Benefits Compliance helps explain and summarize the most significant federal laws that govern the design, maintenance and operation of employee benefits plans.
Given the ongoing deterioration of America's health in the areas of obesity, hypertension, abnormal lipids/cholesterol and insulin resistance, promoting employee health management (EHM) is the best long-term solution to containing ever-rising medical costs. Healthy employees and their healthy families are likely to incur lower medical costs and be more productive. EHM incentives have shown to be effective in making a good cost-control strategy even better.
The world of employee benefits is dramatically different today than it was just five years ago -- let alone 15 or 20 years ago. What is not new is the fact that employees need benefits, and companies need employees.
The Family and Medical Leave Act of 1993 (FMLA) has been in place for more than 15 years and is the focal point of many lawsuits. This compliance series book is intended to help total rewards professionals understand the provisions of FMLA, as well as provide insightful and practical information on the effect this legislation has on the workplace.
The second edition includes the National Defense Authorization Act FY2010 revisions to the definitions of "qualifying exigency leave" and "military caregiver leave" -- the two new leave categories established in 2008. In addition, the definition of "serious injury or illness" was modified.
The introduction of consumer-driven health plan (CDHP) options into employer-sponsored benefits plans has become more attractive across organizations. Many companies are finding this option to be a viable choice as part of the total rewards package due to increasing difficulty in offering competitive health plans to employees at affordable premiums while also maintaining good health-care coverage.
Through a compilation of articles, this book showcases numerous options to consider in your benefit plan design to help control employee health care costs. This convenient one-source guide provides new ideas from practitioners in the field on how they are managing the escalating employee health care costs.
The struggle with employer-sponsored benefits plans isn't new. Employees want high levels of coverage without high premiums or co-payments. Employers want costs managed without compromising quality of service. One way to meet all of these goals is to self-insure benefits programs and transfer the risk away from a third party to the organization and its employees.
This book is designed to provide your employees with a roadmap that covers benefits basics with helpful tips, analogies, guidelines and more. It speaks in plain, everyday language to increase their benefits know-how and motivate them to think about their health and financial well-being.