Editor's note: The requirements outlined in the article have since been repealed.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
Missouri employers should note the minimum wage increase that went into effect on January 1, 2025, bringing the state’s rate to $13.75 per hour. An updated minimum wage poster must be displayed in a conspicuous and accessible location. Proposition A, passed by Missouri voters on November 4, 2024,...
More than 20 states and municipalities have enacted paid family and medical leave laws in recent years, and the list is growing. A recent DOL advisory opinion clarifies how employer-provided paid leave is managed under the Family and Medical Leave Act (FLMA) when the employee is also entitled to...
The passage of the Consolidated Appropriations Act (CAA) unleashed a slew of requirements for health issuers and employer-sponsored health plans, including the annual completion of a Gag Clause Prohibition Compliance Attestation (GCPCA). The attestation applies to Employee Retirement Income...
The IRS establishes many of the rates and limits that pertain to health plan compliance, including the affordability threshold and limits associated with flexible spending accounts (FSAs), health saving accounts (HSAs) and high deductible health plans (HDHPs). As a new year approaches plan sponsors...
