IRS Announces New Medical Mileage Rate

How Employee Class Flexibility Creates More Targeted Health Benefits In today’s competitive job market, employers need healthcare solutions that balance cost management with attractive benefits. The Individual Coverage Health Reimbursement Arrangement (ICHRA) has emerged as a powerful tool, particularly due to its flexible approach to employee classification. This flexibility allows businesses to create more targeted,...

The Employee Retirement Income Security Act (ERISA) was established in 1974 to protect the interests of employees by regulating employer-sponsored retirement plans, including pension plans, 401(k) plans, and health insurance plans. One of the key components of ERISA is its enforcement mechanisms, which include penalties for non-compliance. These penalties are designed to incentivize employers to...

Welcome to our new series, where we tackle common questions employers have about healthcare benefits. As healthcare options evolve, understanding the different plans available is crucial to making informed decisions for both your business and your employees. With the ever-changing landscape of healthcare, employers are seeking more flexibility, cost control, and innovative solutions to meet...