Wellness programs have increased dramatically over the past five years. According to the Wall Street Journal, roughly 70% of employers now offer some type of wellness program to their employees.
Disclosure, disclosure, disclosure. The United States Department of Labor (DOL) has issued significant recent regulatory guidance over the past twelve months pertaining to disclosure.
If anyone thought that executive compensation might have escaped the reach of the Patient Protection and Affordable Care Act (PPACA), think again. However, relief – albeit temporary – has been granted in the form of postponement of the original compliance date with respect to a new requirement which prohibits insured group health plans from discriminating in favor of highly compensated individuals.
Since our last edition of the Benefits Brief was published, a Special Edition devoted entirely to health care reform, the federal agencies responsible for implementing the Patient Protection and Affordable Care Act (PPACA) have continued to issue guidance to help employers and insurers grappling with difficult compliance issues.