When the Affordable Care Act (ACA) passed, many people feared that businesses Small Business Health Insurance on the Declinewould choose to stop offering health insurance and pay the penalty instead. As a result, many surveys have been conducted to determine the impact of the ACA on small business health insurance, as well as offerings made by large companies. In July 2016, the Employee Benefit Research Institute revealed findings from its latest study. Continue reading
Having an employee handbook is an essential part of any employee retention Why Do I Need an Employee Handbook for My Small Business?strategy. You may be thinking that there is little time in your day to be worried about writing a handbook, but there are many ways that doing so can save you, both financially and legally. Here are some of the most important reasons your small business needs to have an Employee Handbook. Continue reading
The rejection of a $100 million settlement with drivers comes with plenty of silver linings for Uber Technologies Inc. The gray cloud for the ride-hailing company is that a dozen or so lawsuits that would have been silenced may now roll back in.
A San Francisco federal judge concluded the deal was unfair in large part because it undervalued potential labor code violations under California’s unique bounty-hunter law, known as PAGA. The settlement sought to sweep under the rug lawsuits with potentially billions of dollars in claims under the law, which gives workers the right to step into the shoes of the state labor secretary to bring enforcement actions. Continue reading
Employee retention rates are a common concern for many businesses, whether How to Improve Employee Retention with Tax-Free “Fringe” Benefits they are large or small. But for small businesses, employee retention is imperative because there may only be one person in each role. If an employee jumps ship, who will pick up the slack while the position is vacant? Continue reading
Risk managers are exploring quantification techniques to better understand their cyber risk exposures and how much cyber insurance to buy, as well as other risk mitigation techniques. Continue reading
Like basketball players who are sick of losing a game, many health insurers who ventured into the new marketplaces are sending a clear message: We’re taking our ball and going home. Continue reading
A service provider that issues ID cards for many health care providers says it discovered on July 6 that a server containing member information was accessed beginning May 21.
Albany, New York-based Newkirk Products Inc., said in its statement Friday, however, that no health plan’s systems were accessed or affected in any way, and there is no evidence to date that the data accessed has been used inappropriately. Continue reading
With the fourth open enrollment season for the Affordable Care Act (ACA) coming up, marketplace insurers are doing their best to estimate health insurance costs for 2017. While some projections were more accurate than others, most insurance companies have experienced losses on a large scale since entering the marketplace, leading to discussions of how to raise revenue. Continue reading
