What to do after completing 1095-Cs

Posted by Gretchen Smitson on Wed, Jan 31, 2018 @ 06:01

Steps for employers 

You've gone through the pain of completing your 1094-C and 1095-Cs and the deadline to file and distribute is quickly approaching. What should you do to make sure you deliver the right documents to the proper location?

Here is everything you need to know about staying compliant in your distribution and filing oforms 1094-C and 1095-C:

Read More

Tags: HR, employers, health insurance small employers, hr software, employer digest, employee benefit adviser, tax withholding

New tax withholding tables and deadline released

Posted by Emily Kubis on Fri, Jan 19, 2018 @ 09:01

Employers must implement by Feb. 15

The IRS announced this week the new income tax withholding tables for 2018, reflecting changes made by the GOP’s Tax Cuts and Jobs Act.

Employers should begin using these new tables as soon as possible, but they must be implemented by February 15. Organizations should continue using the 2017 withholding tables until they have implemented the 2018 tables.

There are still seven federal income tax brackets, but the rates have been slightly lowered and income ranges have been adjusted.

Read More

Tags: HR, employers, health insurance small employers, hr software, employer digest, employee benefit adviser, tax withholding

What HR data should I track?

Posted by Emily Kubis on Mon, Jan 08, 2018 @ 07:01

Spot trends with analytics

According to Paycor’s 2017 HR Trendcast, HR leaders are most worried about finding and keeping talent. With unemployment rates at record lows, many organizations are struggling to find the right people.

When thinking about improving your HR strategies in 2018, data-driven decision making can make a big difference in your approach to recruitment and retention. But in order to make those data-driven decisions, you first have to track the right metrics.

Here are five data points to track when it comes to recruitment and retention:

Read More

Tags: HR, employers, health insurance small employers, hr software, employer digest, employee benefit adviser

What you should review after open enrollment

Posted by Emily Kubis on Wed, Dec 20, 2017 @ 07:12

How to determine if you have the right support

Open enrollment can be a stressful time for many organizations, with a lot of moving parts, deadlines, and benefits jargon. When it’s over, most business and HR leaders could be forgiven for wanting to shelve the benefits subject until the next year. But this could be a mistake.

The end of open enrollment is actually the best time to review your broker and benefits strategy. While open enrollment will always include a few glitches, how those issues get resolved is what matters. You should feel supported by your broker, and like you and your employees ended open enrollment understanding your options and satisfied with your elections.

Here are three things to evaluate.

Read More

Tags: health insurance, Online Benefits Administration, employer health benefits, open enrollment, group benefits, healthcare costs, hr software, employer digest, benefits administration, benefits software

Three tips for recruitment and retention

Posted by Emily Kubis on Wed, Dec 06, 2017 @ 10:12

How to find and keep talent

What are HR leaders most concerned about? With unemployment rates at record lows, finding and keeping talent is the biggest concern HR departments face right now.

According to the HR Trendcast published by Paycor, 45 percent of HR leaders are worried about recruiting and retention.

As your organization gears up for 2018, here are three tips for taking your recruitment and retention strategy to the next level in the coming year.

Read More

Tags: HR, employers, health insurance small employers, hr software, employer digest, recruitment, employee benefit adviser, retention

How much do employees spend out-of-pocket?

Posted by Emily Kubis on Wed, Nov 29, 2017 @ 09:11

Consumer spending on the rise

Families spent an average of $714 on out-of-pocket healthcare costs in 2016, a figure which is growing at an annual rate of 4.3 percent.

According to JPMorgan Chase, for every dollar spent on healthcare, families paid 11 cents out-of-pocket and 28 cents after insurance costs, according to a new study by JPMorgan Chase.

Where are consumers paying the most out-of-pocket? The study found average out-of-pocket dental costs are the highest, at $465. Doctor, dental and hospital spending accounted for more than half of all out-of-pocket costs.

The rise in out-of-pocket spending has a significant impact on consumers’ financial well-being. ‘Extraordinary’ medical payments are associated with 9 percent higher credit card debt a year later, the report found. Further, roughly 52 percent of all debts in collection are medical debts.

Read More

Tags: employers, health insurance small employers, hr software, employer digest, employee benefit adviser, out-of-pocket costs

Why a benefits platform makes open enrollment easier

Posted by Emily Kubis on Wed, Aug 02, 2017 @ 07:08

Don't settle for dysfunction  

Open enrollment is coming up quickly, and HR departments everywhere are gearing up for another stressful round of paperwork, deadlines, and of course, never-ending employee support.

Traditionally, open enrollment is inefficient. You know the drill, but let’s review how operationally frustrating this time of year can be. First there are the endless forms for employees to fill out. Then the HR team has to scan or fax the forms to the broker for review.

Whoops, the broker found an error, which he send to you, and now it’s back to the employee for corrections.

Then to payroll, where you’ll be using spreadsheets and forms to find the right amount to be deducted from an employee’s paycheck.

Finally, carriers are alerted through a variety of platforms—mail, faxes, email, web forms—you name it.

But of course, that isn’t the end. Next comes the record maintenance. Each and every time there’s a change, you’re back in the middle of the paperwork.

Read More

Tags: health insurance, Online Benefits Administration, employer health benefits, open enrollment, group benefits, healthcare costs, hr software, employer digest, benefits administration, benefits software

What employers should know about HR software

Posted by Emily Kubis on Wed, May 03, 2017 @ 09:05

Read on, or register for our webinar

The HR software market is expected to grow to a $17+ billion industry by 2019, which can be overwhelming for many employers, particularly those still handling most processes on paper.

Further, many of the tech tools in the market today solve just one or two of HR’s transactional problems instead of the whole ecosystem—applicant tracking, for example, or time and attendance, or PTO.

Read More

Tags: BerniePortal, HR, employers, solutions for employers, health insurance small employers, hr software, employer digest, benefits administration, employee benefit adviser

What does it really mean for HR and benefits to be online?

Posted by Emily Kubis on Wed, Apr 05, 2017 @ 09:04

The importance of integration

Taking your benefits administration and HR processes online can save your organization time and money in reduced errors and improved efficiencies.

At Bernard Health, we often hear from both current and prospective clients that their benefits are already online or web-based. But it isn’t enough to be manually inputting employee data through a carrier’s website—a truly integrated system is capable of far more.

There are varying levels of integration and many misconceptions about what it means to be comprehensively online.

Read More

Tags: Online Benefits Administration, employer health benefits, HR, health insurance small employers, employer health plans, employer, hr software, employer digest, benefits administration

Email Subscription

Most Popular Posts

Latest Posts