting [...]
Healthcare Reform – Full-time Employee under the Employer Shared Responsibility Provision
Beginning January 2014, employers that generally employ 50 or more full-time employee equivalents will be subject to the Affordable Care Act provision known as the Employer Shared Responsibility. If an employer does not employ, on average, more than 50 full-time employee equivalents, then the employer is not subject to the Employer Shared Responsibility provision. Employers [...]
Vision problems – do more than have your eyes tested
It is a misconception that you should only get your eyes checked if you are struggling with your vision. There are a number of benefits that can result from getting your eyes examined on a regular basis. As such, failing to have an eye exam annually can be detrimental to your overall health. Not only [...]
How to save money on prescriptions
Know your Prescription coverage! First, if you are covered by health insurance then ask for a copy of your insurance carrier’s drug list. You can obtain a copy of the list so when your physician prescribes a drug then you are able to review the list with your physician. Second, Learn about the myriad of [...]
Federal SHOP Exchanges Delayed until 2015?
A major provision in the Patient Protection and Affordable Care Act, a/k/a Federal Healthcare Reform Law (the “Law”), was the establishment of what will be known as the Small Business Health Options Program (the “SHOP”). The SHOPS, which were intended to be operational in all states by 2014, will operate individually in each state with [...]
Healthcare premiums – sticker shock for all
Numerous recent reports from private groups, as well as, government officials who have come out publically to say that some Americans will see their insurance bills at least double as the health care overhaul law attempts to expands health coverage to millions of people. Additionally, current news from actuaries at health insurers state that they [...]