by Joanna Morrow | Sep 16, 2019 | Compliance, Employee Benefits, HR Support
IRS Announces Employer Health Insurance Affordability Threshold for 2020 If you’re a large employer, meaning one who employs more than 50 full time equivalents, then by now you are very familiar with the requirement to offer affordable health insurance to at least 95%...
by Joanna Morrow | Sep 4, 2019 | Compliance, Employee Benefits
Deadline October 15th: Employer Medicare Part D Notices Each year, Medicare Part D requires employers to disclose to individuals who are eligible for Medicare Part D and to the Centers for Medicare and Medicaid Services (CMS) whether the health plan’s prescription...
by Joanna Morrow | Aug 15, 2019 | Employee Benefits, HR Support
2020 Employer Health Premiums: 5 Things To Know In 2019, the United States is projected to spend over $500 billion on prescription drugs, by some estimates—12 times more than the $40.3 billion spent in 1990*. A large portion of that will be paid for by employers via...
by Joanna Morrow | Aug 5, 2019 | HR Support
Arizona Employers Report High Demand for These 6 Skills Working closely with employers every day I learn a lot about what’s working and what’s not, particularly when it comes to recruiting quality employees. If employer complaints are anything to go by, then it would...
by Joanna Morrow | Jul 23, 2019 | Employee Benefits, HR Support
Executive Order on Healthcare & Employer Costs: 3 Changes Coming On June 27, 2019, President Donald Trump signed an executive order that makes a unique start toward cost control in healthcare. Because employers pay for 34% of all healthcare dispensed in America,...
by Joanna Morrow | Jul 9, 2019 | Compliance, HR Support
PCORI Fees Due July 31 – 9 Employer Questions Answered This month employers reach the end of an era as they pay one of the last fees created by the Affordable Care Act (ACA). In 2012, through the Affordable Care Act (ACA), Congress created a nonprofit corporation...
by Joanna Morrow | Jun 24, 2019 | Compliance, HR Support
IRS Form 5500 Due July 31 – 12 Employer Q&A Each year employee benefit plan administrators are required to report on the financial condition, investments and operations of their employee benefit plans. Failure to file the return can result in a maximum penalty of...
by Joanna Morrow | Jun 10, 2019 | Employee Benefits, HR Support
401(k) & Taxation: 10 Things Employers Should Know It used to be that setting up a 401K plan was a daunting task but in recent years plan sponsors have evolved and made plans a lot more user friendly. Recent research performed by Willis Towers Watson reported the...
by Joanna Morrow | May 24, 2019 | Employee Benefits, HR Support
Paid Time Off: Arizona Employers Are Re-Thinking “Vacation” Arizona’s warmer temperatures have arrived and with them comes vacation season. As employees begin putting in requests for time off employers may be interested to know that taking a sick day or requesting...
by Joanna Morrow | May 14, 2019 | Compliance, HR Support
$1.7 Trillion in Uncredited Wages – 8 Employer Questions Answered Recently a large number of employers have received letters from the Social Security Administration (SSA) department titled “Employer Correction Requests”. These letters notify of discrepancies between...