January 9th, 2018
2018 promises continued advancements in technology to improve and shape the way companies are managing human capital.
At BDR we understand the value of time, and the importance of a competitive benefits package to attract and retain top talent. Technology alone can’t accomplish your goals but it has become a necessity in this complex world of:
... Read More
- Time management
- Data integration and accurancy
December 11th, 2017
The Senate passed its tax bill, which included a repeal of the ACA’s individual mandate. Individuals would no longer be required to pay an annual tax penalty equal to 2.5 percent of their household income or $695, whichever is greater. The measure still has to be reconciled with an earlier House-passed version before being sent to President Trump.
If an employee asks about the penalty, we recommend you decline to answer yes or no until... Read More
November 8th, 2017
As of January 1, 2018 the ACA age band structure will be adjusted to expand the number of single age bands for dependent children in the 0-20 age segment. Additionally, the definition of the 3:1 ratio rule has been adjusted.
This applies to small groups renewing on or after January 1, 2018 with fewer than 100 employees, and larger groups who have chosen to remain on small group contracts. It also applies to individual medical insurance... Read More