The Live Well, Work Well newsletter is an employee newsletter produced monthly and covers topics like health, wellness, fitness, nutrition and personal finance. This month’s newsletter highlights prioritizing your emotional well-being during the holidays, healthy recipe makeovers and how walking can lower your risk of chronic disease. Download now
The cost of an average hospital stay has increased by 98% since 2004. According to recent data compiled by online personal finance website ValuePenguin, U.S. workers making $26.22—the national average hourly earnings—must work 504 hours to cover a typical out-of-pocket hospital stay. This News Brief explains further. Download now
Several ACA requirements will be affected by changes that will take effect in 2023, such as increased dollar limits and a decreased affordability percentage. To prepare for 2023, employers should review upcoming requirements and develop a compliance strategy. This Compliance Overview provides an ACA compliance checklist for 2023. Download now

Benefits Buzz Newsletter – November 2022

Posted on November 16, 2022
This month’s Benefits Buzz discusses a new IRS rule that changes the premium tax credit’s affordability rules for family members and new IRS guidance that increases the health FSA limit for 2023 plan years. Download now
At the end of 2020, California voters approved Proposition 24 – known as the California Privacy Rights Act (CPRA). Beginning January 1, 2023 employers covered by the CPRA must be prepared to comply with the law as it pertains to the personal information including but not limited to employees, job applicants and independent contractors. This white paper – published by CalChamber – addresses frequently asked questions about CPRA and offers steps employers can take to

2023 California Employment Laws

Posted on November 4, 2022
The California Legislature finished up its legislative session with a rush of activity ultimately sending hundreds of bills to the governor for signature. Our friends at CalChamber have put together this helpful summary of California Employment Laws effective January 1, 2023. Download now
The Live Well, Work Well newsletter is an employee newsletter produced monthly and covers topics like health, wellness, fitness, nutrition and personal finance. This month’s newsletter highlights how to recession-proof your life, daylight savings time and your health, and American Diabetes Month. Download now

Employee Benefit Plan Limits for 2023

Posted on November 1, 2022
Many employee benefits (such as HSAs, health FSAs and 401(k) plans) are subject to annual dollar limits that are periodically updated for inflation. This Compliance Overview includes a chart of the inflation-adjusted limits for 2023. Due to high rates of inflation, all of these limits will substantially increase for 2023. Download now
To provide a current snapshot of employer-sponsored health benefits, Kaiser Family Foundation (KFF) conducts an annual survey of private and non-federal public employers with three or more workers. This is the twenty-fourth Employer Health Benefits Survey (EHBS) and reflects employer sponsored health benefits in 2022. The survey was fielded from February to July of 2022. The survey included adding an online response option that 43% of respondents used to complete the survey. Download now
The Internal Revenue Service (IRS) created this publication to help determine the correct tax treatment of employee fringe benefits, including using the appropriate withholding and reporting procedures. This publication uses the term “fringe benefit” broadly to refer to all remuneration other than stated pay for which special tax treatment is available. Download now