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Industry Trends

Industry Trends (53)

In mid-April, CO SHRM and the Denver Regional Council of Governments conducted a survey about how employers are handling returning to the workplace and teleworking after COVID. The survey was completed by over 350 human resource professionals from across the state of Colorado.
Friday, 20 March 2020 07:21

The Best Resources on COVID-19

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There is no doubt that navigating business and everyday life during this unprecedented time is challenging. Here at Fall River, we have been proactively gathering the most useful resources to help us make the best internal decisions and to share with our clients. We have also been conversing with the…
A proposal for paid family and medical leave (FAMLI) has undergone substantial modifications, but its future on the Colorado legislative agenda this year is anything but certain. In 2019, the Colorado legislature created a task force to study paid FAMLI programs, which provided recommendations in January to legislators for a…
Friday, 10 January 2020 10:00

Year-End Budget Deal Repeals ACA Taxes and Fees

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President Trump signed a budget deal on the 20th of December. Some highlights included expanded parental leave for federal workers, a newly-created Space Force, an increase in the smoking age, and border wall funding. The deal also contained a major repeal of health care taxes and fees.
Monday, 16 December 2019 08:30

Benefit Topics to Watch

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At Fall River we’re always keeping our eyes on hot topics in the benefits world. As 2019 closes out, we are bringing you news on three potential developments: legislation preventing surprise hospital bills, the Texas v U.S. court case regarding the validity of the ACA, and the potential for a…
Friday, 15 November 2019 11:40

Making Spouses Coverage Work for You

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It’s renewal season, a time when we are all painfully reminded that the cost of healthcare keeps going up. In order to stay competitive, employers want to keep their benefits packages extensive and their contributions generous, but how to manage that desire against the reality of cost? One way to…
Jared Polis signed a new law in May 2019 that caps the cost of Insulin at $100 for a 30-day supply, regardless of the supply an individual requires. This is great news for the Colorado diabetic community, but critics speculate on a resulting rise in premiums as insurance companies are…
Evaluating your current benefit plans with the intent to attract and retain top talent is more crucial than ever. Benefits benchmarking gives employers the chance to compare their current plans and contribution strategy to that of the competitors. Fall River helps our clients understand how they stack up, and we…
Employers are often considering ways to enhance their benefits packages and attract great employees. Some employers might increase their contributions towards the health plans or 401(k) matching contributions, but another option is to offer an opt-out payment for those employees waiving the company-sponsored health coverage. At Fall River we are…
When an employee’s Group Life insurance plan ends, due to termination from the company or for other reasons, they don’t have to be left unprotected. Ex-employees are usually able to convert and/or port their coverage with the same Life carrier, but employers often are unaware of their obligations to the…
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