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HR News February 2019

HR Legal Issues/Updates: 14, 2018: The U.S. District Court in the Northern District of Texas declared that the individual mandate of the Affordable Care Act (ACA) is unconstitutional and that the rest of the ACA is unconstitutional, as well. Although this was an interesting order by the Court, at this point in time, the status …

Anti-Sex Trafficking Video

A free 20-minute video is now available for employers to provide employee training on stopping and preventing human trafficking. BEST (Businesses Ending Slavery &Trafficking) in Seattle produced the video, which informs employers of the threats against a company posed by human trafficking. It also provides employees with tools to help them take action if they …

We are pleased to release to you the new 2019 Annual Tax Benefit levels.  Call us if we can be of assistance in leveraging any of these tax efficient tools and strategies to your organization’s benefit. This rate chart can also be downloaded and printed from our web site.  …

employee benefit advisor rising star

Employee Benefit Advisor (EBA) has selected Nick Hendricks as a 2019 Rising Star. Nick is one of only 20 consultants selected nationwide. He represents a new generation of leaders focused on reengineering a broken healthcare system. Nick joined TBC in 2013 with an attraction to the firm’s passion for helping companies and their employees prosper.  …

New Years Resolution for Benefits

With the beginning of each New Year, many individuals contemplate a set of New Year’s resolutions. Webster’s Dictionary defines a resolution as a firm commitment to do or not to do something. In what ways can employers develop resolutions for employees and their benefits package?  To identify what I believe is a priority in this …

Reference Based Pricing
It’s no secret that health insurance premiums have been steadily rising for many years. For employers, this means an ongoing search for ways to save money while continuing to offer quality benefits for employees. One innovative concept for self-funded employers that is rapidly growing in popularity is Reference Based Pricing, or “RBP”. RBP strategies have the potential to save significant amounts of money for both employers and employees. However, they also require special care to ensure success for both parties. Let’s take a look at how these plans work, as well as some of the pros and cons for employers considering this strategy.
Challenge to ACA Constitutionality

Question: What is the current status of the court case that is challenging the ACA’s constitutionality? Short Answer:  At this time, the case’s current status does not impact employers’ group health plans (e.g., it’s business as usual). However, employers should stay informed for the final decision in this case. Some states have already announced they will challenge this …

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