by Eric Straus | Nov 6, 2024 | Employee Benefits
Many employee benefit plans are subject to annual dollar limits that are adjusted for inflation by the IRS each year. The following commonly offered employee benefits are subject to these limits in 2025: High deductible health plans (HDHPs) and health savings accounts...
by Eric Straus | Oct 23, 2024 | Employee Benefits
New York State has published paid family leave (PFL) updates for 2025. Both the employee contribution rate and the maximum weekly benefit for the program will increase over the rates for 2024. Employees fully fund New York PFL through payroll deductions, and employers...
by Eric Straus | Oct 12, 2024 | Employee Benefits
The U.S. Department of Labor’s (DOL) Bureau of Labor Statistics (BLS) recently published a report examining employee benefits in the country. The estimates in the report are from the BLS’ National Compensation Survey, which measures costs and trends related to...
by Eric Straus | Sep 30, 2024 | Employee Benefits
Open enrollment provides a fantastic opportunity for organizations to combat turnover — by proving they have gone above and beyond to support their employees with top-tier benefits offerings. Statistics reaffirm that open enrollment is the right time to demonstrate...
by Eric Straus | Sep 6, 2024 | Commercial Insurance, Employee Benefits
The New York State Department of Financial Services (NYDFS) recently approved health insurance rate increases for 2025. The rate increase will be about 12.7 percent for individual plans and 8.4 percent for small group plans. The increase is also dependent on the...
