VCG’s VANTAGE
A view into the latest Benefits and HR topics
12Jul 2016

Tips for NMSN and MCSO Administration

Authors: |Administration, Compliance|0 Comments

Under the Employee Retirement Income Security Act (ERISA), employers who offer group health benefits to employees must extend health coverage to the children of an employee who is the parent (parent-employee), when ordered to do so by state authorities. This provision applies whether the parent-employee is divorced, separated, or never married. State authorities order health coverage for children one of [...]

3Jun 2016

You might be a choice architect if…

Authors: |Decision Making|0 Comments

When I was a kid, a nudge―noodge, formal―was a person we found annoying, someone who was overly pushy and persistent. Nowadays it’s a strategy used to help people make better decisions, and anyone who employs a nudge is referred to as a choice architect. The term choice architect was introduced by economist Richard Thaler and legal scholar Cass Sunstein in [...]

19May 2016

Mental Shortcuts Can Lead to Flawed Decision Making

Authors: |Decision Making|1 Comment

On any given day, we make thousands of judgments and decisions. According to researchers at Cornell University, we make more than 200 decisions each day about food alone.¹ When we have this many decisions to make on a daily basis, it’s impractical to apply rigorous analysis every time we have a choice. That’s why our minds often automatically turn to [...]

19May 2016

Release of Final FLSA Overtime Rules

Authors: |Human Resources, In The Know|0 Comments

On Wednesday, May 18th, the Department of Labor released its final rules on employee overtime. As anticipated, the rules increased the minimum salary and compensation levels necessary to satisfy the white collar and highly compensated employees (HCE) exemption by 100%, from $455 per week to $913 per week ($47,476 per year). There are no changes to the current exemptions tests [...]

18May 2016

The Growth of Telemedicine

Authors: |Benefits, In The Know|0 Comments

Telemedicine is growing in popularity as a convenient alternative to traditional office or urgent care visits for minor health issues. American Well, a company that provides telemedicine services, announced Tuesday that it will start allowing plan members to choose the participating doctors or nurses with whom they telephonically consult. The advantages to offering members a choice of providers for an [...]