Guidance for Employers on the Zika Virus | Missouri Employee Benefits

Within the past few days, the Centers for Disease Control and Prevention have confirmed the transmission of the Zika virus by mosquitoes to individuals in Miami-Dade and Broward counties in Florida. Before this confirmation, the virus had been spread in the United States only through sexual transmission. The news of the spread of the virus by … Continued

Missouri Employment Law Update | Springfield Employee Benefits

Court Attendance Leave On July 1, 2016, Missouri Governor Jay Nixon signed legislation (S.B. 921) regarding victims of crimes. Among other things, the bill provides that an employer may not discharge or discipline any witness, victim, or member of a victim’s immediate family for honoring a subpoena to testify in a criminal proceeding, attending a … Continued

Health Insurance Industry Terms You Need To Know | Missouri Employee Benefits

With the ever increasing amount of regulations in the Health Insurance industry – the amount of acronyms is rising rapidly.  If you don’t follow the latest news religiously, then you could find yourself M.O. (missing out!).  Even if you are a seasoned “insurance chooser” – some of the more common terminology could be just as … Continued

See Which Employers Are Aggressively Increasing Rx Tiers for Cost Savings | Missouri Employee Benefits

The Latest UBA Survey data shows employers are flocking to two strategies to control rising prescription drug costs: moving to blended copay/coinsurance models vs. copay only, and adding tiers to the prescription drug plans. Almost half (48.9%) of prescription drug plans utilize three tiers (generic, formulary brand, and non-formulary brand), 4.3% retain a two-tier plan, … Continued

Web Therapy: The Doctor Will Skype You Now | Missouri Employee Benefits

Overview When Madison Maroney (name changed for privacy) moved from Boston to Wisconsin, there was one thing the 40-year-old east-coaster couldn’t leave behind: Her weekly therapy sessions. So now, two years later, in her Midwestern home, she pops open her laptop every week, logs on, and via live-streaming video, talks through her highs and lows … Continued

Set New Employees up for Success | Missouri Employee Benefits

A whopping 46% of new hires fail and are let go within 18 months of being hired. The blame doesn’t always fall on employees. In fact, more often than not, it probably points to employers, which means there’s risk of a wrongful termination lawsuit. Check out a few tips to help set up your new … Continued

New Benefits Target Employee Debt | Missouri Employee Benefits

Today, most new full-time hires expect a company to offer certain standard benefits – health, dental, vision, and life insurance, paid vacation and sick days, and a 401(k) or pension. Some companies go beyond this and provide other benefits such as profit sharing, parking reimbursement, mobile phone reimbursement, wellness programs, and even on-site daycare. So … Continued

How Much Life Insurance Do You Really Need? | Missouri Employee Benefits

Some people equate life insurance with tragedy and death. In truth, life insurance is for the living. Without it, the sudden demise of a key breadwinner could leave a family stranded without the resources to maintain their lifestyle—or even retain their home. Not so long ago, professionals recommended that families carry a life insurance policy … Continued

OSHA Penalties Increasing by 78 Percent After August 1, 2016 | Missouri Employee Benefits

Section 701 of the Bipartisan Budget Act of 2015 contains the Federal Civil Penalties Inflation Adjustment Improvements Act of 2015, which requires the Occupational Safety and Health Administration (OSHA) and most other federal agencies to implement inflation-adjusted civil penalty increases. The Inflation Adjustment Act also allows OSHA a one time “catch-up adjustment” to adjust for inflation … Continued