Industry Updates

Benefit Communications

2025 Open Enrollment Checklist

Added on 06/17/2025 Download File

To get ready for open enrollment, employers who sponsor group health plans
should be aware of the legal changes affecting the design and administration
of their health plans for plan years beginning on or after Jan. 1, 2025. These
changes include limits that are adjusted for inflation each year, such as the
Affordable Care Act’s (ACA) affordability percentage and cost-sharing limits
for high deductible health plans (HDHPs). Employers should review their
health plan’s design to confirm that it has been updated, as necessary, for
these changes.

5 Employee Benefits Trends Shaping 2025

Added on 06/17/2025 Download File

Employee benefits are transforming, and employers can get ahead of these changes as they strive to attract and retain top
talent. The modern workforce is multigenerational, with evolving expectations around work-life balance, mental health and
personalized benefits. In this dynamic environment, understanding and implementing the latest trends in employee benefits
can set an organization apart as an employer of choice.
This article explores five key trends that will shape employee benefits in 2025

Legal News & Compliance

Wrap Documents for Welfare Benefit Plans

Added on 06/17/2025 Download File

The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that sets minimum standards for employee benefit plans maintained by private-sector employers. Under ERISA, employer-sponsored welfare benefit plans, such as group health plans, must be described in a written plan document. In addition, employers must explain the plans’ terms to participants by providing them with a summary plan description (SPD).

ACA Reporting

Added on 06/17/2025 Download File

This checklist outlines key steps for employers to comply with the ACA’s reporting requirements. Keep in mind that a growing number of states have enacted their own health coverage reporting requirements. Employers need to comply with the federal ACA reporting requirements and any applicable state reporting requirements.