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IRS Issues Guidance on HDHP Coverage and COVID-19 Preventative Care

Fireworks are a staple of many Fourth of July and other celebrations but remember to take precautions to ensure your special event is safe and accident-free.

Hiring youth workers—many times to fill seasonal positions—can be an integral component to your organization’s hiring plan. Early work experience can also be a great opportunity for teenagers to learn important skills.

Recent market developments have demonstrated signs of an improving commercial insurance landscape. Yet, industry experts asserted that ongoing headwinds facing certain lines of coverage will continue to generate hardened conditions overall, therefore driving up premiums. As such, it’s essential for businesses to be aware of the following market trends and how they may impact coverage costs.

Although AI can offer several benefits—such as improved efficiency, objectivity and decision-making—it also presents challenges related to biases, transparency and ethical concerns. This article examines the pros and cons of AI in employment decision-making, discusses relevant laws and regulations for businesses to consider, and provides tips on mitigating AI-related risks.

Effective June 7, 2023, New York State employers are required to comply with new obligations to accommodate nursing employees in the workplace. New York State’s Nursing Mothers in the Workplace Act was amended to expand requirements to allow nursing employees to express breast milk based on individual needs for up to three years following childbirth.

Artificial intelligence (AI) chatbot ChatGPT has recently made waves for producing human-like text and communications from user inputs. Accessible to anyone with a computer and internet connection, ChatGPT produces usable written material on a wide range of topics and helps make decisions. These functions are leading many employers to consider ways to incorporate this technology into their organizations to enhance workflows, streamline operations and improve customer experience.

An analysis by workplace drug testing provider Quest Diagnostics found that drug tests administered after workplace accidents in 2022 reached the highest level in 25 years for positive marijuana results.

The IRS recently released 2024 inflation-adjusted amounts for Health Savings Accounts (HSAs) and high deductible health plans (HDHPs) via Revenue Procedure 2023-23.

The construction industry consists of companies that construct, maintain and repair buildings and other structures (e.g., roads, bridges and utility systems). This sector plays a vital role in the U.S. economy by keeping residential areas, commercial facilities and local infrastructure in good condition, thus supporting the safety and welfare of communities across the nation.