Why Are Statistics Important in the Health Care Field? | MI Benefit Advisors

Quantitative research guides health care decision makers with statistics–numerical data collected from measurements or observation that describe the characteristics of specific population samples. Descriptive statistics summarize the utility, efficacy and costs of medical goods and services. Increasingly, health care organizations employ statistical analysis to measure their performance outcomes. Hospitals and other large provider service organizations … Continued

IRS Releases Drafts of 2017 Forms 1094 and 1095 | MI Benefit Advisors

The IRS has released drafts of the forms and instructions that employers will use for 2017 reporting under the Affordable Care Act (ACA). It is expected that when the IRS releases final versions, the material will be virtually identical to the drafts.Applicable large employers (ALEs) will use the following:Draft 2017 Form 1094-C (transmittal to IRS).Draft … Continued

Understanding EAP Confidentiality | MI Benefit Advisors

When it comes to Employee Assistance Programs, confidentiality is a concern for both employers and employees. As an employer, it is helpful to understand the terms and processes your EAP uses to keep information confidential and ensure that your employees and your workplace are safe.The Health Insurance Portability and Accountability Act (HIPAA) rules apply to … Continued

Court Orders the EEOC to Reconsider Its Wellness Program Rules | Michigan Benefit Advisors

On August 22, 2017, in AARP v EEOC, a federal court found that regulations allowing employers to offer large incentives under workplace wellness programs were arbitrary. The court did not vacate (nullify) the rules due to concerns about disrupting employers’ existing programs. Instead the court has ordered the responsible agency, the Equal Employment Opportunity Commission … Continued

DOL Guidance for Benefit Plans Impacted by | MI Benefit Advisors

The U.S. Department of Labor has issued compliance guidance for benefit plans, employers and employees, and service providers who are impacted by Hurricane Harvey. The guidance generally provides relief from various ERISA requirements and time limits for entities in the disaster area. This follows the Internal Revenue Service (IRS) announcement extending certain filing dates, including … Continued

The COBRA Payment Process | MI Benefit Advisors

The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) allows qualified beneficiaries who lose health benefits due to a qualifying event to continue group health benefits. The COBRA payment process is subject to various rules in terms of grace periods, notification, premium payment methods, and treatment of insignificant shortfalls.Grace PeriodsThe initial premium payment is due … Continued

What Is the Importance of OSHA in the Workplace? | MI Benefit Advisors

The Occupational Safety and Health Administration, or OSHA, was established in 1970 to encourage employees and employers to decrease workplace hazards. OSHA recommends that both parties cooperatively establish workplace-specific safety standards. The agency also establishes training programs for occupational safety and health personnel. Finally, OSHA oversees research to find new approaches to workplace safety and … Continued