As HR professionals lean in and lead their people through a time of racial reckoning on top of a global pandemic, the urgency for securing funds for Diversity, Equity, & Inclusion (DEI), anti-racist programs, and mental health initiatives is front and center. Yet, this need also c...
Jun 05, 2020
|
Finding Funds For Diversity, Equity, & Inclusion Initiatives
What I’m about to share is probably not what you would expect. In a pandemic year, you could very well get a favorable (or even negative) health plan renewal rate. Especially if you’re a tech employer. Seems incredulous, on the surface, so I’ll dive in and provide some backgroun...
May 28, 2020
|
7 Strategies to Reduce Employer Health Plan Costs—Despite a Pandemic
If you’re contemplating a reduction in force (RIF) to cut your operational costs, it’s critical to avoid this all-too-common mistake. Large vs Small Group Health Plan Costs If the RIF will drop you down from large group to small group health insurance rates, you risk paying signifi...
Apr 29, 2020
|
Before a RIF, factor in small vs large group health plan costs

Unintended Consequences of Employer COBRA Subsidies

Last week, benefits compliance attorney Marilyn Monahan presented a webinar on “COBRA in the time of COVID-19.” And one topic came up that deserves more attention regarding employer COBRA subsidies. Layoffs, unfortunately, have become...

Apr 13, 2020
|

These Carriers are Waiving COVID-19 Treatment Costs

Health insurance carriers are already covering COVID-19 tests, and many are covering telehealth costs associated with COVID-19 screening. These carriers have recently announced they're waiving coronavirus treatment costs. Aetna Waives Coronavi...

Apr 06, 2020
|

SF HCSO Required Employer Reporting

Employer Annual Reporting Canceled! 3/24/20 Update: Pursuant to the Mayor's March 23, 2020 proclamation, the San Francisco Office of Labor Standards Enforcement (OLSE) is canceling the employer requirement to submit the 2019 Annual Reportin...

Mar 24, 2020
|

Leave Laws & COVID-19

Today, I reached out to compliance and benefits attorney, Marilyn Monahan, to ask how COVID-19 might interact with leave laws. I’m sharing what I learned with the broader community. Employers should review their sick leave policies to determ...

Mar 09, 2020
|

10 Things Your Employees Need to Know about Health Plans

While it’s no surprise that the #1 employer benefits challenge is rising healthcare costs, employee benefits education is a strong second. And, the two are related. Not understanding the basics of how a plan works can significantly driv...

Feb 25, 2020
|

The Hazards of Making a Health Plan Exception

Allowing health plan changes outside of open enrollment without a permitted mid-year election change is risky. Doing so may lead to the following: 1. Cancellation of your group health insurance plan, 2. Disqualification of your cafeteria plan, an...

Jan 16, 2020
|