January 18, 2017

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Qualified Small Employer Health Reimbursement Arrangements
-A new, compliant alternative to sponsoring a plan

The name is cumbersome but Qualified Small Employer Health Reimbursement Arrangements (“QSEHRA”) represent a real policy change that could benefit small employers. On December 13, 2016 President Obama signed the 21st Century Cures Act, which contained a number of provisions about cancer research, combating opioid abuse and “other provisions.” The other provision was the creation […]

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January 11, 2017

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Health Care Reform Webinar
- December 16, 2016

If you missed the Health Care Reform Webinar we presented on December 16, 2017, you can view it here. You can also view the slides by clicking here: 12-16-16 HCR Webinar. The webinar covers many topics employers are currently facing, including a post-election update on the future of the ACA, an overview of new wellness […]

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January 9, 2017

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What makes a great workplace?

Human beings are social animals, and work is a social institution. Work can be a place where long-term relationships are formed. So what makes someone stay at their job for a long time?  For a company to be successful and retain employees there needs to be trust between the employee and workplace.  Building trust and […]

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January 5, 2017

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Mid-year Benefit Plan Election Changes: Required or Optional?

Plan elections are typically irrevocable for the entire year. However, HIPAA requires employers to recognize special enrollment rights during the plan year and the Internal Revenue Service (IRS) provides specific instances when an employee may make a midyear election change. Both are commonly called “qualifying events” but employers may confuse which midyear changes are permissive […]

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January 5, 2017

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2016 J.W. Terrill Outreach Giving
- Infographic

2016 was a fantastic year of giving by J.W. Terrill employees. Through Terrill Outreach, our generous employees contributed their time, talent, and money, and touched countless lives in the St. Louis community. We thank them for their encouraging kindness!    

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January 2, 2017

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What Companies Can Do to Increase Cyber Resilience
-MMC's Peter Beshaw Interviewed by Wall Street Journal

As cyberattacks intensify, companies need to prepare for the inevitable, according to Marsh & McLennan’s Executive Vice President and General Counsel Peter Beshar in a recent interview with The Wall Street Journal. In the interview, Peter discusses how businesses are now facing digital threats that affect the physical world — industrial control systems, power systems, […]

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January 2, 2017

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IRS Releases 2017 Standard Mileage Rates

The Internal Revenue Service (IRS) released IR-2016-169 on December 13th providing the 2017 optional standard mileage rates. Beginning on January 1, 2017 the standard rates for the use of a car (also vans, pickups or panel trucks) will be: 53.5 cents per mile for business miles drive; 17 cents per mile for medical or moving […]

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December 14, 2016

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Marsh & McLennan Named #1 Military Friendly Employer in the U.S.

At Marsh & McLennan, we’re proud of our culture of innovation, collaboration and working for the greater good. Veterans share these qualities, which is why we’re committed to hiring and supporting them. And now, our efforts have been recognized by one of the top rankings of veteran employers. We’ve been named the #1 overall Military […]

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December 9, 2016

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Employer “Gifts” Are Probably Taxable Income
-That goes for holiday gifts AND wellness incentives

Want to be a real downer at this year’s office party? Remind your co-workers that the holiday bonus they received – even if in the form of a gift card – is probably taxable income. IRS Code Section 102(c) includes in gross income any gift given from an employer to an employee. Therefore, gifts from […]

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December 6, 2016

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2017 ACA Rates: Key Drivers
- A look at three major factors influencing individual exchange rates in 2017, as reported by the American Academy of Actuaries

Earlier this year, insurance companies filed premium rates for the fourth time under ACA guidelines.  We’ll take a look into three of the main driving factors influencing individual marketplace rates in 2017. UNDERLYING GROWTH IN HEALTH COSTS Medical trend is expected to increase slightly compared to recent years.  The largest contributing factor is a continued […]

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November 30, 2016

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HHS Warns Of Email Phishing Scam

As we wrote about in May, Health and Human Service’s (HHS) Office of Civil Rights (OCR) has stepped up its enforcement of HIPAA. That has been widely reported, and employers have been on the lookout for requests for information from OCR (which may signal that an audit has begun). Unfortunately, email scammers have caught on […]

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November 29, 2016

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Overtime Rule On Hold (For Now)
-Preliminary injunction stops the DOL from enforcing the new regulations

Last week, employers had a lot to be thankful for. On November 18, the IRS gave employers additional time and flexibility to complete their 1094/1095 filing obligations. More significant news came on November 22, when a federal judge issued a preliminary injunction preventing the Department of Labor (DOL) overtime regulations from taking effect on December […]

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