Resources

Top 3 Ways To Address Health Disparities & Cut Costs

Millions of Americans face significant barriers to achieving good health. According to America’s Health Rankings 2022 Annual Report, published by the United Health Foundation and…

5 Critical Steps Before Joining a Nonprofit Board of Directors

Joining a board of directors of a nonprofit organization is exciting and incredibly rewarding as you give your time, talent, and services back to your…

The Role of Tax Insurance in U.S. and Canadian Renewables Projects

Renewable energy projects require significant upfront investment, and tax incentives play a crucial role in making these projects financially viable. In the United States, financing…

Navigating Geopolitical Risks: Effective Forecasting Strategies for Businesses

In today’s interconnected world, businesses face a myriad of challenges driven by shifting geopolitical landscapes. From trade wars to international conflicts, organizations must navigate complex…

Preparing for the 2024 Gag Clause Attestation: Key Resources and Action Steps for Employers

On May 24, 2024, the U.S. Department of Labor (DOL) released a set of resources to help health plans and insurance issuers with their annual…

Updates on Health Savings Account (HSA) Contribution Limits

An individual who becomes HSA-eligible during a year is treated as eligible for the entire year if they are eligible on Dec. 1 of that…

Hacking Hospitals (Leader’s Edge)

This article was originally published on Leader’s Edge. Fast Focus Cyber attacks on hospitals and other healthcare organizations have steadily increased in recent years, with…

DOL’s Cybersecurity Program Best Practices for Plan Fiduciaries

Through Compliance Assistance Release No. 2024-01, the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) announced that the cybersecurity guidance released in April 2021…

Final Forms for 2024 ACA Reporting & Final B Series Instructions

The Internal Revenue Service (IRS) recently released the final 2024 forms for reporting under Internal Revenue Code Sections 6055 and 6056. The IRS released the…

Final Rule Strengthens Mental Health Parity Requirements

Highlights The Departments have released a final rule to strengthen MHPAEA’s requirements. The final rule makes changes to the existing NQTL standard to prevent plans…

Pay-or-Play Affordability Percentage to Increase for 2025

Highlights The IRS has announced the affordability percentage that will apply under the ACA’s pay- or-play rules for plan years beginning in 2025. This percentage…

Why Critical Illness Insurance is Essential: Protecting Against Life’s Major Health Events

By: Paul V. Shaheen, RHU, REBC / Vice President For years, we’ve talked to clients about the need for life insurance, with the theme usually being,…

2024 Construction Risks Report

Construction continues to expand, with nonresidential sectors, including civil, growing at a steady 6%, matching 2023’s pace, according to FMI’s 3rd quarter outlook. However, there…

2024 Absence, Disability, and Leave Benchmarking Report

We are pleased to present the findings of Marsh McLennan Agency’s 2024 absence, disability, and leave benchmarking survey in a new report. This report gathers…

Unlocking Savings: Away at School Auto Discounts for Students

Sending your child off to college can be an exciting yet busy time, and it’s easy to overlook potential savings on your auto insurance. If…

Key Trends and Challenges Shaping the U.S. Trucking Industry

The trucking industry comprises businesses that use large commercial motor vehicles (CMVs) to transport a wide range of cargo, including raw materials, product components, and…

Not If but When

This article was originally published on Leader’s Edge Cyber attacks are a clear and present danger to business across the globe. The 2024 Thales Data Threat…

The Rise of AI-Driven Virtual Kidnapping Scams

As artificial intelligence (AI) continues to evolve, malicious actors are finding new ways to misuse the technology for harmful purposes. One such tactic is employing…

FTC Noncompete Ban Blocked by Federal District Court

Highlights On May 7, 2024, the FTC issued a final rule that would ban virtually all noncompetes effective September 4, 2024. On July 3, 2024,…

Employer Handling of MLR Rebates

Links and Resources HHS issued interim final rules implementing the MLR requirements in December 2010. The Department of Labor (DOL) issued Technical Release 2011-4 (TR…

Employers Should Monitor These Upcoming and Recent U.S. Supreme Court Cases

During its 2023-24 term, the U.S. Supreme Court issued several important rulings that are expected to significantly affect employers. These cases addressed issues such as…

5th Circuit Vacates DOL’s Tip Credit Final Rule

On August 23, 2024, the U.S. Court of Appeals for the 5th Circuit vacated the U.S. Department of Labor’s (DOL) 2021 rule that revised tip…

How to Handle HSA Overcontributions and Prevent Future Excise Taxes

Health Savings Account (HSA) contributions that go beyond an individual’s maximum allowable amount, or are made by or for someone who is not eligible for…

Welding & Gas CFO Club Recap August 2024

Thanks for the crew of 13 that joined us for our 12th edition. I’m glad we made the last minute pivot to discuss what everyone…