What Is Stop-Loss Insurance? Self-Funded Health Plans Explained
Author: Bill Capece, Director of Business Development For employers considering a self-funded health plan, one of the most important concepts to understand is stop-loss insurance. Self-funding can give employers greater control over healthcare costs, access to claims data, and flexibility in plan design. But it also means the employer takes on responsibility for paying covered […]
When Should a Small Business Hire an HR Manager?
Learn when a small business should hire an HR manager and how growing teams can manage employee needs, HR responsibilities, benefits, and compliance.
What Benefits Must New Jersey Employers Include in Job Postings?
Quick Answer: New Jersey’s pay transparency law requires covered employers to include a general description of benefits and other eligible compensation programs in advertised new-job and transfer opportunities. The law does not require employers to offer a fixed list of benefits. NJDOL’s currently proposed, non-binding rules identify health, life and disability insurance, paid time off, […]
Which Employers Must Offer New Jersey Pre-Tax Commuter Benefits?
Quick Answer: New Jersey pre-tax commuter benefits generally must be offered by employers with at least 20 employees for each working day during at least 20 calendar workweeks in the current or immediately preceding calendar year. Employees working outside New Jersey can count toward the 20-employee employer threshold. Covered employers must give eligible employees the […]
How Data Analytics Is Changing Employee Benefits Strategy for Growing Businesses
Jennifer Schaefer, MBA, ChFC, CLU, RHU, REBC, SHRM-SCP Founder & CEO, JS Benefits Group | Forbes Business Council Contributor | Co-Host, Executive Leaders Radio For years, employee benefits decisions were often made using the same basic information: last year’s renewal rate, the carrier’s proposal, and what similar employers appeared to be offering. That approach […]
Employer Health Insurance Contributions: How Much Should Bucks County Employers Pay?
There is no single employer health insurance contribution that works for every Bucks County business. Start by making employee-only coverage reasonably affordable, then decide how much to contribute toward spouse and family coverage based on budget, employee wages, enrollment, and hiring needs. For 2026 plan years, applicable large employers should also review the 9.96% ACA […]
Are PBM Prescription Drug Costs Rising for Bucks County Employers?
If PBM prescription drug costs are rising, start by comparing pharmacy spending with prescription use. If employees are filling about the same number of prescriptions but the plan is paying more, review specialty drug costs, rebates, PBM fees, spread pricing, and the plan’s net pharmacy cost. A large increase without a similar increase in prescription […]
Does My Pennsylvania Company Need an ERISA Wrap Document and Summary Plan Description?
If your Pennsylvania company offers employee benefits covered by ERISA, you generally need proper written plan documentation and a Summary Plan Description, or SPD. A document specifically called an ERISA wrap document is not required by name, but employers often use one when insurance carrier materials do not contain all the employer-specific information needed for […]
Making Employee Benefits Easier to Understand and Use
Learn how businesses can make employee benefits easier to understand, access, and use while improving employee satisfaction and engagement.
Why Growing Teams in Bucks County Need HR Systems Before They Need More Staff
HR Consulting Bucks County helps growing businesses improve hiring, onboarding, compliance, and employee management before adding new staff.
