As telecommuting continues to gain popularity with it comes a new set of compliance challenges for businesses. Telecommuting occurs when employees do some or all of their work away from the company’s main office. Computers, laptops and cell phones, and the availability of high-speed internet connections and secure servers, make working from home, hotels, airports,...
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Step therapy can save money but some say there can be a downside. One way to keep your health benefit plan’s overall costs lower is to encourage employees to choose generic drugs whenever possible. The U. S. healthcare system saved $1.68 trillion from 2005 to 2014 by using generic drugs, according to the IMS Institute...
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Drugs are formulated for normal physiology. Physicians with knowledge of a person’s unique genetic makeup can better determine which drugs will be most effective. Anyone who has watched a commercial for a prescription medication expects to hear a disclaimer warning of potential health hazards. Possible side effects — depending on the medication — can range...
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Prior to leaving the White House, the Obama administration increased enforcement of laws requiring parity of coverage for mental health and substance abuse benefits. In a White House task force report, officials said insurers need to make sure that insurance coverage for treatment for mental health and substance abuse disorders are comparable to—or at parity...
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It’s one of the top issues for employers this year. As President Donald Trump begins his term, an Aon survey found nearly half of employers view the employer mandate as the top healthcare concern of 2017. Arecent Aon survey found 48 percent of employers say the employer mandate is their primary healthcare concern this year....
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Over the last decade, average annual premiums workers have paid for family healthcare coverage have shot up 78 percent, while employer contributions rose 51 percent, a new report found. From 2006 to 2016, the Kaiser Family Foundation survey of 1,900 small and large employers found worker contributions increased from $2,973 to $5,277 while employer contributions...
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The rich get richer, and the wealthy get far nicer benefit packages too. A new report by the Pew Charitable Trusts Foundation found employers spend a median of 38 cents of each compensation dollar on benefits, and those earning more receive more generous benefit packages too. “Controlling for other factors, jobs with higher pay generally...
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Five states, 22 cities, and one county in the United States mandate paid sick leave benefits, making the United States the only country among 22 developed nations that doesn’t guarantee paid leave if someone falls ill or has to care for a sick family member. President Obama in 2015 signed an executive order requiring federal...
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