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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.  …

HR News January 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 …

Benefits of warming up and cooling down for exercise

OK, you’ve made it to the gym, you’ve donned your sneakers, and you’re ready to go! Or are you? If you’re headed for a workout, whether by yourself or in a group, it’s really important that you arm up before you get into it, and cool down when you’re done. Feel the heat Why warm …

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 …

HR News December 2018

HR Legal Issues/Updates: Expungement of criminal records and employer liability: Effective Dec. 27, 2018, among other things, SC employers must not use expunged information adversely against an employee, and an employer who employs a worker with an expungement must not be subject to any administrative or legal claim (for example, negligent hiring) related to the …

Recipes Reimagined

For most of us, given the choice between a helping of creamy, cheesy, noodle-y casserole, and a plate of raw greens with a splash of lemon juice — we’d go for the casserole hands-down. We know the greens are packed with nutrition and low in calories, but on a cool late-fall day, there’s something about …

HR News November 2018

HR Legal Issues/Updates: DOL intends to issue a Notice of Proposed Rulemaking in March 2019, to determine the appropriate salary level for exemption of executive, administrative and professional employees. The Social Security Administration announced that Social Security and Supplemental Security Income benefits will provide a 8% cost-of-living adjustment in 2019. Charges filed with the EEOC …

Why is it that one company invests more than $2,000 annually per employee in wellness, yet an employer in the same office complex balks at spending $60 for their employees? While the gap between employers offering a wellness program and those who do not is shrinking, we must ask “Why?” As more employers embrace wellness, …