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Benefits Buzz Newsletter May 2025 | New York Benefits Team

DOL Updates Model Employer CHIP Notice The U.S. Department of Labor (DOL) has released a new model Employer Children’s Health Insurance Program (CHIP) Notice with information current as of March 17, 2025. As a reminder, the Children’s Health Insurance Program Reauthorization Act of 2009 (CHIPRA) imposes an annual notice requirement on employers that maintain group … Continued

From Anxiety to Action: Managing the Impact of Doomscrolling on Your Well-Being | NY Employee Benefits Agency

In stressful or uncertain times, it’s easy to get caught in an endless cycle of scrolling through negative news and social media. This behavior, known as doomscrolling, is increasingly common—but it can take a serious toll on your mental and physical health.  This article explores the risks of doomscrolling and offers practical tips to help … Continued

It’s Okay to Not Be Okay: Tips and Resources for Mental Health Awareness Month | New York Benefits Advisors

It’s May, so just checking in… “How is everybody doing?” In case you missed it, Sesame Street’s lovable Elmo posed that very question on social media earlier this year – and the responses came flooding in. From relationship problems to financial troubles, and feelings of exhaustion, angst, loneliness, and disconnection, people shared their struggles. At last count, … Continued

Mind Matters: Supporting Employee Mental Health at Work | NY Employee Benefits Team

Every year, millions of people experience mental health challenges with limited access to care. According to the World Health Organization, 1 in 8 people globally are affected. Conditions like anxiety and depression significantly reduce productivity, costing the global economy around $1 trillion annually. Despite the rising demand for support, more than two-thirds of those who … Continued

Compliance Overview: Voluntary Benefits – ERISA Compliance Exemption | New York Employee Benefits Team

Voluntary benefits are optional benefits that employers may offer to enhance their traditional benefits packages. Offering voluntary benefits allows an employer to include a variety of benefits that are attractive to employees in their benefits package without adding to their organization’s costs. While voluntary benefits are typically employee-paid, payments can be automatically deducted from employees’ … Continued

Disability Insurance Explained: Short-Term Disability | NY Benefits Group

Life sometimes throws you a curveball. You might sprain an ankle playing soccer, need surgery, or experience a difficult pregnancy. These situations can temporarily prevent you from working and earning an income. That’s where short-term disability insurance comes in. It acts as a financial safety net, providing income replacement while you recover and get back … Continued

Voluntary Benefits: The Missing Piece of Your Compensation Puzzle | NY Employee Benefits Consultants

The Rise of Voluntary Benefits As healthcare costs increase, so does the demand for voluntary benefits. These optional benefits allow employees to select and pay for additional perks to meet their individual needs, especially in today’s diverse workforce. They’re also a valuable supplement to health insurance, particularly as healthcare expenses rise and affordability becomes a … Continued

The Future of Leadership: Human Connection in a Digital World | New York Employee Benefits Group

In an era defined by rapid technological advancement, the nature of leadership is evolving at an unprecedented pace. As artificial intelligence, remote work, and digital communication tools become increasingly integrated into our professional lives, the role of human connection in leadership has never been more crucial. The future of leadership will hinge on the ability … Continued

The Big Differences Among Generations at Work | New York Employee Benefits Firm

The generations at work – Gen Z, Millennials, Gen X, and Baby Boomers – continue to fascinate business leaders and especially those in HR, who are charged with talent management. Trying to understand each generation’s attitudes, habits, and history is important. While each person is unique, these shared generational experiences can help people better orchestrate teams and get the most out of … Continued

Benefits Buzz March 2025 | NY Benefits Consultants

ERISA Fiduciary Breach Claims Dismissed in Prescription Drug Lawsuit On Jan. 24, 2025, a U.S. District Court for the District of New Jersey dismissed two claims in a class-action lawsuit filed against Johnson & Johnson (J&J), which alleged that the company breached its fiduciary duties under ERISA by mismanaging its prescription drug benefits plan and … Continued