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Employee Benefits & Human Resources

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,

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

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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

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