Ouch! Family Health Care Costs Break the $20,000 Mark?

May 22, 2012 0

The 2012 Milliman Medical Index reports that the average cost of employer-sponsored healthcare for a family of four is now $20,728.00! To be accurate, the report is referring to a PPO plan, which can cost substantially more than a HMO plan. And, also according to the report, this year’s increase in costs was less than […]

A 2018 Train Wreck Coming?

April 9, 2012 0

I think we have a train wreck coming. As you may know, in 2018 the health care Cadillac Tax will be implemented. The Cadillac Tax is the 40% tax an employer will be forced to pay on any health coverage plan costing over $10,200 for an individual and $27,500 for a family. Now, some will […]

Yeah, You Got Me Again, California…

August 5, 2010 2

A “Gotcha” moment hit me this week, and it concerned something I learned about HSAs Health Savings Accounts. As most people know, money contributed to a HSA is not taxed. It does not count as income. The money grows tax-free and withdrawals used for qualified medical expenses are not taxed either. This is how HSAs […]

Paid Family Leave: Leave “Leave” Out of It

July 21, 2010 1

Paid Family Leave (PFL) is one of the most misunderstood benefits in California.  Employees commonly think PFL is another protected leave, such as FMLA, CFRA or PDL (see below for the alphabet soup definitions), and many times you’ll hear employees say, “I’m going to take my PFL leave.” But PFL is not a leave; it’s […]