How Retirement and Medicare Impact COBRA Eligibility

Male doctor giving a prescription to his senior patient at the medical office

For private-sector employers who offer group health insurance plans and have 20 or more employees, the Consolidated Omnibus Budget Reconciliation Act (COBRA) requires that continuing medical care benefits be made available to former employees who...

Read More

Employment-Related Medical Exams and Inquiries Present Compliance Quagmire for Employers

Doctor taking blood pressure of female patient at office-1

Employers use all manner of pre-employment tests to make sure applicants qualify for open positions. But when it comes to medical screenings and inquiries, companies must navigate a compliance quagmire to avoid discriminatory behavior that could...

Read More

No Smoke Screens: Prescreening Helps Ensure Good Hires

Business people waiting to be called into interview at the office-1

With national unemployment rates hovering at 4 percent or below for many months – and Kansas and Missouri rates coming in even lower – employers in many industries face severe worker shortages. The tight labor market underscores the importance of...

Read More

Recruiting Biases: How to Avoid Blind Spots and Make Smart Hiring Decisions

Business people shaking hands during job recruitment meeting in office

It’s difficult to calculate exactly how much a bad hire costs a company, but experts estimate it’s anywhere from tens of thousands of dollars to as much as a quarter of a million dollars, considering all recruiting and onboarding expenses. If a...

Read More

ACA Employer Penalties: IRS Letter 226J

Colleagues reading documents in an office-1

Under the Affordable Care Act, “employer shared responsibility provisions” became part of the Internal Revenue Code in 2015. These directives encourage “applicable large employers” (ALEs) – generally those with 50 or more full-time equivalent...

Read More

Is Your Company’s Health Insurance Affordable? If Not, ACA Penalties May Await You

Manager with sales team meeting in office

A key objective of the Affordable Care Act is to ensure every American can afford health insurance. Based on ACA guidelines, a plan in 2019 is deemed affordable if the lowest-cost, self-only coverage option (not including insurance for a spouse...

Read More

Self-Funded Insurance May Cost More Than It Saves: Risk ACA Non-Compliance Penalties Can Add Up

Portrait of confident happy group of doctors standing at the medical office

Health insurance costs have consistently and noticeably increased every year since the Affordable Care Act (ACA) became law in 2010. To save money, some smaller companies have turned to self-funded insurance plans – a model more typically...

Read More

IRS Increases 2019 401(k) and IRA Contribution Limits

Relaxed businessman working with a laptop in his office

We have great news for retirement savers who resolved to save as much as possible this calendar year. The Internal Revenue Service (IRS) issued cost of living adjustments for 2019, which increased the contribution limit for certain retirement...

Read More

How to Explain Health Insurance Benefits to Employees

Rear view of a doubtful businessman looking at various question marks drawn on a grey wall

It’s that time of year again, when small business owners across the country are renewing their health benefits plans for 2019 or considering offering them for the first time. It’s common for both employers and employees to feel a little...

Read More

8 Factors Impacting Your Employee Health Care Costs

Group of business people brainstorming together in the meeting room

Rising and unpredictable employee health insurance costs can be a big headache for small business owners.  While you can’t change all the factors built into health insurance costs, but there are choices you can make that can reduce the cost of...

Read More