NYS Sick Leave Law Reminder
September 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 MoreNYS Paid Family Leave Rate Increase
September 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 MoreNYS Reduces Premium Rate Requests for 2021
August 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 MorePandemic Sick Leave Pay
July 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 MoreThe Lasting Effects of COVID-19
July 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 More2021 Health Insurance Rate Filing Notices
June 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...
Read MorePCORI Tax Reminder
May 27, 2020
The Patient-Centered Outcomes Research Institute (PCORI) tax is a fee imposed by the Affordable Care Act (ACA) on issuers and plan sponsors of individual and group health plans. Health Reimbursement...
Read MoreReturn to Work Checklist
May 19, 2020
Opening a workplace as we phase out of a quarantine situation is something no one has experienced. Official procedures may be hard to follow but preparing a safe environment for...
Read MoreIRS Updates: Funding Accounts
May 18, 2020
On May 12, 2020, the IRS issued Notice 2020-29 and Notice 2020-33, which provide participants in Medical Flexible Spending Accounts (Medical FSAs), Dependent Care FSAs, Individual Coverage Health Reimbursement Arrangements...
Read MoreCOVID-19: Layoff and Furlough Benefit Implications
April 10, 2020
There is a lot of conflicting information relating to layoffs and furloughs and how they affect employee benefits at a time when legitimate fears about these issues are at an...
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