In the face of the Patient Protection and Affordable Care Act (PPACA), the most substantial change in decades to the U.S. health care system, many employers are struggling to stay on top of health plan compliance while focusing on attracting and retaining employees, especially as the economy improves. Employee benefits packages that include vision insurance can help employers reach strategic goals, attract and retain employees, control health care costs, and increase productivity.
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Topics:
HR webinars,
employee benefits,
hr consulting,
Strategic Partner,
VSP Vision Care,
vision benefits,
UBA Partnership
Delay, delay, delay … Error, delay, repeal. That seems to be the trend with health care reform, but it doesn’t mean employers are exempt from compliance in 2015 or the requirements that remain in effect for 2014 under the Patient Protection and Affordable Care Act (PPACA).
Under PPACA, employers still have varying degrees of responsibility, based on number of employees, for providing health coverage that is both affordable and offers a minimum standard of coverage.
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Topics:
HR webinars,
health care costs,
health insurance,
health insurance exchanges,
ACA,
employee benefits,
health care reform,
PPACA
A recent article in
Human Resource Executive Online shared a startling statistic:
It takes about 16 years to realize a positive return-on-investment on employer-sponsored wellness programs. That’s a long time, and more importantly makes you wonder why we implement wellness programs at all? According to this article, it’s not so much about the health care dollars you gain back for your business with wellness programs, but more about how these initiatives can transform your company culture for the better.
Here’s a quick article excerpt:
“Edington believes wellness programs can't save enough in healthcare costs to make a difference – ‘maybe $200 to $300, at best’ – but he thinks a wellness program can create shareholder value.
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Topics:
employee engagement,
HR webinars,
wellness,
employee wellness,
UBA,
employee benefits
By Mike Humphrey
Sr. Employee Benefits Advisor
The Wilson Agency, a UBA Partner Firm
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Topics:
HR webinars,
FMLA,
employment law,
UBA,
hr consulting
Most employers are, unfortunately, all-too-familar with the traditional approach to disability management: employees must prove they’re disabled. While this traditional strategy may seem effective to some, research shows that its adversarial nature actually leads to higher costs due to more medical tests needed to demonstrate disability.
Ninety-five percent of disabilities are caused by illnesses, rather than accidents (1) – for this and many other reasons, employers should reevaluate their approach in handling employee absences. This startling statistic shows that illnesses are complex and often involve multiple factors that can, and do, prohibit a quick recovery.
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Topics:
employee engagement,
HR webinars,
employee communication,
disability management,
UBA,
hr consulting,
absence management,
absenteeism
There are some stunning statistics that speak to the fact that most employers are not prepared to handle a disaster. For instance, did you know that only 35 percent of small- to medium-sized businesses have a comprehensive disaster recovery plan*, yet 94 percent of them believe that a disaster could seriously disrupt their business in within the next two years?**
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Topics:
HR webinars,
disaster preparedness,
UBA,
hr consulting,
HR compliance
Of any industry, the public sector must find a way to simultaneously keep employee health care costs low, yet attractive enough to recruit and retain the best public service talent. However, with exponentially increasing health insurance premiums, this is a daunting task.
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Topics:
HR webinars,
health care costs,
employee benefits,
hr consulting,
health care