News & Insights
In accordance with 29 C.F.R. Section 4.52, the prevailing health and welfare fringe benefits issued under the McNamara-O’Hara Service Contract Act (SCA) was increased on July 28, 2016. As prescribed by the regulations, the new benefit rate is derived from the latest Bureau of Labor Statistics (BLS) Employment Cost Index (ECI), summary of Employer Cost for Employee Compensation (ECEC). Effective July 28, 2016, the new SCA health and welfare benefit of $4.27 per hour will be posted on the Wage Determinations and on Wage and Hour Division (WHD) websites. Read more.
UnitedHealthcare is rolling out a mobile app to the public designed to aid health care consumers in their efforts to compare medical provider outcomes and the cost of a range of medical procedures and services. The new app, Health4Me, gives non-UnitedHealthcare clients what amounts to a guest pass to use myHealthcare Cost Estimator, described by the company as “a mobile medical price transparency service.” Read more.
The Internal Revenue Service recently released drafts of the forms employers will use to report on health coverage they offer to their employees, unveiling a glimpse of the administrative onus in store for benefit advisers and their employer clients working to comply with the Affordable Care Act. Read more.
President Barack Obama has signed an order prohibiting federal agencies and contractors from discriminating against lesbian, gay, bisexual, and transgender workers. Read more.
Closely held companies that decide to drop insurance coverage of birth control for religious reasons have 60 days to tell their employees after they end the benefits, the Obama administration said recently. Read more.