New Rulings and Regulations Impacting HR

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New Rulings and Regulations Impacting HR

From marriage equality to proposed changes to overtime exemptions (not to mention the Supreme Court ruling that again affirmed the ACA), HR professionals across the country are taking a collective breath after a week of landmark rulings and proposed new regulations that impact the employment landscape. Here is what employers need to know (and do) now.
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6 Answers To Your Health Care Reform Questions

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How are health insurance rates being affected by health care reform? Now that the notices have been sent and exchanges have launched, what's next for employers? Here are six (6) answers to commonly asked questions on health care reform currently.

1. How are health insurance rates being affected by health care reform?

Currently, health insurance rates have been only modestly affected by health care reform, although this trend is not expected to continue. A 2013 survey conducted by Towers Watson reports that the average total cost of health care is projected to rise by 5.2% in 2014, while a survey by PriceWaterhouseCoopers shows an expected 6.5% increase. Most national surveys have been reporting stable costs (if not slightly lower) from 2012, and our surveys of local employers have also seen stable and slightly lower average premium increases from the last few years.
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