Overview: Health care benefits are an important part of the overall compensation package and employee benefit program that employers use to attract and retain workers. Employees value health care benefits because they soften the financial impact of a catastrophic, unanticipated illness or injury.
Employees are typically provided an opportunity to participate in the employer's group health plan. Eligibility for participation may depend on a number of factors including working for a required period of time and/or an individual's employment status (e.g., full time or part time).
Most health care benefit packages include medical and prescription drug coverage, but many employers offer more comprehensive packages that include dental and vision benefits as well. Basic health insurance covers costs related to hospital care, including hospitalization, inpatient surgery and doctor fees related to the hospitalization.
Trends: The requirements of the Affordable Care Act pose some real challenges for HR professionals, and its requirements have a significant impact on how both employers and employees view health care benefits.
Author: Tracy Morley, SPHR, Legal Editor
An employer may use this letter as a template to create an official termination letter for an exiting employee to memorialize the end of the employment relationship. This letter should only be sent to an exiting employee when a final, official decision to terminate the employee has been made.
California employers seeking to communicate to employees who is eligible to participate, whether and to what extent coverage may extend to spouses and other family members, and when benefit selections should be made should consider including this model policy statement in their handbook.
Final rules were released that amend the definition of excepted benefits under the Health Insurance Portability and Accountability Act (HIPAA) to include certain types of limited wraparound coverage.
In-depth review of the spectrum of Vermont employment law requirements HR must follow with respect to health care benefits.
The Supreme Court recently heard arguments in a case that could decide the future of the Affordable Care Act. XpertHR takes you inside the courtroom for a unique perspective on this hotly-debated issue in King v. Burwell.
The vast majority of employers are neither reducing the number of employees nor reducing the number of hours employees work as a result of the Affordable Care Act, according to a new survey released today by the Society for Human Resource Management (SHRM).
The Supreme Court has set April 28 as the date it will hear arguments that could decide the fate of same-sex marriage nationwide. The Court will hear four consolidated cases in Obergefell v. Hodges involving same-sex marriage bans in Michigan, Ohio, Kentucky and Tennessee.
In-depth review of the spectrum of Nebraska employment law requirements HR must follow with respect to health care benefits.
In-depth review of the spectrum of Alabama employment law requirements HR must follow with respect to health care benefits
The Supreme Court heard arguments on March 4 in a hotly-debated Affordable Care Act case which affects the future of the 2010 health care law. At stake in King v. Burwell is whether Congress intended nationwide tax credits when it passed the ACA, or whether tax subsidies were only meant for purchases on a state-run exchange established by a state.
HR guidance on understanding the value of health care benefits.