Cash for Benefits, a Cautionary Note

Have you, as an employer, ever thought about giving your employees cash in lieu of benefits?  On one hand it seems kind of fair, why not give cash to en employee who is covered by their spouse’s insurance and relieve yourself from that burden? Read the rest of this entry »

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Changes for Spending Accounts in 2011

Here’s another change as a result of the Patient Protection and Affordable Care Act (PPACA).  This change affects Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA) for 2011.

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Taxes for prescription drug plans

Do you remember the movie Network?  It was a while back, 1976, but I remember seeing it with my best friend, Sharon.  Sharon and I saw a lot of movies back then but this is one of those that really stuck in my memory. In the movie, Peter Finch plays a newsman who has been fired because his ratings are low. Read the rest of this entry »