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Relax! Vacations are Good for Your Health | Chicago Employee Benefits Agency

American workers are notorious for being workaholics. In fact, The Center for Economic and Policy Research has gone so far as to call the U.S. the “No Vacation Nation.”  Deciding you need a vacation may feel indulgent but in reality, it is a crucial key to our overall health. Why do you need to take … Continued

PCORI fees are due by Monday, August 1, 2022 | IL Employee Benefits Advisors

By way of background, the Affordable Care Act (ACA) created the Patient-Centered Outcomes Research Institute (PCORI) to study clinical effectiveness and health outcomes. To finance the Institute’s work, a small annual fee—commonly called the PCORI fee—is charged on group health plans. Grandfathered health plans are not exempt. Most employers do not have to take any … Continued

What Employees Want: On-Demand Pay | Chicago Employee Benefits

Payroll works the same way in almost every full-time job.  Employees earn money by working, and they all receive their earnings on a set date: payday.  However, in an era of same-day shipping, on-demand movies, and unlimited mobile access, individuals are increasingly expecting prompt access to nearly anything they need. For employees, this also means … Continued

Can HR Capitalize on Resignation Remorse? | Chicago Employee Benefits Firm

The Great Resignation has paved the way for resignation remorse, according to a number of publications. In fact, 72% of the 2,500 U.S. workers surveyed by The Muse said their new role or company was very different from what they had been led to believe. For HR leaders still dealing with a labor shortage or … Continued

Benefits Education 101 for Employees | Chicago Employee Benefits Advisors

Companies spend a large amount of time and money creating valuable benefits plans for employees.  But after all that work, they often get low participation.  Good benefit choices require an effort from employers to ensure that employees have help in understanding their benefits options.  To make things even more complex, employers are having to consider … Continued

What Employers Should Know About Corporate Social Responsibility | IL Employee Benefits Consultants

All organizations impact society in a variety of ways. This influence could be through their core products or services, how they conduct business or even a combination of both. Corporate social responsibility (CSR) generally refers to an organization’s impact and how it approaches accountability for its actions. CSR compasses internal and external business activities, but … Continued

5 Tips to Save Money on Health Care: Part 2 | Chicago Employee Benefits Advisors

Smart spending can keep your health care from costing an arm and a leg.  With costs rising on everything from gas to food, every penny counts. It pays to shop smart – that is why it helps to learn how to take steps to limit your out-of-pocket health care costs. Save Money on Prescriptions Go … Continued

4 Ways Inflation and Higher Costs Impact HR | IL Employee Benefits Group

U.S. President Joe Biden recently laid out his plans to combat inflation and the high cost of living. The average family is spending an additional $327 per month compared to pre-pandemic costs, according to a CNN broadcast May 10. At the time, the national average price of gas was $4.37. While the Federal Reserve can … Continued

Best Practices for Employee Appreciation | Chicago Employee Benefits Agency

As HR leaders work hard to retain talent during a historic labor shortage, they are trying to show employee appreciation. At the HR Exchange Network Employee Engagement and Experience online event, Mary Shelley, Chief People Officer at Tango Card, shared best practices for rewarding employees to inform them of their value to the organization. In the session, 5 … Continued

Transparency Rules Require Plan Sponsors to Act Now Before July 1 Deadline | IL Employee Benefits Advisors

The Departments of Health and Human Services, Labor, and Treasury (the Departments) released Transparency in Coverage (TiC) rules in late 2020 that will require fully insured and self-funded plan sponsors of non-grandfathered group health plans to make important disclosures about in-network and out-of-network rates beginning July 1, 2022. To be ready to meet that deadline, … Continued

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