Health Flexible Spending Accounts: Use-It-or-Lose-It….But Not All of It

Today, the U.S. Department of Treasury and the Internal Revenue Service (IRS)— made an announcement modifying its Health Care FSA “use-it-or-lose-it” provision to allow rollover of unused FSA funds. As a quick background, FSAs allow employees to contribute pre-tax dollars to pay for out-of-pocket healthcare expenses – including deductibles, copayments, and other qualified medical, dental […]

Fastest Growing Private Companies: Manage Your Risks to Yield Rewards, Part I

ABD was recently recognized as one of the Bay Area’s fasting-growing private companies.  If you lead a fast-growing company, congratulations!  The rewards can be many: an expanding customer base, a growing workforce, greater brand awareness, market credibility, better access to capital, and increasing shareholder value. Whatever rewards you are seeking, your strategic planning process should […]

Got Wellness in Your Workers’ Compensation Program?

One of the largest drivers of workers’ compensation claim costs are medical expenses paid for the treatment of work related injuries and illnesses.  A recent National Council on Compensation Insurance report indicated workers’ compensation medical costs are now approaching 60% of the total cost of WC claims. The medical cost of an individual claim can […]

What’s Your Number?

Are you on track to retire?  Don’t know?  You’re not alone… According to Vanguard, 66% of working Americans have never tried to calculate how much they need for retirement. There are a myriad of online calculators available but most people just can’t figure out how much to save, how to invest their savings and don’t […]

Tips for an Engaging Open Enrollment

It’s Open Enrollment time and employers are wondering what they can do to make this year’s open enrollment a success. Let’s face it, learning the difference between a HMO, PPO and HSA is not the most engaging topic. The different types of plans and provider networks can be confusing and this year with the addition […]

ACO: Just Another Healthcare Acronym?

What is an ACO? While healthcare acronyms come and go with the passing of each year, ACOs (Accountable Care Organizations) may be here for the long term.  The basic goal of an ACO is to reduce healthcare spending while improving the quality of care at the same time.  A properly structured ACO will align provider […]