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In the growing “gig economy,” individuals perform jobs on a one-off or short-term basis, typically through an online application or job marketplace. On April 29, 2019, the Department of Labor (DOL)... Read More
Recently, the Department of Health and Human Services (HHS) released its final Notice of Benefit and Payment Parameters for 2020. This proposed rule describes benefit and payment parameters under the... Read More
On May 13, 2019, Washington state Governor Jay Inslee signed SB 5526 into law to establish a public option health care program in the state. This program, known as “Cascade Care,” is designed to... Read More
FIDELITY BOND BASICS
A fidelity bond protects the employee benefit plan against losses due to fraud or dishonesty.
A fidelity bond must name (or identify) the employee benefit plan as the insured.
A... Read More
On May 24, 2019, the Department of Health and Human Services (HHS) issued a proposed rule to revise the Section 1557 nondiscrimination regulations under the Affordable Care Act (ACA).
Specifically,... Read More
By Noah A. Frank, Michael D. Wong and Jeffrey A. Risch at SmithAmunden
It appears Illinois will become the 11th state to permit recreational cannabis. Once Governor Pritzker signs the legislation, as... Read More
What does the term “performance review” mean to you? To many people, it means sitting down at the end of the year with a manager to discuss how you conducted yourself over the past 12 months. To... Read More
HIGHLIGHTS
Each year, the IRS announces inflation-adjusted limits for HSAs and HDHPs.
The adjusted contribution limits for HSAs take effect as of Jan. 1, 2020.
The adjusted HDHP cost-sharing limits... Read More
The legalization of cannabis continues to grow across the United States with Michigan’s recent entry as the 10th state to join on suit for recreational use. Beyond the 10, 33 states allow for the... Read More
WHITE COLLAR EXEMPTIONS
To qualify for a white collar exemption, an employee must meet:
A salary basis test;
A salary level test; and
A duties test.
APPLICATION TO HIGHER EDUCATION INSTITUTIONS
Some... Read More
