UP TO DATE NEWS FOR WASHINGTON HEALTH

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KEY AREAS OF HR COMPLIANCE FOR COMPANIES ABOUT TO HIT THE 50 EMPLOYEE MARK

Of course, company growth is the goal for any small fledgling business, but there comes a point where you need to make changes in accordance with the growing size of your operation.  As you reach the 50 employee mark, there are a number of regulations you should be discussing with your legal team to ensure […]

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Top 7 HRA Questions and Answers for Employees

Health reimbursement arrangements (HRAs) are becoming extremely popular and common in today’s workforce. HRAs are employer funded and IRS approved benefits that reimburse employees for any out of pocket expenses that are not covered by their insurance plan. This is a great alternative to utilize, which coincides with traditional health benefit plans. Even though the […]

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What is the Cadillac Tax and how it affects Washington Businesses

Description:  Employer-sponsored health benefits whose value exceeds legally specified thresholds will be subject to a 40 percent excise tax, starting in 2022. The so-called Cadillac tax will be levied on insurance companies, but the burden will likely fall on workers. The tax will effectively limit the tax preference for employer-sponsored health insurance. TAX ON HIGH-COST […]

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