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Employers turn to wellness to fight costs
Wellness wins.
A new study released Tuesday by the Society for Human Resource Management during the organization's annual conference.
According to the report - sponsored by Colonial Life - employers are investing financially in wellness in hopes of decreasing their long-term health care costs.
"[Employers] are in an environment where they have to make tough choices," Evren Esen, director of SHRM's survey programs, said during a press briefing here.
"As they think about the adjustment they're making in benefits, they're strategizing how to get the biggest bang for their buck,"Read More
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I.R.S. Bars Employers From Dumping Workers Into Health Exchanges
Many employers had thought they could shift health costs to the government by sending their employees to a health insurance exchange with a tax-free contribution of cash to help pay premiums, but the Obama administration has squelched the idea in a new ruling. Such arrangements do not satisfy the health care law, the administration said, and employers may be subject to a tax penalty of $100 a day - or $36,500 a year - for each employee who goes into the individual marketplace.Read More
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