Human Capital Management Blog

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Barry McNamara

By: Barry McNamara

August 3rd, 2016

The Affordable Care Act at Six…and Counting

Obamacare | Obamacare Reporting | Affordable Care Act

While the results of this fall's national elections might re-shape the debate around the Affordable Care Act (the ACA), substantive change, if any, won't occur until at least mid-2017. In the interim, employers must remain mindful of the impact that the ACA's various coverage, cost and compliance requirements have on their employee benefit offerings.

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By: Barry McNamara

August 27th, 2015

The Potential ACA Ramifications of Changing Your Plan Start Date

Healthcare | Affordable Care Act | Pay or Play

Who doesn’t want to reduce their healthcare costs? With forecasted 2016 premium hikes across the country ranging from 7%-40%, employers are scrambling for opportunities to avoid, or at best delay, the tidal wave of rising healthcare costs. Some HMOs and health insurance companies have recently been encouraging employers in the 51-100 employee range to renew their coverage early (i.e., in late 2015). That would allow these employers to forestall their ACA-required re-classification as a “small group” by up to 11 months, delaying their move to small group, community rated products -- which are generally not as customizable as, and more expensive than, plans available to 100+ life groups. Before opportunistic employers go changing their coverage’s plan year, there are a few legal concerns to consider.  

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By: Barry McNamara

May 22nd, 2015

What is Telemedicine, and is it Right for Our Organization? (Part 2)

Healthcare

Driven by the convergence of ever-improving technology, healthcare cost drivers, consumer preference and provider/patient convenience, telemedicine is booming business. Some readers of this post may have been early adopters. Others may be wondering…Exactly what is telemedicine? How does it work? What are the opportunities for -- and the obstacles to – adoption for our employee benefit program?

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By: Barry McNamara

May 15th, 2015

What is Telemedicine, and is it Right for Our Organization? (Part 1)

Healthcare

Driven by the convergence of ever-improving technology, healthcare cost drivers, consumer preference and provider/patient convenience, telemedicine is a booming business. Some readers of this post may have been early adopters. Others may be wondering…Exactly what is it? How does it work? What are the opportunities for -- and the obstacles to – adoption for our employee benefit program?

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3 Most Common Mistake Employers Make When Offering Benefits

Mistakes are expensive, especially when building benefit plans.

We've outlined the 3 most common mistakes employers make when offering benefits in a quick ebook. Get your copy free when you subscribe to our blog.

By: Barry McNamara

April 10th, 2015

Are You Ready for the Affordable Care Act’s “Cadillac Tax”?

Compliance & Auditing

Beginning in 2018, the Affordable Care Act (ACA) will impose a 40% excise tax on high cost employer-sponsored group health benefits. The “Cadillac Tax” will apply to the excess benefit[1] on all fully-insured and self-insured applicable employer-sponsored coverages.[2]  In this blog we will be covering how "Cadillac Tax" penalties work, and offer insight into what employers need to do to prepare for "Cadillac Tax" compliance in the coming months/years.

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By: Barry McNamara

March 3rd, 2015

How Collective Bargaining Contracts May Change And What To Do About It

Workforce Management

The Supreme Court's decision to push M&G Polymers USA, LLC v. Tackett back to the Sixth Circuit Court of Appeals has implications for how employers should approach collective bargaining in the future. For a quick update on the case, and considerations on how it could impact your business, disctrict, or municipality, we've compiled the following post.

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By: Barry McNamara

February 3rd, 2015

How Obamacare Will Impact Your Individual Tax Return

Compliance & Auditing

For hundreds of millions of Americans, it’s that “fun” time again – the IRS tax preparation and filing period! A process that is already complex, confusing and challenging adds another whole level of agita for the 2014 tax year: the impact of the Affordable Care Act (aka “the ACA” or “Obamacare”) on your tax preparation/filing, and – perhaps -- on your tax liability as well.

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Before you leave...

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Mistakes are expensive, especially when building benefit plans.

We've outlined the 3 most common mistakes employers make when offering benefits in a quick ebook. Get your copy free when you subscribe to our blog.

Before you leave...

Mistakes are expensive, especially when building benefit plans.

We've outlined the 3 most common mistakes employers make when offering benefits in a quick ebook. Get your copy free when you subscribe to our blog.