Making Sense of Wellness Regulation

A wellness program is any formal or informal program that educates employees about health-related issues, promotes following healthy lifestyles, or encourages employees to make healthier choices. Wellness programs vary greatly and are not always called wellness programs. Some are purely educational and have no financial incentives. Others have financial incentives that may take the form… Continue reading Making Sense of Wellness Regulation

Proposed Form 5500 Changes

The Department of Labor, Internal Revenue Service, and Pension Benefit Guaranty Corporation have issued two significant proposed rules that would substantially change Form 5500 reporting requirements for most employers. These proposals are intended to: Expand and modernize financial reporting Eliminate “obsolete” exemptions Incorporate new reporting requirements for group health plans and health insurance issuers of… Continue reading Proposed Form 5500 Changes