Many benefit plan limits have changed for the new calendar year. Here are some limits to review for 2022: 401(k) Limits • Pre-tax contributions: $20,500 (up $1,000 from 2021) •

OSHA Releases Vaccination and Testing ETS On Nov. 4, 2021, the Occupational Safety and Health Administration (OSHA) announced a federal emergency temporary standard (ETS) to address the grave danger of

What President Biden’s Vaccine Mandate Means for Employers President Joe Biden’s administration is continuing its efforts to curb the COVID-19 pandemic and the spread of the deadly coronavirus Delta variant.

FDA Authorizes Moderna and Johnson & Johnson Booster Shots On Wednesday, Oct. 20, 2021, the Food and Drug Administration (FDA) authorized both Moderna and Johnson & Johnson (J&J) COVID-19 vaccine

3 Strategies for Reducing Health Benefits Costs in 2022 According to a PricewaterhouseCoopers (PwC) report, medical costs are projected to increase 6.5% in 2022. That’s why employers must think strategically

Coping With Pandemic Financial Stress Many households were stressed about their finances before the pandemic, but the past year has remained just as challenging. As a result, many Americans are

Changing Technology and Benefits Administration Variations of virtual open enrollment are among the many ways to make employee benefits adaptable. Technology doesn’t fully remove the human aspect from HR, but

Addressing the Current Talent Shortage Across almost all industries, there is a talent shortage. In fact, as of May, there were 9 million open jobs. Talent challenges spare no industry,

Highlights  Medicare Part D imposes disclosure requirements on employers with group health plans that provide prescription drug coverage to Medicare-eligible individuals. Plan sponsors must provide the annual Medicare Part D

Overview  The ACA requires health insurers to spend a minimum percentage of their premium dollars, or MLR, on medical care and health care quality improvement. This percentage is: 85% for

What the Coronavirus Delta Variant Means for Return-to-Work Mask Policies With a growing percentage of the U.S. population fully vaccinated against COVID-19, many localities and employers have eased mask mandates

What You Need to Know About the Biden-Harris Administration’s Actions to Prevent Surprise Billing On July 1, 2021, the Biden-Harris Administration, through the U.S. Departments of Health and Human Services