Allen Steinberg : Perspectives

Employee benefit plans—especially retirement and health care—have become an increasingly important part of the employment relationship. For employers, these plans represent an important part of the total compensation package, a tool for retention and recruitment, and a growing financial and compliance burden. For employees, these plans represent a key part of their overall financial security and wellbeing, a financial burden, and a source of complexity and frustration. In effect, it’s complicated. Our firm is dedicated to helping employers manage these complexities and focus on the important things.

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22.06.2017 06.16 CDT

Senate Republicans have released their proposal to repeal and replace the Affordable Care Act. The proposal reflects a number of choices made by the Senators – over which provisions of ACA to repeal, which provisions to retain, and how to delegate more responsibility for controversial actions to individual states.

Senate Releases Health Care Bill

Senate Releases Health Care Bill

The long-awaited Senate health care proposal has arrived.

Senate Republicans have released their proposal to repeal and replace the Affordable Care Act. The bill, named “The Better Care Reconciliation Act,” repeals many provisions of the ACA - especially tax provisions contained in the ACA. The bill also makes significant changes to the non-tax provisions of the ACA. In addition to the changes actually contained in the bill, the BCRA delegates tremendous autonomy to the states to eliminate many other feature of the ACA.

14.06.2017 01.07 CDT

Is the time right for a new, national paid parental leave program?

Paid Family Leave – An Emerging Consensus?

Paid Family Leave – An Emerging Consensus?

New Proposal for Paid Family Leave Program Shows Promise

Is a consensus emerging on a national paid parental leave program?

24.05.2017 07.20 CDT

Workers are choosing to stay in the workforce beyond normal retirement age. This is good news.

Retirement Patterns: Are Workers Outsmarting the Experts?

Retirement Patterns: Are Workers Outsmarting the Experts?

American workers are making progress on improving their retirement picture

An increasing number of workers are choosing to stay in the workforce – many on a part-time basis. In effect, these workers have created their own phased retirement program. This ongoing employment contributes to retirement income adequacy and can be viewed as a key part of solving the challenges posed by past errors (such as low savings and insufficient diversification).

01.05.2017 12.47 CDT

Telemedicine helps reduce health care costs and improve outcomes – and could do more if regulators let it.

Telemedicine: Poised for Takeoff or Frustration?

Telemedicine: Poised for Takeoff or Frustration?

For individuals who cannot travel or live in remote areas, telehealth can provide critical evaluation and condition management support.

Telemedicine - which includes a variety of electronic media to provide medical services and monitor patients with certain chronic conditions – holds much promise for reducing costs and improving outcomes. What are the obstacles to achieving even greater results?

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?

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.