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Happy 2023! Get educated with our top 2022 blog posts

WEX Inc.

To kick off another year of providing you with the employee benefits tips and information you need, we wanted to look back at your favorite blog posts from the last year. Here are our top 10 blog posts from 2022: Your HSA when you change jobs Were you among the 20% of workers expected to quit their jobs in 2022?

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The Affordable Care Act (ACA) code cheat sheet you need

WEX Inc.

The IRS has created two sets of Affordable Care Act (ACA) codes to provide employers with a consistent way to describe their medical benefit offerings to their employees. Important Note Regarding Affordability: References to affordability relate to affordability at the employee-only coverage level.

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Little by little, we can reduce workplace stress

Employee Benefits

The Health and Safety at Work Act 1974 puts a ‘duty of care’ on employers to protect their employees from the risk of stress at work (ACAS). Chronic Stress: At this point, stress is unmanageable, behaviour can turn aggressive, and self-care may be lacking. Why wouldn’t you want to reduce stress?

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Staying ACA Compliant in 2024

PeopleStrategy

Changes are coming to the Affordable Care Act (ACA) in 2024, and HR departments need to take note of them now. With this review and planning, your company will be compliant and adhere not only to the ACA’s pay or play rules going forward, but be able to file correctly and avoid penalties.

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QSEHRAs and what they mean for your small business

WEX Inc.

What is a QSEHRA? What are the challenges small businesses face with benefits? What employers are eligible to offer one? Not be subject to Affordable Care Act coverage requirements. What expenses are eligible? Small businesses are considered the “United States’ economic engine.”

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2022 Health Insurance Outlook, Changes

InterWest Insurance Services

In addition, new rulemaking is likely to be introduced in 2022 that will affect health plans, including non-discrimination rules for wellness plans and new rules governing what must be included on insurance plan ID cards. Here’s a list of what to expect in 2022. Allowing for a higher FSA carryover amount than the typical $500.

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Employers ‘Unwavering’ in Providing Group Health Benefits: Research

InterWest Insurance Services

The poll of 26 health benefits decision-makers at large firms, carried out by The Commonwealth Fund and the Employee Benefits Research Institute (EBRI), found that despite rising premium and health care costs, they felt obligated to offer health insurance instead of shunting employees to exchanges. “We liked to have control.