2024

The Alternative to Fully-Insured Health Plans: What It Means for Employers

2024-05-24T08:39:05-04:00May 24th, 2024|2024, Employee Benefits, Health Care|

If your business offers health insurance benefits to employees, you've likely heard of alternative funding models like self-funding or level-funding. But what exactly do these alternative approaches entail, and why are more employers considering them instead of traditional fully-insured [...]

Don’t Overlook This Path: Why the Trades Offer an Excellent Career Option

2024-05-24T08:19:06-04:00May 21st, 2024|2024|

For decades, the narrative has been that after high school, you go to a four-year university and earn a bachelor's degree. While college is certainly the right path for many people, it's not the only road to a successful, [...]

U.S. DOL Final Overtime Rule: Major Changes Coming in July

2024-05-20T10:58:30-04:00May 17th, 2024|2024, Benefits Administration, Employee Benefits|

The U.S. Department of Labor (DOL) recently announced the finalization of its overtime rule, significantly impacting how employers classify employees as exempt from overtime pay requirements under the Fair Labor Standards Act (FLSA). This new rule takes effect in [...]

Be Proactive, Stay Healthy: Why Annual Physicals Matter and How NARFA Helps

2024-05-06T15:54:20-04:00May 6th, 2024|2024, Health Care, Wellness|

They say an ounce of prevention is worth a pound of cure, and that certainly applies to your health. In today's busy world, it's easy to let routine checkups fall by the wayside. But according to the Centers for [...]

IRS Guidance on Nutrition, Wellness, and General Health Expenses

2024-04-09T08:42:18-04:00April 9th, 2024|2024, Health Care, Wellness|

The Internal Revenue Service (IRS) has recently highlighted that costs associated with nutrition, wellness, and general health do not typically qualify as reimbursable medical expenses under Section 213 of the Internal Revenue Code. In its communication, including a news [...]

HSAs Today and Every Day: A Triple Threat Against Rising Healthcare Costs

2024-04-03T15:26:02-04:00April 4th, 2024|2024|

The healthcare landscape is constantly evolving, and in 2024, rising costs remain a top concern for both employers and employees. Fortunately, Health Savings Accounts (HSAs) offer a unique "triple threat" advantage that can help combat these rising costs and [...]

April Showers Don’t Cause Accidents (Distracted Driving Does): Stay Safe on the Road This Month (and Every Month)

2024-04-03T15:06:17-04:00April 3rd, 2024|2024, Safety Tips|

Spring is here, and with it comes April's designation as Distracted Driving Awareness Month. While the changing seasons and blooming flowers might tempt you to take your eyes off the road, it's crucial to remember that distracted driving is [...]

Beyond Open Enrollment: Year-Round Employee Benefits Communication for a Savvy Workforce

2024-04-02T10:03:54-04:00April 1st, 2024|2024, Benefits Administration, Employee Benefits|

The annual open enrollment scramble is a familiar scene for many HR professionals. But what if there was a better way? Recent trends point toward a shift in employee benefits communication, moving away from a one-size-fits-all approach and [...]

Drive Towards Success with AICC: Proactive Self-Insured Workers Compensation for the Automotive Industry

2024-03-11T12:01:32-04:00March 11th, 2024|2024, Workers Compensation|

In the fast-paced world of automotive repair, car dealerships, and businesses in the roads, fuel, fleet, and related industries, keeping your team safe and your business running smoothly is critically important. However, unforeseen accidents can disrupt operations and impact [...]

Weathering the Storm Together: Why NARFA is Your Partner in Navigating Today’s Challenges

2024-03-11T13:33:28-04:00March 6th, 2024|2024, Human Resources|

As a business owner, you're navigating an increasingly complex landscape. Rising costs across the board, from operational expenses to employee benefits, can squeeze your bottom line and leave you feeling overwhelmed. In this environment, partnering with a strong trade [...]