iSolved provides guidance on which employees are ineligible to participate in a cafeteria plan, health/dependent/ care FSA or a health reimbursement arrangement (HRA).
COBRA administration is complex, and an increasing number of employers outsource this important task. What should they look for in a COBRA administrator?
Today, employers are faced with health insurance costs that are rising much more quickly than inflation or wages. To stem the tide, many employers increase employees’ health plan contributions, deductibles, copayments and out-of-pocket limits. But these changes are unpopular and fail to address the underlying problem—health care utilization. So how does an employer make cosumer-driven health care work for their company?
The Employer Mandate is the Health Care Reform provision that requires all employers with 50 or more full time equivalent employees to offer a certain level of health insurance coverage at an affordable rate to all full time employees or face a penalty.