January 06, 2021
The Consolidated Appropriations (Budget) Act for 2021 signed by the President includes time limited changes in Flexible Spending Account (FSA) administration and participant utilization. These changes are not mandatory, but...
Read MoreNovember 12, 2020
If you’ve been watching the news (and let’s face it, you have) you can’t miss the fact that COVID-19 infections and hospitalizations are increasing not just locally but around the...
Read MoreOctober 30, 2020
When we think about Open Enrollment most envision a company’s employees gathering in one room, listening to a consultant or Human Resource Manager run through the options and costs, and...
Read MoreOctober 28, 2020
The IRS has released both the Health Savings Account (HSA) limits and the Flexible Spending Account (FSA) limits for 2021. These were distributed in Revenue procedures 2020-32 and 2020-45, respectively. ...
Read MoreSeptember 02, 2020
News outlets throughout New York State have been reporting on the implementation of the Paid Sick Leave law that was created in a three-way agreement with the Governor and New...
Read MoreSeptember 02, 2020
The New York State Department of Financial Services has released the 2021 Paid Family Leave premium amount, which is more than double last year’s rate. Moreover, the rate is now...
Read MoreAugust 28, 2020
The New York State Department of Financial Services (DFS) recently posted a press release, “DFS ANNOUNCES 2021 HEALTH INSURANCE PREMIUM RATES, PROTECTING CONSUMERS DURING COVID-19 PANDEMIC,” in which it makes...
Read MoreJuly 08, 2020
The steady increase in COVID-19 infection in many states prompted Governor Cuomo to mandate quarantine for individuals who have visited and returned from those states. Employers are encouraged to understand...
Read MoreJuly 01, 2020
What does the Magic 8-Ball say? “Cannot Predict Now” Once we get past the COVID-19 pandemic medical claims and projections for the coming years are not going to be easy...
Read MoreJune 12, 2020
Health Insurance companies in New York State have filed their requested rate increase for 2021. Employers with fewer than 100 employees (Community Rated) will be receiving notices of the requested...
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