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Congress missed the September 30 deadline to continue funding the Children’s Health Insurance Program (CHIP). This means federal funding for this program will expire by the end of October. This could cause strain on state level budgets nationwide, because once CHIP funds run out, states will struggle to continue this important program. 
Tuesday, 31 October 2017 06:56

How do Your Benefits Stack Up?

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The Kaiser Family Foundation has released their 2017 Annual National Employer Benefits Survey.  This survey compares employer-sponsored health benefits for private and nonfederal employers with three or more workers.  
 
Do you know how your current plans stack up to the competition?  Fall River uses this Kaiser survey and other local data to offer complimentary benchmarking consultations to ensure your specific benefits and contributions are attracting/retaining the top talent in your field. To sign up for a benchmarking session, existing clients can contact their Client Manager, and others can click here to get started.  
Typically when we think of employer wellness programs, we think of things like biometric screenings and health risk assessments.  But recent research shows that financial worries are a top stressor in many Americans’ lives.  
 
At first glance, the financial problems of the workforce may seem of a personal nature and not a corporate one.  Employers might be wary of legal issues and privacy concerns.  However there is a compelling argument for employers to include financial health in their wellness programs:  employee financial woes are costing companies money. 
Tuesday, 26 September 2017 18:59

HRIS Technology: To Digital Infinity and Beyond

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Habits are hard to kick and people are hesitant to change, but it’s no secret that HR functions are leaving the paper-based world and moving digital.  Digital signatures, cloud computing and online benefits platforms are areas we are seeing most HR professionals gravitating towards.  The major reasons we are seeing this transition from manual to digital processes is for increased efficiency, employee engagement, and bottom line cost savings.  
Monday, 18 September 2017 18:51

Mandatory Compliance Notice Due October 15th

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Do you know if your employer prescription benefits are creditable when compared Medicare Part D benefits? Are you informing your plan participants of the plan’s status on an annual basis? 
 
The Medicare Part D Notice is just one of the many compliance responsibilities to which most employer health plans are subject. 
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