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Understanding the Reporting Requirements of the Health Care Law
Posted on: May 18, 2015Categories: HR & ComplianceUnder the Affordable Care Act, any entity that provides minimum essential coverage to individuals must report that coverage to the IRS and give the covered individuals information about the coverage to help them when filing their federal tax return. This requirement affects: Health insurance issuers or carriers, The executive department or agency of agovernmental unit providing coverage under agovernment-sponsored program, Plan sponsors of self-insured group health plancoverage, and Sponso ...
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Lake Murray Triathlon 2015
Posted on: May 15, 2015Categories: HR & ComplianceWhat: Lake Murray Triathlon 2015 When: Sunday, May 24, 2015 Where: Dreher Island State Park-Prosperity, SC Time: 8:00 AM Price: Based Upon Date (visit link below) Showcase your talent against others in the state by participating in the Lake Murray Triathlon. The race is a sprint distance. The first leg of the race is swimming a distance of 750 meters in one continuous counter-clockwise loop. Next, bike the long 16 mile loop course. The roads are primarily smooth, but have a few ro ...
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IRS Q&As on Form W-2 Reporting
Posted on: May 14, 2015Categories: HR & ComplianceThe Affordable Care Act (ACA) added Internal Revenue Code (Code) section 6051(a)(14), which requires employers to report the aggregate cost of employer-sponsored group health plan coverage on their employees’ Forms W-2. This reporting requirement was originally effective for the 2011 tax year. However, the IRS later made reporting optional for 2011. In April 2011, the IRS issued Notice 2011-28, which furthered delayed the Form W-2 reporting requirement for small employers and provided interim ...
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Skin Cancer Detection and Prevention
Posted on: May 13, 2015Categories: HR & ComplianceDid you know that it only takes 15 minutes for the sun to damage your skin but 12 hours for that damage to become visible? Many individuals suffer from hours of skin damage before even realizing that their skin is in danger. The month of May is recognized as Skin Cancer Detection and Prevention Month. As Summer approaches, it is even more important to be aware of how much you are exposing your skin to the sun's UV ...
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Composite Rating for Small Group Employers
Posted on: May 12, 2015Categories: HR & ComplianceComposite rating is the practice of lumping all eligible employees together and assigning a single rating, regardless of individual factors (such as age, gender or tobacco use) that may make somebody a higher or lower insurance risk. The composite premium is calculated by dividing the total group premium by the number of enrollees to arrive at an average enrollee premium amount. Long used in group plan health coverage, the Affordable Care Act (ACA) changed how issuers determine a composite rati ...
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May Benefits Buzz
Posted on: May 11, 2015Categories: HR & ComplianceDid You Know? Telemedicine, which uses technology to facilitate communication between a doctor and patient who are not in the same physical location, is growing in popularity. A recent Towers Watson study indicates that employer interest in telemedicine is increasing, with about 20 percent of U.S. employers offering the option in 2014, with expected increases nearly doubling for 2015. Telemedicine is useful in certain types of cases as a viable alternative to traditional, face-to-face doctor v ...
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2015 Mother’s Day Festival
Posted on: May 8, 2015Categories: News & EventsWhat: 2015 Mother's Day Festival with Fantasia and Keith Sweat When: Sunday, May 10, 2015 Time: 6:00 PM Where: Township Auditorium Address: 1703 Taylor Street, Columbia, SC 29201 The 2015 Mother’s Day Festival will take place at the Township Auditorium where Fantasia and Keith Sweat will be performing. You can buy and sell tickets for May 10th at Township Auditorium in Columbia, SC on StubHub! Click here for more info Source: Col ...
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IRS Releases HSA Limits for 2016
Posted on: May 7, 2015Categories: HR & ComplianceOn May 4, 2015, the Internal Revenue Service (IRS) released Revenue Procedure 2015-30 to announce the inflation-adjusted limits for health savings accounts (HSAs) for calendar year 2016. The IRS announced the following limits for 2016: The maximum HSA contribution limit; The minimum deductible amount for high deductible health plans (HDHPs); and The maximum out-of-pocket expense limit for HDHPs. These limits vary based on whether an individual has self-only or family coverage under an HDHP. ...
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Mediterranean Diet
Posted on: May 6, 2015Categories: LiveWell 24/7The Mediterranean diet is a way of eating based on the traditional foods and drinks of the countries surrounding the Mediterranean Sea. It is more a lifestyle than a diet because it incorporates the importance of meals with friends and family and physical activity in addition to emphasis on specific foods. The nutritional part of the diet emphasizes primarily plant based foods such as fruits and veggies, whole grains, legu ...
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Employee Leave Laws-Overview
Posted on: May 4, 2015Categories: HR & ComplianceEmployers may provide their employees with various types of paid or unpaid leave as part of their overall compensation packages, including vacation time, personal leave and sick leave. Employers have some flexibility when it comes to establishing or negotiating employee leave policies. However, federal laws (for example, the Family and Medical Leave Act, or FMLA) require covered employers to provide employees with leave in certain situations. In addition to federal leave laws, South Carolina ha ...
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Rosewood Crawfish Festival
Posted on: May 1, 2015Categories: News & EventsWhen: May 2nd, 2015 Where: Rosewood Drive, Columbia, SC Time: 11:00 am- 8:00 pm Cost: $10 Advance/ $15 at the Gate 12 and under are free 16 and under must be accompanied by an adult Food: Over 10,000 pounds fresh farm raised Louisiana Crawfish and other Cajun foods including fried alligator tails, chicken sausage jambalaya, assorted Po' Boys and Boudin sausage. In case Cajun food isn't your thing, there will be other food vendors too! ...
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Exercise is Beneficial for Arthritis
Posted on: April 29, 2015Categories: LiveWell 24/7Stiff and painful joints may make the thought of exercise seem overwhelming. In fact, 37% of people with Arthritis don’t get any exercise at all. However, exercise is very beneficial for arthritis patients. Many people think it will aggravate their existing pain; however that is not the case. Even just moderate exercise will help ease pain. This is because the muscles and surrounding tissue provide support for your bones. When there is a lack of exercise, these tissues and ...
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SC Food Truck Festival
Posted on: April 24, 2015Categories: News & EventsThe very first South Carolina Food Truck Festival will be held this Sunday, April 26th from 12 p.m. - 5 p.m. at the State Farmers Market. The festival will include over 20 gourmet food trucks from Columbia, Charleston, Charlotte and Hilton Head. Each truck will serve up it's own savory and sweet dishes, from BBQ to popsicles (see below for a glimpse of participating food trucks). General admission tickets are only $5 and children 12 and u ...
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Earth Day Everyday
Posted on: April 22, 2015Categories: LiveWell 24/7About 200 countries are celebrating Earth Day today, but most people would be surprised to find out the relation between keeping the environment healthy and maintaining our personal health. The World Health Organization estimated out of 102 major diseases, 85 are spread through environmental risk factors. Experts agree environmental health is essential in improving health of the public. Earth Day places particular emphasis on envi ...
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April 2015 Health Care Reform
Posted on: April 21, 2015Categories: HR & CompliancePay or Play Penalty—Identifying Full-Time Employees: The Monthly Measurement Method The Affordable Care Act (ACA) requires applicable large employers (ALEs) to offer affordable, minimum value health coverage to their full-time employees (and dependents) or pay a penalty. This employer mandate provision is also known as the “shared responsibility” or “pay or play” rules. An ALE is only liable for a penalty if one or more of its full-time employees receives a premium tax credit or cost-s ...
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Artista Vista 2015
Posted on: April 17, 2015Categories: News & EventsArtista Vista, the Midland's most celebrated gallery crawl, will be taking place Thursday, April 23rd through Saturday, April 25th. Several artists and galleries will open their doors from 5-9 on Thursday and regular gallery hours Friday and Saturday. Regionally and nationally known artists will be featured this year, as well as local artists from the Midlands. Galleries participating will have performance art inside or near the ...
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National Distracted Driving Awareness Month
Posted on: April 15, 2015Categories: LiveWell 24/7Distracted driving is a very dangerous, and sometimes fatal, epidemic on America’s roadways. In fact, in 2013, 3,154 people were killed in distracted driving accidents. The U.S. Department of Transportation is leading the effort to end cell phone use and texting behind the wheel. Over the past few years, awareness seminars have been given, cell phone use was banned for commercial drivers, and many states have begun to adopt laws that re ...
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Agencies Plan to Issue Summary of Benefits and Coverage Final Rules
Posted on: April 14, 2015Categories: HR & ComplianceThe Affordable Care Act (ACA) created new disclosure tools—the summary of benefits and coverage (SBC) and uniform glossary—to help consumers compare coverage options available to them. Generally, group health plans and health insurance issuers are required to provide the SBC and uniform glossary free of charge. This disclosure requirement applies to both grandfathered and non-grandfathered plans. On March 31, 2015, the Departments of Labor (DOL), Health and Human Services (HHS) and the Trea ...
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ACA: What Employers Need to Know
Posted on: April 13, 2015Categories: HR & ComplianceThe health care law contains tax provisions that affect employers. The size and structure of a workforce-small, or large- helps determine which part of the law apply to which employers. The number of employees an employer has during the current year determines whether it is an applicable large employer (defined below) for the following year. Applicable large employers are generally those with 50 or more full-time employees or full-time equivalent employees Employees with fewer than 50 full-ti ...
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River Rocks Music Festival
Posted on: April 10, 2015Categories: News & EventsThis Saturday April 11th, Congaree Riverkeeper presents the River Rocks Music Festival at the Riverfront Park in Columbia, South Carolina. This is a family friendly event and kids are encouraged to come. There will be many activities and demonstrations, great music, food and drinks. There will also be a kids arena with a bounce house, rock climbing wall and balloon art. Local outfits will be there so you can paddle on the Columbia Canal by canoeing, kaya ...