News & Insights
As business leaders and government officials cope with surging health care costs, one global think tank is estimating that up to $303 billion can be saved through a healthier workforce should chronic disease prevention efforts in the workplace become the norm. Read more.
Critics of the health care law, including many business owners, have long bemoaned a provision that requires employers to provide health coverage to their workers. Now, some of the law’s supporters are starting to call for the rule’s elimination, too. Read more.
On June 17, the DOL released its proposed regulations relating to Executive Order 13658, which established a minimum wage for federal contractors. The Executive Order – signed by President Obama on February 12 – raises the minimum wage on covered federal contracts from $7.25 to $10.10 per hour, beginning January 1, 2015. Read more.
About 100 construction workers and labor advocates packed the Austin school district’s board room and applauded and cheered after trustees on Monday night narrowly approved paying federal prevailing wages for work on $490 million in voter-approved bond projects and future construction. Read more.
More than 60% of employers plan to offer richer benefits to employees who complete health risk questionnaires or biometric screenings, an Aon Hewitt survey of more than 1,230 employers found. The survey also found 68% of respondents said they intend to adopt reference pricing for certain medical services, 42% said they are considering offering only consumer-directed plans and 72% said they may reduce premium contributions for employees’ dependents. Read more.