News & Updates

VCG keeps you informed of the latest trends in HR, employee benefits, healthcare, insurance and wellness. We also help you stay current on legislative and regulatory developments in the HR and employee benefits space. Sign up to receive our employee benefits and HR newsletters and bulletins. You can also stay up to date through our News & Updates page or by following us on social media.

Preparing for Open Enrollment With a Hybrid Workforce
Preparing for Open Enrollment With a Hybrid Workforce

With open enrollment season approaching, now’s the time for HR professionals to kick off their planning. Now, many employers find themselves with employees working a hybrid schedule. For employers, it’s essential to make appropriate adjustments to lead a successful open enrollment period.

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Benefits Newsletter: 9/2/21
Benefits Newsletter: 9/2/21

With Employee Benefits & HR topics regularly in the news, it’s difficult to stay up to date. Our weekly newsletter will help you stay current. Check out this week's edition.

IRS Releases Guidance on Employee Retention Credit
IRS Releases Guidance on Employee Retention Credit

On August 4, 2021, the Internal Revenue Service (IRS) published Notice 2021-49 with respect to the 2021 Employee Retention Credit (ERC). Previously, The American Rescue Plan Act (ARPA, P.L. 117-2) extended the ERC through December 2021 and revised certain provisions and ERC eligibility. With this recently issued notice, the IRS provides further details related to some important matters businesses needed clarification on. Specific topics addressed include recovery startup businesses; coordination with PPP loans; severely financially distressed employers; and wages paid to majority owners and spouses, in addition to clarifying other areas.

Incorporating the COVID-19 Vaccine into a Wellness Program: Critical Considerations for Employers
Incorporating the COVID-19 Vaccine into a Wellness Program: Critical Considerations for Employers

On August 23, 2021, the U.S. Food and Drug Administration (FDA) granted full approval to the Pfizer/BioNTech COVID-19 vaccine – the first such approval of its kind. Along with expanded access to the vaccine, the FDA’s announcement is likely to cause an increase in vaccine mandates in both the private and public sectors. In lieu of a mandate, though, some employers may instead prefer to incentivize employees to get vaccinated.

Reminder: COBRA Subsidy Expiration Date and Notice Requirement
Reminder: COBRA Subsidy Expiration Date and Notice Requirement

The American Rescue Plan Act of 2021 (“ARPA”) requires group health plans subject to COBRA to provide a 100% COBRA premium subsidy and expanded enrollment rights to those who qualify as assistance eligible individuals (“AEIs”) for a period of six months (April 1, 2021, to September 30, 2021). ARPA also imposed new COBRA notice obligations on group health plans. As the subsidy period nears the end, employers and plan administrators are required to provide a subsidy expiration notice (“Notice”) to AEIs, informing them of the impending subsidy termination.

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VCG CONSULTANTS
3350 Riverwood Parkway
Suite 600
Atlanta, GA 30339
Phone: 770.863.3600
Fax: 770.863.3666

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