New health insurance law now in force — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
You may recall all the hoopla that accompanied passage of the Health Insurance Portability & Accountability Act of 1996 (also known as the Kennedy-Kassebaum health insurance reform law). Starting in 1998, job-hopping workers with preexisting medical conditions can more easily qualify for health insurance coverage if they had coverage in their old jobs. The change prohibits insurance companies from rejecting coverage for chronic diseases in new employees for a given exemption period. That means if you’ve been waiting to make a move to a new employer for fear of jeopardizing your health insurance benefits, the law’s now on your side.
Businesses of ALL shapes and sizes are being forced to pay out big bucks for misclassifying employees and failing to pay proper overtime. Is your company vulnerable? Department of Labor officials estimate that more than 70% of employers are out of compliance with the Fair Labor Standards Act (FLSA)!...Click here to find out more.