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4 HDHP trends you don't want to miss

WEX Inc.

PPO deductible Nearly two-thirds of large employers provide their employees with the choice of an HDHP and a traditional health plan , such as a preferred provider organization (PPO). Typically, an employee enrolled in a PPO will have higher premiums and a lower deductible than an employee enrolled in an HDHP.

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HDHPs can cover more preventive services

Business Management Daily

Reason: With certain exceptions, HDHPs can’t start reimbursing employees until they meet those high deductibles. The IRS’ guidance became effective July 17, 2019. Notice 2019-45, IRB 2019-32). The minimum annual deductible for an HDHP is $1,400 ($1,350 for 2019). is $6,900 ($6,750 for 2019).

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Penalties take effect for DC Transit Ordinance

Benefit Resource Inc.

But it was only days ago, November 14, 2019 to be exact, that employers became at risk to pay penalties. Any employer who fails to offer at least one of the required transportation benefit options will be subject to civil fines and penalties beginning on November 14, 2019. Explain how to enroll. What do those rules say?

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In The News: Changes to 401Ks Ushered In Under SECURE Act

Abel HR

SECURE) Act of 2019, which was enacted as part of the broader Further Consolidated Appropriations Act (no nifty acronym for that one!), Way back at the end of last year, Trump signed into law a bill that included one of the biggest overhauls to the way we manage retirement planning in the US.

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Threats to Health Care Consumerism & What to Do About Them

AssuredPartners

While many employers now offer consumer-driven plans, uptake by employees isn’t phenomenal with only around a third of eligible employees enrolled in a CDHP.nSo what’s going wrong?nn"},{"attributes":{"bold":true},"insert":"Barriers

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Compliance checklist for HR professionals for year-end and beyond

PeopleStrategy

Assessing open enrollment and employees’ overall involvement in benefit offerings should be a big part of any year-end HR checklist. Obviously you and the providers you select for your benefit offerings need to know how many employees enroll in each plan.

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Buyer Beware: Not All Benefits Technology is Created Equal

Corporate Synergies

For example, if your employees enroll in benefits on paper and you manually enter elections, moving to a tech platform will save time. The Potential Regulatory Minefields of Managing Employee Leave. © 2019 Corporate Synergies Group, LLC. If you want to move to a better benefits technology solution, consider why.