Archive for Kainos Blog’ Category

IRS Proposes New Section 6055 Reporting Requirements for Self-Insured Employers
Sep

8

2016

IRS Proposes New Section 6055 Reporting Requirements for Self-Insured Employers

Employers with self-insured health plans are facing new Section 6055 regulations regarding the reporting of minimum essential coverage. The proposed regulation requires self-insured employers to report this information to the IRS on either Form 1095-B or in Part III of Form 1095-C, if the coverage is provided by an applicable large employer.Section 6055 reporting identifies those individuals who are enrolled in minimum essential coverage. In order…

Read More
Ideas For Improving Employee Morale
Sep

1

2016

Ideas For Improving Employee Morale

OverviewOver time, the morale of any company’s employees can drop, and this leads to lack of motivation to produce, according to HR World. Managers may not know what it takes to improve employee morale, claims Neal Burgis, Ph.D. in his article on the Business Performance website. If possible, ask employees what motivates them, either in a face-to-face meeting or through an anonymous survey. Jane Applegate…

Read More
Supporting Your Employees During the Back-to-School Season
Aug

31

2016

Supporting Your Employees During the Back-to-School Season

As thoughts of changing weather and the impending holidays loom, September (and August, in many states) means back to school for employees with children. Don’t forget about your employees with college-age students, who may be driving them across the country to get set up in dorm rooms and ready to face life on a college campus. Some of your employees may be college students as…

Read More
Initial 2016 Health Plan Survey Results Are Out: PPO Deductibles Increase Fifty Percent, Employer Costs Remain Steady
Aug

24

2016

Initial 2016 Health Plan Survey Results Are Out: PPO Deductibles Increase Fifty Percent, Employer Costs Remain Steady

The 2016 UBA Health Plan Survey contains the validated responses of 19,557 health plans and 11,524 employers, who cumulatively employ over two and a half million employees and insure more than five million total lives. Of the preliminary findings, we see that employees continue to take on more cost for coverage. The median in-network deductible on an employer-sponsored PPO health plan (which nearly half of…

Read More

Aug

19

2016

Flow Chart of Key Wellness Program Regulations

 A wellness program is any formal or informal program that educates employees about health-related issues, promotes following healthy lifestyles, or encourages employees to make healthier choices. Wellness programs vary greatly and are not always called wellness programs. Some are purely educational and have no financial incentives. Others have financial incentives that may take the form of reductions in the employee’s contribution for medical coverage, reduced…

Read More
Health Insurance Industry Terms You Need To Know
Aug

17

2016

Health Insurance Industry Terms You Need To Know

With the ever increasing amount of regulations in the Health Insurance industry – the amount of acronyms is rising rapidly.  If you don’t follow the latest news religiously, then you could find yourself M.O. (missing out!).  Even if you are a seasoned “insurance chooser” – some of the more common terminology could be just as confusing.  Do you know your H.M.O.’s from your H.S.A.’s?  And…

Read More

May

26

2016

Don’t Ignore the CMS Data Match Questionnaire Letters

Originally from United Benefit Advisors. Beginning in early 2016, many employers received letters from the IRS-SSA-CMS Data Match program. These letters are addressed to the employer and begin by stating that “Medicare needs your cooperation.” Employers are directed to report information on the IRS/SSA/CMS Data Match Secure Web Site (https://www.cob.cms.hhs.gov/DataMatch/). The data being requested is often extensive, and can cover a number of years. The…

Read More

May

23

2016

How to Bridge the Wellness Disconnect

Seventeen percent of HR executives versus 30% of business leaders think employee well-being is” very good,” according Optum Health’s Seventh Annual Wellness in the Workplace Study, conducted by the Optum Resource Center for Health & Well-Being.

Page 22 of 138« First...10...2021222324...304050...Last »