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2017 HSA and HDHP Limits

On 4/28/2016, the IRS released Revenue Procedure 2016-28, which announced the new 2017 health savings account (HSA) contribution and high-deductible health plan (HDHP) limits. 2017 Annual HSA Contribution Limits $3,400 for self-only coverage under a HDHP (increase of...

HHS Announces Phase 2 Audits

The U.S. Department of Health and Human Services’ Office of Civil Rights (OCR) has announced that they will be starting Phase 2 of its Health Insurance Portability and Accountability Act (HIPAA) Audit Program.  While Phase 1 audits only concerned covered entities,...

California Paid Family Leave Expansion

On 4/11/2016, Governor Brown signed AB 908, which will increase the amount of California Paid Family Leave (PFL) benefits an employee can receive as of 1/1/2018.  Currently, an individual’s weekly PFL benefit amount is 55% of his/her wages, up to a maximum weekly...

{Updated} PCORI Fee Reminder

Updated 5/10/16 – PCORI Fee Due 7/15/16 The Patient-Centered Outcomes Research Institute (PCORI) fee is an ACA fee that helps fund research regarding the effectiveness of medical treatments so that patients, clinicians, purchasers, and policy-makers can make...

Wide Variety of Perks to Entice Employees

  Tech companies are leading the way with company perks. Here’s an chart from the 2015 – 2016 Employee Experience Benchmarking Report. Please fill out this form to be notified when the 2016-2017 survey opens. Interested in having Sequoia conduct a...

San Francisco Minimum Wage Plan

Pursuant to Proposition J, San Francisco’s minimum wage is set to increase according to the following schedule:   Effective Date Minimum Wage Rate 5/1/2015 $12.25 7/1/2016 $13.00 7/1/2017 $14.00 7/1/2018 $15.00   Additional Information For additional...

New York State Minimum Wage Plan

On 4/4/2016, Governor Andrew Cuomo signed into law the 2016 to 2017 New York State Budget, which includes a gradual increase in the minimum wage to ultimately $15 per hour.  The effective dates of the minimum wage rates depend on where the employee works and the size...