Reporting Minimum Essential Coverage | Illinois Employee Benefits

Minimum essential coverage (MEC) is the type of coverage that an individual must have under the Patient Protection and Affordable Care Act (ACA). Employers that are subject to the ACA’s shared responsibility provisions (often called “play or pay”) must offer MEC coverage that is affordable and provides minimum value. In the fall of 2015 the … Continued

EEOC follows through: Comp data will be required in EEO-1 reports | Illinois Employee Benefits

The Equal Employment Opportunity Commission announced yesterday that it will require employers with 100 or more employees to include compensation data in their annual EEO-1 reports. Employers will be required to provide this information regardless of whether they are federal contractors, as long as they meet the 100-employee threshold. The EEO-1 reporting deadline for 2016 – which … Continued

Finally, a New I-9 | Chicago Benefit Advisors

Since the current version of the Form I-9, Employment Eligibility Verification, expired on March 31, 2016, employers have been awaiting a new, updated form. On August 25, 2016, the federal Office of Management and Budget (OMB) approved a revised Form I-9. Consequently, the U.S. Citizenship and Immigration Services (USCIS) has 90 days to update the form … Continued

Why Care About Diabetes and What You Can Do as an Employer | Chicago Employee Benefits

Diabetes is an expensive disease: $322 billon in America! Costs are compounded because diabetes is the leading cause of heart disease, stroke, kidney disease, lower limb amputation, and blindness, and also has connections with some cancers, arthritis, gum disease and Alzheimer’s disease. To add some perspective, consider these facts: Today, 3,835 Americans will be diagnosed … Continued

Examples of Companies’ Wellness Programs | Chicago Employee Benefits

Companies implement workplace wellness programs to improve the health of workers, increase productivity and decrease the costs related to health care and employee absenteeism. The Centers for Disease Control and Prevention promotes workplace wellness programs as a way to improve the health and quality of life for Americans and reduce the nation’s health-care costs. Workplace … Continued

Educating Employees on Wellness Program Options | Illinois Benefit Advisors

Adopting best practices for wellness program designs are important in successfully investing in a workplace environment focused on well-being. Finding the right partners, tools, and interventions, and creating an incentive design that hits the sweet spot to motivate employees to participate are all essential. Many organizations fall short and wellness programs often stall when employees … Continued

The FLSA Overtime Changes and Their Impact on Employee Benefits | Chicago Benefit Advisors

Most employers should be reviewing payroll budgets and job descriptions to ensure that changes to salaries and job classifications are all in order by the December 1 deadline based on the new overtime exempt salary threshold and other final rule changes to the Fair Labor Standards Act (FLSA). Another area that will be impacted by … Continued

Striving for a Culture Change in Your Wellness Program (Part 2) | Illinois Employee Benefits

Many wellness programs start off with good intentions, offer some education and fun, but even after several years, have failed to meet their original goals or produce real culture change. We recently reviewed the first three steps to a successful, sustainable workplace program. Here we conclude with steps four through six for setting up a … Continued

Striving for a Culture Change in Your Wellness Program (Part 1) | Chicago Employee Benefits

Many of us have seen or heard about the various wellness programs referred to as “participation–based” programs. These participation-only programs continue to be the starting point for many organizations when they enter the world of workplace wellness. Participatory programs typically include a few individual and team-based activities, offer a level of electronic or onsite seminar … Continued

Employer Medicare Part D Notices Are Due Before October 15 | Chicago Benefit Advisors

Are you an employer that offers or provides group health coverage to your workers? Does your health plan cover outpatient prescription drugs — either as a medical claim or through a card system? If so, be sure to distribute your plan’s Medicare Part D notice before October 15. Purpose Medicare began offering “Part D” plans … Continued