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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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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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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 ...