Woodruffsawyer.com

Affordability Under the ACA: How to Ensure Your Company Stays …

WEBThe IRS recently released the 2024 inflation-adjusted amounts, which decreases the Affordable Care Act (ACA) employer-coverage affordability percentage …

Actived: 9 days ago

URL: https://woodruffsawyer.com/insights/aca-affordability-2024-compliance

Integrated Care: The Kaiser Healthcare Model Woodruff Sawyer

WEBIn an interview with Robert Pearl, MD, CEO of The Permanente Medical Group, he stated the four key reasons that sets Kaiser apart, with an integrated …

Category: Medical Go Health

Sustaining Remote Employee Wellness in 2021 Woodruff Sawyer

WEBWFH to WFA: Sustaining Remote Employee Wellness in 2021. November 30, 2020. /. Coronavirus / Employee Benefits. Remote work arrangements have been an …

Category: Coronavirus Go Health

How California OSHA’s Proposed Indoor Heat Illness Prevention

WEBCalifornia experienced the worst heat wave in its history during the summer of 2022. According to NASA.gov, on September 7, 2022, 61 million people were under …

Category: Health Go Health

It’s Okay Not to Be Okay: Helping Employees on Their Mental …

WEBNAMI lets everyone know that no one needs to be alone on their mental health journey, acknowledging that “it’s okay not to be okay.”. While 2020 is behind us, the aftershocks …

Category: Health Go Health

Healthcare Price Transparency Empowers Employees and Employers

WEBThese benefits reflect the purpose of the Transparency in Coverage ruling (also dubbed the “No Surprises Act”) by the Department of Health and Human Services, …

Category: Health Go Health

Self-Funded Health Plans: Breaking the Myths to Find Cost Savings

WEBRead on for more myths about self-insurance and what the real story is behind this cost-saving approach. MYTH: Only large companies can self-fund. MYTH: …

Category: Health Go Health

What’s Driving Benefits Renewal Hikes and How Can You Prepare

WEBThat rate outpaced both wage growth (31%) and inflation (23%) over the same period. New projections show an even higher spike for 2024—for example, while …

Category: Health Go Health

What Are Self-Funded Health Plans

WEBMany employees—and some employers—don't realize how much companies pay for fully funded health insurance premiums.According to the KFF 2022 Employer …

Category: Health Go Health

An Employer’s Guide to Long-Term Care Insurance

WEBLong-term care—sometimes called custodial care—is typically not covered by traditional health insurance or Medicare plans. As a result, your employees may …

Category: Health Go Health

New and Proposed Legislation Puts Spotlight on Long-Term Care …

WEBWith the number of Americans over age 65 set to exceed the number of Americans under age 18 by the end of this decade, long-term care is gaining attention …

Category: Health Go Health

How Your Employee Assistance Program Supports Mental Health

WEBAn employee assistance program (EAP) is an effective way to assist employees through mental health issues and improve their overall well-being. …

Category: Health Go Health

Claims Cost Transparency: Using Data to Optimize Medical …

WEBAnd it's not just medical costs where better claims data transparency can help. Claims cost analysis, and more control through a self-funded plan, can also help …

Category: Medical Go Health

Compliance Alert: IRS Expands HSA Preventive Care Safe Harbor to

WEBOn July 17, 2019, the Internal Revenue Service (IRS) released Notice 2019-45, which expands the definition of preventive care benefits that can be provided by a high …

Category: Health Go Health

Employer HRA Reporting Requirement Woodruff Sawyer

WEBIn the recent draft instructions released by the IRS in regards to employer reporting on Forms 1094 and 1095, the IRS indicates that reporting is required for health …

Category: Health Go Health

Compliance Alert: FICA Reduction Redux – IRS Issues Guidance on

WEBOn June 9, 2023, the IRS released OCC Memo 202323006, which advises that wellness indemnity payments under a fixed indemnity insurance policy are wages for purposes of …

Category: Health Go Health

An Industry at Risk: Addressing Mental Health in Construction

WEBAccording to the Construction Industry Alliance for Suicide Prevention (CIASP), approximately 1,000 construction workers die on jobsites each year, and over …

Category: Health Go Health

Supreme Court Rules on Same-Sex Marriage, Employee Benefits

WEBLast week the U.S. Supreme Court ruled in Obergefell v. Hodges that all states must permit same-sex marriages within their borders and must recognize same-sex …

Category: Health Go Health

Compliance Alert: IRS Adjusts Health Flexible Spending Account …

WEBOn November 9,2023, the Internal Revenue Service (IRS) released Revenue Procedure 2023-34, which increases the health flexible spending account (FSA) salary reduction …

Category: Health Go Health

Compliance Alert: Agencies Release Proposed Regulations on …

WEBOn July 12, 2023, the IRS, DOL and HHS (collectively, “the Agencies”) released proposed regulations that modify the conditions for hospital indemnity and other fixed indemnity …

Category: Health Go Health

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