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Employers can recover the amounts that they expend on the ARPA COBRA subsidy by claiming tax credits against the 1.45% employment tax they pay for hospital insurance.
Paige A. Haughton advises corporate and nonprofit clients of Ballard Sparh on employee benefit and executive compensation matters. She assists clients with the design, administration, and governance of retirement, health and welfare plans.Recommended Stories
Financial wellness: Tailoring a program to specific employee needs is key
A highly effective financial wellness program can save a large company well into the millions of dollars based on the easiest costs to measure -- wage garnishments, absenteeism and utilization of FSAs and HSAs.
Claims issues to watch in 2023
Risk factors for the insurance industry are constantly changing and the PC360 team will be monitoring these issues throughout 2023.
SECURE 2.0: Year-by-year breakdown for employers and plan sponsors
Since failure to comply with the regulations pertaining to 401(k) administration can lead to significant financial penalties, business leaders need to familiarize themselves with the new retirement plan rules starting with 2023.
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White Paper
Sponsored by Cue Health
Empowering Employees to Focus on Preventive Health Care in a Post-Pandemic Environment
With health care costs expected to increase 7.5% in 2023, employers are seeking innovative solutions, including accessible diagnostic testing, to address changing employee priorities. Download this white paper and learn how easy-to-access preventive care and testing can be a key factor in detecting health issues while also helping control costs.
eBook
Sponsored by ADP
Help Clients Build a Better Employee Benefits Program to Attract and Retain Talent
Employers are looking for ways to support their employees and provide them with the benefits they need when they need them. Download this eBook and learn how you can help your clients provide a holistic benefits experience that meets those very needs.
eBook
Sponsored by ADP
Build a Better Employee Benefits Program to Attract and Retain Talent
Is your benefits program resonating with current and prospective employees? Assessing your employee benefits is a must in order to attract and retain top talent. Download this eBook and learn about eight considerations to build a better employee benefits program.
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