Dresser & Associates

IRS Releases Final Regulations for ACA Reporting

Beginning in 2015, the Affordable Care Act (ACA) will require employers to report information to the Internal Revenue Service (IRS) as well as their own employees on the health coverage they offer. Recently, final regulations were released on the reporting that aims to streamline the process and provide a simplified option for employers. Additionally, rules were released to provide reporting guidance for insurers and other parties that provide …Read More

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Benefits Education Pays Off

As healthcare costs rise, employers have continued to shift a growing percentage of the cost of health benefits to employees. And, as workers shoulder more of their medical costs, they will need to better understand the health benefits they are offered at work and how to effectively use them.
Cost-Shifting Increases Employee Costs and the Need for Education
Workers are contributing almost twice as much today toward the amount of their employee …Read More

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Dos and Don’ts When Linking Premiums to Wellness

Spurred along by large-scale health care reforms, wellness incentive programs have grown significantly in popularity over the past several years. Rising premiums and mandated extension of coverage has led employers to pursue cost savings through proactive talent management with health-based incentives. According to the Society for Human Resources Management, spending on wellness incentive programs has doubled over the past four years. …Read More

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Developing a Health and Wellness Program

A company health and wellness program refers to activities or initiatives undertaken within the workplace that are designed to support your employees’ general health and well-being. Programs will often differ from business to business in terms of the range of initiatives offered.
Here are some simple initiatives to consider include:

Providing filtered water.
Having your air-conditioning and heating systems checked and maintained on a regular …Read More

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Do You Even Need a Vacation Policy?

A small but growing number of companies have done away with “fixed-number-of-days” vacation policies, instead giving employees–with the approval of their managers–the freedom to decide when and for how long to take time off. These companies have, in essence, an “unlimited” paid time off (PTO) policy. Of course, this lack of a vacation policy is, in fact, a policy of sorts.
These unlimited policies aren’t common; only one percent of …Read More

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