News & Insights

Employers averaging 50-plus full-time equivalent employees in the prior calendar year are deemed applicable large employers and are subject to Affordable Care Act (ACA) affordability requirements. The IRS sets a threshold to determine the affordability of employer-sponsored health coverage and...

Known as the One Big Beautiful Bill, the tax and spending bill signed into law July 4 by President Trump was stripped in its final version of some House-approved enhancements to health savings accounts (HSAs) and flexible spending accounts (FSAs). However, the bill retained some provisions that...

Each year, private employers with 100 or more employees (and certain federal contractors) must file an EEO-1 report with the Equal Employment Opportunity Commission (EEOC). The report provides data about race/ethnicity and sex by various job groupings within a company. The information is used by...

No-cost preventive care has been a pillar of employee benefit plans since the Affordable Care Act (ACA) mandated coverage. Taking advantage of routine preventive services helps employees contain long-term health care spending, yet no-cost care remains widely underused. Demystifying how covered...

Editor's note: The requirements outlined in the article have since been repealed.

Yesterday the Missouri Supreme Court upheld the voter-approved law, known as Proposition A, requiring private employers to abide by new minimum wage and paid sick leave requirements. The case was brought before the...

Financial wellness benefits equip employees with tools to gain better control of their savings and signal the employer values employee financial stability. From generous 401(k) offerings and student loan repayment assistance, to health savings account (HSA)-compatible health plans, employers can...

The U.S. labor force totals more than 168 million people, spanning multiple generations. Employers looking to widen their recruitment pool should note the diverse generational preferences and needs of the workforce.  

Employer-based fully insured and self-funded health plans and insurance companies must submit information regarding prescription drug and health care spending annually, known as Prescription Drug Data Collection (RxDC) reporting. This requirement was created under Section 204 of the Consolidated...

What are Forms 1094 / 1095?

Forms 1094 / 1095 are used by employers and health insurance carriers to report coverage and enrollment information to the Internal Revenue Service (IRS) and benefit-eligible employees.

The IRS sets a standard mileage rate to calculate the deductible or reimbursable cost of miles driven for business, charity, medical, or moving purposes. The standard mileage rates for 2025 are