Employers offer wellness plans for a number of reasons, but the main reasons are often to contain health care costs and to encourage employees to improve their health and prevent … Continued
Cowden President/CEO Elliot Dinkin recently spoke with Employee Benefit News (EBN) about how employers can develop flexible benefit offerings.Read the full article.EBN is the primary media resource that benefit professionals rely … Continued
The Fair Labor Standards Act (FLSA) requires employers to pay non-exempt employees–those employees who make less than the federally issued salary of $455 per week, increasing to $684 per week … Continued
Inside This Issue Cowden News California’s Assembly Bill 5: Disruption of Gig Economy?2020 Comp Trends: One Size Won’t Fit AllCompliance Overview: Key HSA Features – 2020 ComplianceTeam Cowden Participates in Pittsburgh’s … Continued
The Rehabilitation for Multiemployer Pensions Act (known as the Butch Lewis Act) was passed by the House on July 24, 2019 and introduced to the Senate. On November 20, Senators … Continued
On November 8, 2019, the Departments of Labor (DOL) and Health and Human Services (HHS) provided an updated Summary of Benefits and Coverage (SBC) template to be used beginning with … Continued
On October 15, 2019, the United States District Court of the Northern District of Texas issued a ruling that eliminated certain aspects of the Section 1557 nondiscrimination rule under the … Continued
On November 13, 2019, the Internal Revenue Service (IRS) released draft ACA reporting forms and instructions for the 2019 ACA plan year filing. The drafts include forms 1094-B and C … Continued
The American workforce is changing. Within the next two years, studies predict that 50 percent of all employees will be Millennials [1]. The other half of the workforce is a … Continued
The Society of Actuaries (SOA) has released mortality improvement scale MP-2019, an annual update to the scale MP series released since 2014. In addition, the SOA has released a new … Continued