Sterling Thompson Company Employee Benefits

07/09/2024

If you’re about to sign up for Medicare and have a Health Savings Account (HSA), there are a few things you should know – like when you may want to stop contributing to your HSA, and how to use it with Medicare. Learn more: https://go.medicare.gov/4eXVUD4

07/04/2024

Have a happy and safe Fourth of July from the Employee Benefits team! 🎉🇺🇸🎇

06/19/2024

👏👏👏

🎉 We're thrilled to announce that our agency has been named one of the 2024 Best Places to Work in Greater Louisville!

This achievement wouldn't be possible without the dedication and passion of our incredible team and the trust of our valued clients.

Thank you for being a part of our journey and helping us create an amazing workplace! 🌟

06/06/2024

Stay Informed on May's Compliance Essentials!

Get ahead of the curve with our May 2024 Compliance Recap. From navigating PCORI fee submissions to understanding the impact of the Medical Debt Cancellation Act, we've simplified complex regulations just for you.

This month's highlights include:
🔹 PCORI Fee Preparation: Deadline Approaching!
🔹 IRS Updates for 2025: Adjustments You Need to Know
🔹 Finalization of ACA Section 1557 Nondiscrimination Regulations
🔹 Medical Debt Cancellation Act: Potential Implications Unpacked
🔹 Connecticut Paid Sick Leave Expansion: What Employers Need to Do

Ready to stay compliant and informed? Read more here: https://blog.ubabenefits.com/compliance-resources

Remember, while knowledge is power, it's not legal advice. Consult with legal experts for personalized insights.

Employee benefit laws change rapidly. UBA Partner Firms help their clients stay one step ahead with expert compliance resources.

06/02/2024

We had the honor of hosting some of our wonderful clients and guests at the PGA tournament in Louisville! 🏌️‍♂️⛳ Thank you to everyone who joined us and made the event so special!

05/31/2024

HR professionals!

You play a crucial role in balancing the need to keep costs down while offering great benefits.

Employers are finding creative ways to manage these costs while still taking care of their employees.

Keeping up with the latest trends and using effective strategies can save a lot of money and create healthier, happier workplaces. 💰

In 2023, companies focused on several key areas to cut costs:

✅ Switching Insurance Providers (52.7%)

✅ Tweaking Plan Designs (42.8%)

✅ Asking Employees to Chip In More (33.8%)

✅ Adding More Prescription Drug Options (17.6%)

✅ Going Self-Insured (7.7%)

✅ Offering Wellness Discounts and Disease Management Programs (5.8%)

✅ Doing Dependent Audits and Adding Spousal Surcharges (2.9%)

You have the power to make these changes happen.

Exploring insurance providers and adjusting plan designs can bring quick savings.

Increasing employee contributions can help manage expenses, and adding more prescription drug options can lower costs.

Going self-insured gives you more control over healthcare spending.

Wellness programs and disease management not only cut costs but also boost employee health and productivity.

And don’t forget, dependent audits and spousal surcharges can fine-tune your cost management efforts.

05/24/2024

Will has already proved himself and asset here at Sterling Thompson Company and we are excited to have him on the Employee Benefits Team!

Welcome Will!!!

05/20/2024

💡 Though mental health treatment is key for millions of Americans, the average delay between symptom onset and treatment is 11 years. As Mental Health Awareness Month continues, we want to help around seeking mental health treatment!

💜 Whether it’s through HealthJoy’s mental health solutions or elsewhere, we encourage everyone who is experiencing mental illness to seek help. Taking the first step can be difficult, but the rewards can be life-changing!


Graphic courtesy of NAMI

05/10/2024

Gain Insights on Recent Employee Benefits Legislation!

Stay ahead of the curve with UBA’s latest Compliance Recap for April 2024. From significant bans on non-compete clauses to crucial updates from the Equal Employment Opportunity Commission (EEOC), our expertly curated content simplifies complex regulations for you.

This month, dive into:

🔹 Federal Trade Commission's Ban on Non-Compete Clauses
🔹 Portal Opening for RxDC Submissions
🔹 Pregnant Workers Fairness Act Mandates
🔹 Strengthening Privacy Protections for PHI
🔹 Release of Harassment Prevention Guidance

Ready to elevate your compliance game? Read more here: https://blog.ubabenefits.com/compliance-resources

Remember, knowledge is power, but it's not legal advice. Consult with legal counsel or advisors for personalized insights.

05/09/2024

🌟 Exciting news!

Our very own Rob Harring is taking the lead at the 2024 UBA Spring Conference, heading the NextGen Collaboration Group. 🚀

Let's cheer him on as he drives innovation and fosters collaboration in the industry!



Sterling Thompson Company

hello, innovator - welcome to the 2024 uba spring conference - we look forward to being

05/07/2024

On the first day of Mental Health Awareness Month, our message is simple: you are not alone.

Join HealthJoy in the conversation around mental health this month and help !