11.01.2018 07.36 CST
Under the proposed regulation, a group of employers could be considered as an “employer” under ERISA if the employers had a “commonality of interest.” This is defined very loosely in the proposed regulation.
A new proposed regulation opens the way to expand association health plans (AHPs). AHPs are plans sponsored by a group of unrelated employers, linked by factors such as a common industry or geography. These AHP plans will be allowed to offer reduced benefits in order to lower the cost of coverage. The stated goal of the proposed regulation is to make it easier for small employers to buy lower cost health insurance.
However, the new plans create risks for employees, employers and insurance markets.
22.04.2017 08.54 CDT
New York state’s new paid family leave act is going into effect soon; time for employers to start thinking about the effects.
Paid Family Leave: Next Benefits Frontier or New Battleground?
Employees in New York will be able to take paid family leave to care for a family member or bond with a new child. This new law is far-reaching and generous. And, it may affect the national debate over paid family leave.
New York State’s new paid family leave law will allow employees to receive up to 67% for 12 weeks to care for a family member or bond with a new child. New York is now the fourth state to implement a paid family. This means all employers need to start paying attention to this issue.