Monthly Archives: October 2009

Savings Through Health Reimbursement Arrangements

October 1st, 2009

Published October 2009 With the costs of health care constantly rising, businesses are feeling the impact of devoting more of their resources to healthcare spending. Consequently, employers are looking for new and different ways to control these costs which causes some employers to change health care plans almost every year. One of the alternatives employers...

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Tax Savings for Employers from Flexible Spending Accounts

October 1st, 2009

Published October 2009 Flexible Spending Accounts are an additional benefit provided by employers for employees to cover the costs of medical expenses that are not reimbursed by insurance. In addition to being a great benefit for employees, an FSA plan can also produce cost savings for the employer as well. Ever heard of a benefit...

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BASIC’s Preparations for the Flu Season

October 1st, 2009

Published October 2009 BASIC’s Preparations for the Flu Season As a follow-up to last month’s newsletter article titled Prepare Your Company for an Influenza Pandemic, BASIC would like to share our business continuity plan in case we are impacted during the upcoming flu season. Our plan is based on prevention to minimize the spread of...

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Common Questions Answered About Paid Time Off

October 1st, 2009

Published October 2009 Paid time off can be a tricky benefit to deal with, especially when employers have to adhere to federal, state and even sometimes local laws. Answered below are some common questions about PTO. 1. Traditional or PTO? No federal or state law exists that requires an employer to offer the benefit of...

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