Category Archives: cost savings

You Just Won Your First Government Contract. Now What?

A common question that arises when speaking with contractors around the country: “Now that we’ve won this contract, what should we do next?” Let’s take a look at the factors that should be considered after a successful bid to ensure … Continue reading

Posted in cost savings, Davis-Bacon Act, employee benefits, federal contractors, fringe benefits, government contractors, health care, health care costs, paid sick leave, prevailing wage, Service Contract Act | Tagged , , , , , , , | Leave a comment

Health-Related Productivity Costs to Government Contractors

Offering health coverage and benefits to employees and their dependents is a major expense. In government contracting, there’s an interest in keeping costs low and bids competitive. It can be tempting for government contractors to take the required fringe and … Continue reading

Posted in compliance, cost savings, employee benefits, employer-sponsored group health plans, federal contractors, fringe benefits, government contractors, health care, health care costs, health insurance, preventive health care, wellness | Leave a comment

Boon Buzz: Benefit News for Spring 2019

April showers bring May flowers, and the world of benefits is also in full bloom! Here’s your spring refresher on the latest regulations, data, and more! Read on to learn more: 1. DOL Increases Civil Penalty Amounts for 2019 In … Continue reading

Posted in ACA, Affordable Care Act, compliance, cost savings, employee benefits, ERISA, health care, paid sick leave, wellness | Leave a comment

Standards for San Francisco HCSO Released

The City of San Francisco recently released their official 2019 notice regarding the Health Care Security Ordinance that applies to businesses with 20 or more workers and nonprofits with 50 or more employees. It states that businesses with 20 or … Continue reading

Posted in compliance, cost savings, employee benefits, Fair Pay and Safe Workplaces, federal contractors, fringe benefits, government contractors, health care, health care costs, health insurance | Tagged , , , , | Leave a comment

Self-Funding and Reference-Based Pricing: An Overview

As health insurance premiums in the U.S. continue to rise, employers are constantly looking for new ways to reduce employee benefit costs. One solution that many employers are adopting is the use of self-funded health insurance and reference-based pricing. In … Continue reading

Posted in Affordable Care Act, cost savings, employee benefits, health care price transparency, health insurance | Tagged , , , , , | Leave a comment