The federal Section 125 “cafeteria plan” regulations permit health plans to reimburse participants for qualifying medical and dependent care expenses on a pre-tax basis through health flexible spending accounts (FSAs) and dependent care assistance plans (DCAPs).
If claims are improperly substantiated, any contributions participants make into these reimbursement accounts can lose their tax-favored status and may instead become subject to taxation as gross income for participants.
In today’s competitive landscape, we’re constantly told there are things we need to cultivate in order to gain success.
While scrolling through social media, we see videos promoting skills we needto learn to get our next raise, get hired, or grow in our careers. We’re trained to compete with one another, stand out, set ourselves apart from our peers, and be successful.
Learning skills and educating ourselves is, quite literally, at the core of professional success. But at what point does this kind of competition get in the way of finding success?
What is it that holds you back? What pushes your employees or peers to burn themselves out? What halts growth and stifles innovation? What keeps cultures from overcoming periods of apathy? Some might point to poor company culture, faulty leadership, or even personal mental health and wellness. But one thing ties them all together—permission.
Moving into 2023, employees want more and are getting more than ever before: with technologies advancing, more jobs being added to the market, and open communication bringing new employee benefit rhetoric. To maintain positive relationships, employers need to leverage their resources to address employee satisfaction and engagement.
MetLife recently published its annual Employee Benefits Trend Study, which offers a wealth of new data to give insight into the current employee experience and how employers can respond to new challenges and trends affecting employees.
We’ll summarize four critical lessons from the 2023 report and outline how employers can use them to help prepare their businesses for the future.
Last Thursday, U.S. District Court Judge Reed O’Connor of the Northern District of Texas issued a final judgmentthat strikes down portions of the Affordable Care Act’s (ACA) preventive care coverage requirement.
Telehealth, or telemedicine, gained traction during the pandemic, but it was around long before that. In fact, the history of telehealth goes back so far that many reading this were probably not alive when it started!
Join Q4intelligence and Jennifer Berman of MZQ Consulting for a webinar on April 25, 2023, with an overview of the latest updates in employee benefits!