Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Voya Financial offering accident, disease insurance in New York
Voya Financial, Inc. (NYSE: VOYA), formerly ING U.S., on Aug. 20 announced that its employee-benefits business is offering the company’s Compass-branded accident insurance and specified-disease insurance (also known as critical-illness insurance) options to customers in New York state. Compass products are now available in all 50 states as well as Washington, D.C., the firm said […]
Affordable Care Act Taxes & Fees: What Employers Need to Know for 2015
Since the Affordable Care Act (ACA) was passed into law in 2010, employers who offer employee health benefits have absorbed additional costs to provide quality health-care coverage to their employees. These costs have taken the form of expanded eligibility for adult dependents, routine and preventive services covered at no member cost share for non-grandfathered plans,
How satisfied are your employees?
Of course, most of us have probably heard the legendary song “(I can’t get no) Satisfaction” by The Rolling Stones many times. Unfortunately, the words are also a feeling shared by many people these days. All you have to do is check your Facebook newsfeed or Twitter account to find people who “can’t get no
Guidance on Taxes and Employee Benefits in the Year since the U.S. v. Windsor
In June 2013, Section 3 of the Defense of Marriage Act (DOMA) was ruled unconstitutional by the U.S. Supreme Court in United States v. Windsor. In particular, Section 3 of DOMA defined marriage for the purposes of federal law as being between one man and one woman, therefore, legally married same-sex couples were not considered
Beware of Hidden Dangers in Inadequate Indemnifications
Amy manufactures miniature springs. Brad wants to buy those springs to install in plastic frogs he sells to a burger chain as kids’ meal prizes. Brad knows that if a spring in one of his frogs malfunctions and injures someone, he’ll be sued. So, he insists that the contract with Amy include both an indemnification
Oswego Health announces Ferguson as director of new foundation
OSWEGO, N.Y. — Karen Ferguson recently joined Oswego Health as director of the newly created Oswego Health Foundation, the health-care organization announced today. The Oswego
Health Foundation accepting applications for sixth class of Health Leadership Fellows
SYRACUSE, N.Y. — The Health Foundation for Western & Central New York today announced it is accepting applications for a sixth class of its Health
DiNapoli: state-agency overtime spending rises 7 percent in first half
State agencies spent more than $316 million on overtimein the first six months of this year, an increase of $22 million, or more than 7
New York’s jobless claims fall 5 percent in latest week
The number of people filing initial applications for unemployment benefits in New York state fell 5 percent to 17,156 in the week ending Aug. 16,
DeWitt–based Galson Laboratories is sold to a Swiss company
DeWITT, N.Y. — Galson Laboratories, Inc., a DeWitt–based laboratory that focuses on industrial-hygiene analysis and monitoring, is now under new ownership. SGS S.A., a Geneva,
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.