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Article Library

Roller Coaster Therapy

Finally, a medical procedure people will stand in line for!

Read more: Roller Coaster Therapy

DOL Proposes Form 5500 Changes

Currently, employer-sponsored group health plans that have less than 100 participants that are fully-insured, self-insured or a combination of both, are not required to file a Form 5500. In July 2016, the DOL and Internal Revenue Service (IRS) proposed to implement significant changes which would increase the annual reporting obligations for nearly all health and welfare plans. The proposed changes would eliminate the small plan exception and would require all employer-sponsored group health plans subject to ERISA to file a Form 5500, regardless of the plan’s size.

Read more: DOL Proposes Form 5500 Changes

Developing a healthy work-life balance

When you are at work, are you truly “at work”? When you are home, are you truly “at home”? Many people are putting in extra hours by working late in the office or at home, or using their smartphones to be on call or answer email when they are not physically at work.

Read more: Developing a healthy work-life balance

New DOL Overtime Rule Effective December 1

In July of 2015, the Department of Labor announced a proposed rule that would extend overtime rules to millions of workers. The new rule which is effective December 1, revises the salary component of “white collar” exemptions (executive, administrative and professional exemptions) as well as highly compensated employee exemptions.

Read more: New DOL Overtime Rule Effective December 1

Wellness Trends 2016

Where are health and wellness trends taking us this year? Overall, the theme is “less is more”.

Read more: Wellness Trends 2016

REMINDER: PCORI Fees due July 31st

PCORI, the “Patient-Centered Outcomes Research Institute”, is a non-profit entity that compares the effectiveness of medical treatments. The Affordable Care Act imposed a tax to fund the institute which applies to health flexible spending arrangements and HRA plans. The very first PCORI reporting requirement was back in July of 2013.

Read more: REMINDER: PCORI Fees due July 31st