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Presenteeism is the act of attending work despite being sick. There can be many reasons for presenteeism, including not being able to afford time off due to illness, having a love and devotion to the job, or having so much to get done at work that the stress and anxiety of taking a day off is too much to bear. Presenteeism isn’t always a negative thing, but when the consequences become unhealthy, it’s something that needs to be looked more closely.
Employees continue to be confused about how Health Savings Accounts (HSAs) and Health Reimbursement Arrangements (HRAs) work. A recent survey from a tech consulting firm for health care plans found that the average consumer’s understanding of HSAs and HRAs is poor or mediocre.
Now that the Patient-Centered Outcomes Research Institute fee filing is within its second year, the experiences that employers have had with this requirement are beginning to emerge. One client shared their personal experience with us that regarded the response she received from the IRS after she submitted the filing.
On July 6, the Department of Labor announced a proposed rule that would extend overtime protections to millions of workers. It would raise the annual salary level at which overtime pay kicks in from $23,660 (or $455 a week) to $50,440 (or $970 a week).
Fact #1: A whopping 70% of US employees are disengaged. Fact #2: Healthcare costs have increased 80% over the past ten years. Several sources have linked these facts together, indicating a direct relationship between the two.
PCORI, the “Patient-Centered Outcomes Research Institute”, is a non-profit entity that compares the effectiveness of medical treatments. The Affordable Care Act has imposed a tax to fund the institute which applies to health flexible spending arrangements and HRA plans.
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