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Compliance Recap July 2023 | JRW Associates, Inc., a Raleigh Benefit Advisory

PROPOSED CHANGES TO SHORT-TERM, LIMITED-DURATION INSURANCE On July 7, 2023, the U.S. Department of Health and Human Services (HHS), the Department of Labor (DOL), and the Department of the Treasury proposed changes to modify the definition of short-term, limited-duration insurance (STLDI) and the conditions for fixed indemnity insurance to be considered an excepted benefit. The … Continued

Employee Disengagement – Loud Quitting Has Arrived | JRW Associates, Inc., a Raleigh Benefit Advisory

Gallup recently sounded the alarm on the employee engagement crisis. A survey revealed that nearly 60% of 120,000 of the world’s workers are quiet quitting or not engaging, and 18% are actively disengaged, which Gallup labeled as loud quitting. This is a surprise to the public, but Human Resources professionals saw this coming. In the State of HR survey, … Continued

Trending Topics: Fertility Benefits | JRW Associates, Inc., a Raleigh Benefit Advisory

Did you know that in 2017 the American Medical Association and the World Health Organization recognized infertility as a disease? Approximately 17.5% – roughly one in six couples– are affected by infertility in the U.S. As societal norms and employee expectations continue to evolve, companies are recognizing the importance of offering comprehensive benefits packages that … Continued

Compliance Recap – June 2023 | JRW Associates, Inc., a Raleigh Benefit Advisory

PCORI FEE DUE DATE APPROACHES Employers offering self-funded medical plans, including health reimbursement arrangements (HRAs) must report and pay fees to the Patient-Centered Outcomes Research Institute (PCORI) by July 31. If the plan was fully insured, employers can rely on their insurance carriers to handle the fee payment. The current annual fees are: For plan years … Continued

Financial Safety Nets – Don’t Let Your Employees Slip Through the Cracks! | JRW Associates, Inc., a Raleigh Benefit Advisory

In the wake of the Great Depression and WWII, employers started to add benefits packages.  Healthcare had fallen by the wayside for families working to access the basic necessities of life.  The idea was to support the employee’s personal needs while keeping and attracting the best talents in the workforce. This trend of offering benefits … Continued

12 Ways HR Can Calm Fears about ChatGPT and AI Replacing Humans | JRW Associates, Inc., a Raleigh Benefit Advisory

Artificial intelligence (AI) is creating a swirling sense of anxiety, depression, excitement, and joy all at once. Many people want to use AI to make their work easier, to become more efficient. However, they are also fearful that the robots may replace them. Human Resources professionals have an obligation to prepare the workforce for a future in … Continued

ADP Survey Reveals What Employees Really Want from Work | JRW Associates, Inc., a Raleigh Benefit Advisory

Workers want higher pay, more flexibility, and support from employers, according to ADP’s People at Work 2023 survey. HR professionals can compare the results with their own responses in the most recent HR Exchange Network State of HR report. Specifically, more than 40% of employees said they are underpaid. The most satisfied employees were those with a hybrid schedule, … Continued

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