Archive for Benefits Administration’ Category

Getting the Most Out of an Employee Assistance Program (EAP) | Houston Benefit Advisors
Apr

13

2017

Getting the Most Out of an Employee Assistance Program (EAP) | Houston Benefit Advisors

Many employers understand the value of having an Employee Assistance Program (EAP) since the heart and soul of organizations are employees. Employees who are physically and mentally healthy, highly productive, engaged in their work, and loyal to their employer contribute positively to their employer’s bottom line. Fortunately, most employees are positive contributors, yet even the best of employees can occasionally have issues or circumstances arise…

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Department of Labor Delays Enforcement of the Fiduciary Duty Rule | Houston Benefit Advisors
Apr

9

2017

Department of Labor Delays Enforcement of the Fiduciary Duty Rule | Houston Benefit Advisors

On April 4, 2017, the Department of Labor (DOL) announced that the applicability date for the final fiduciary rule will be extended, and published its final rule extending the applicability date in the Federal Register on April 7. This extension is pursuant to President Trump’s February 3, 2017 presidential memorandum directing the DOL to further examine the rule and the DOL’s proposed rule to extend…

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Congress Abandons Effort to Repeal the ACA | Houston Benefit Advisors
Apr

1

2017

Congress Abandons Effort to Repeal the ACA | Houston Benefit Advisors

On Friday, Republicans in the U.S. House of Representatives pulled pending legislation, known as the American Health Care Act, from further consideration. The bill had been scheduled for a vote on the House floor Friday afternoon but, recognizing that it was headed for defeat, the House leadership cancelled the vote. It is now unlikely that Congress will pursue any legislation to repeal or replace the…

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TeleMedicine – The NextGen Benefit of Minor Healthcare | Houston Benefit Advisors
Mar

29

2017

TeleMedicine – The NextGen Benefit of Minor Healthcare | Houston Benefit Advisors

It’s not surprising that 2017 stands to be the year many will have an experience to share using a Telemedicine or a Virtual Doctor service. With current market trends, government regulations, and changing economic demands, it’s fast becoming a more popular alternative to traditional healthcare visits.  And, as healthcare costs continue to rise and there are more strategic pricing options and digital models available to…

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Congress Eliminates OSHA Continuous Reporting Obligation Rule | Houston Benefit Advisors
Mar

25

2017

Congress Eliminates OSHA Continuous Reporting Obligation Rule | Houston Benefit Advisors

What played out as a soap opera of sorts involving all three branches of government has resulted in relief for employers. On March 22, 2017, the Senate narrowly adopted House Joint Resolution 83 (H.J.Res.83) under the Congressional Review Act. The joint resolution nullifies a recent Occupational Safety and Health Administration (OSHA) final rule that went into effect on January 18, 2017. The rule, “Clarification of…

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The Changing Landscape of Employee Benefits | Houston Benefit Consultants
Mar

18

2017

The Changing Landscape of Employee Benefits | Houston Benefit Consultants

There is no denying our industry is changing rapidly, and it’s not about to slow down. Combined with disruptive advances in technology and evolving consumer expectations, we’re seeing consumer-driven health care emerge. Take, for example, the fact that employees now spend more than nine hours a day on digital devices. There’s no doubt that all this screen time takes a toll. Device screens expose users…

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Long-Awaited Repeal and Replacement Plan for ACA Unveiled | Houston Benefit Advisors
Mar

15

2017

Long-Awaited Repeal and Replacement Plan for ACA Unveiled | Houston Benefit Advisors

On March 6, 2017, the U.S. House of Representatives Ways and Means Committee released a proposed budget reconciliation bill, entitled the American Health Care Act, to replace portions of the Affordable Care Act (ACA). If enacted, the American Health Care Act would provide some relief from provisions of the ACA for employers and make other significant changes to employee benefits. While the proposal is 53…

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The “Line 22” Question: Which Box(es) Do I Check? | Houston Benefit Consultants
Mar

10

2017

The “Line 22” Question: Which Box(es) Do I Check? | Houston Benefit Consultants

Under the Patient Protection and Affordable Care Act (ACA), individuals are required to have health insurance while applicable large employers (ALEs) are required to offer health benefits to their full-time employees. In order for the Internal Revenue Service (IRS) to verify that (1) individuals have the required minimum essential coverage, (2) individuals who request premium tax credits are entitled to them, and (3) ALEs are…

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