by NYBEST | Aug 12, 2024 | News
Now more than ever, employees are looking to their employers for guidance on navigating their available benefits and how to stretch their dollars further. As such, effective open enrollment communication is critical this year. According to a Willis Towers Watson... by NYBEST | Jul 29, 2024 | News
Fewer employees are confident that they understand how their health care plans work in 2023 than last year, according to the 2023 Healthcare Literacy Report by Optavise. Notably, this confidence is linked to satisfaction; 90% of employees who said they were extremely... by NYBEST | Jul 15, 2024 | News
Health savings accounts (HSAs), health flexible spending accounts (FSAs) and health reimbursement arrangements (HRAs) may provide tax-free reimbursements of certain over-the-counter (OTC) items. OTC items are generally available to consumers without a... by NYBEST | Jul 1, 2024 | News
What is mental health? Your mental well-being includes how you think, act and feel. It also helps you cope with stress, relate to others and make decisions. According to the World Health Organization, there’s not a specific definition of mental well-being. However,... by NYBEST | Jun 17, 2024 | News
The Affordable Care Act (ACA) requires health insurance issuers and self-insured plan sponsors to pay Patient-Centered Outcomes Research Institute fees (PCORI fees). The fees are reported and paid annually using IRS Form 720, the Quarterly Federal Excise Tax... by NYBEST | Jun 10, 2024 | News
The recently enacted New York budget for fiscal year 2024-25 includes provisions mandating paid employee prenatal leave and lactation break time. The provisions have different effective dates in 2024 and 2025. Paid Prenatal Personal Leave The budget amends...