May 25, 2017

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CBO: AHCA Would Reduce Deficit But Increase Uninsured

The Congressional Budget Office (CBO) released its assessment of the American Health Care Act (AHCA), which was passed by the House of Representatives on May 4. The CBO summarized its report by noting that the AHCA “would reduce federal deficits by $119 billion over the coming decade and increase the number of people who are […]

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May 11, 2017

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The AHCA Goes to the Senate

The House of Representatives passed the American Health Care Act (AHCA) last week. The AHCA was originally introduced in March, but underwent several amendments before the May 4, 2017 House vote. It passed the House despite not having a Congressional Budget Office (CBO) score or a single Democrat vote in favor of it. Public debate […]

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May 4, 2017

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AHCA Passes the House
- Bill faces uncertain future in the Senate

The American Health Care Act (AHCA) passed the House of Representatives today by a close vote of 217-213. The AHCA was introduced in March and after Republicans cancelled the first vote on the bill, many assumed it was dead. Republicans later added two amendments to the bill to garner additional support. The amendments were named after […]

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May 4, 2017

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St. Louis Minimum Wage Law Takes Effect Tomorrow

St. Louis’ new $10 per hour minimum wage law takes effect tomorrow, May 5, 2017. The City ordinance was originally scheduled to take effect on August 28, 2015 before a lengthy court battle that ended with the Supreme Court of Missouri affirming the City’s authority to issue the ordinance. As Jacob Kirn of the St. Louis Business Journal […]

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May 4, 2017

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Pharmacy Cost Problems?

I’ll let you in on the worst kept secret of the employee benefits landscape: pharmacy costs are rising, and that trend is not going anywhere anytime soon. As a Marsh & McLennan Agency, J.W. Terrill has partnered with Rx Solutions to provide our self-funded clients with a great resource to help manage those mounting costs.  […]

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May 2, 2017

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Construction Safety Update: Crystalline Silica Standard

OSHA has announced that they will delay enforcing the crystalline silica standard on the construction industry. This delay is due to the need of additional training for employers to understand the complexities of the new standard. The original date of enforcement was set to be June 23, 2017, but has now been changed to September […]

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May 1, 2017

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May is Mental Health Month

Depression affects both the physical and mental wellbeing of individuals. Approximately 1 in 10 people will deal with depression at some time in their life according to the CDC. Depression is estimated to cause 200 million lost workdays each year costing employers $17 – $44 billion. Depression in the workplace can show up in employees […]

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April 19, 2017

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Employee Benefit Plan Notices
-ERISA required notices

Employee benefit plans are required to distribute many different notices, at different times, to various recipients. Those notices are required by various laws. We have previously written about the notices required by the Affordable Care Act (ACA), but there is another layer of notices required by the Employee Retirement Income Security Act (ERISA). ERISA applies […]

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April 18, 2017

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Cost Reduction Strategies for the Self-Funded Employer

When evaluating cost savings strategies, employers often find themselves in the cycle of making plan design changes or shifting the cost to their employees. While these tactics may offer savings, they do not deliver the long term results employers are seeking in their efforts to rein in costs. Join us on May 10th to learn […]

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April 3, 2017

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Employee Benefit Plan Notices
-ACA required notices

At times it feels like the Affordable Care Act (ACA) has monopolized our time and energy when it comes to employee benefits compliance. However, it is important to remember that although ERISA and other federal benefits statutes were amended by the ACA, they also contain several other independent obligations. So while we all hold our […]

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March 9, 2017

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Questions to Ask If You’re Considering a HealthCare Sharing Ministry

With the Affordable Care Act (ACA) driving premiums on individual health plans out of reach for many families, we’re getting more inquiries on HealthCare Sharing Ministries. These are programs administered by religious affiliated organizations in which members agree to share healthcare costs, much like the mutual aid societies of earlier generations.  The growing interest in […]

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March 7, 2017

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American Health Care Act
-Congressional Republicans’ ACA Replacement

Republicans have introduced their first bill aimed at fulfilling President Trump’s campaign promise to repeal and replace the Affordable Care Act (“ACA”), also known to many as Obamacare. Before outlining the major provisions of the bill, it’s important to understand that Congress will begin reviewing and debating the bill today and will likely continue doing […]

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