Benefits
Wisconsin to Review Health Savings Accounts for State Employees
By Staff Report
Jul. 11, 2011
Budget legislation that has been signed into law requires Wisconsin regulators to examine the feasibility of offering state employees a high-deductible health insurance plan linked to health savings accounts.
Under A.B. 40, which Wisconsin Gov. Scott Walker signed into law last month, the director of state employment relations and the secretary of employee trust funds are to make their recommendations to the governor and state lawmakers by Oct. 31.
Earlier this year, Wisconsin lawmakers approved legislation that revised the state’s tax law to follow the 2003 federal law that established HSAs and excludes HSA contributions from employees’ taxable income.
Filed by Jerry Geisel of Business Insurance, a sister publication of Workforce Management. To comment, email editors@workforce.com.
Stay informed and connected. Get human resources news and HR features via Workforce Management’s Twitter feed or RSS feeds for mobile devices and news readers.
About Workforce.com
We build robust scheduling & attendance software for businesses with 500+ frontline workers. With custom BI reporting and demand-driven scheduling, we help our customers reduce labor spend and increase profitability across their business. It's as simple as that.
Related Articles
Benefits
EEOC says that employers legally can offer incentives to employees to get vaccinated in almost all instancesIf you’re an employer looking to get as many of your employees vaccinated as possible, you can rest eas...
ADA, CDC, COVID-19, EEOC, GINA, pandemic, vaccinated
Benefits
Fixing some common misconceptions about HIPAAEver since the CDC amended its COVID-19 guidance to say that the fully vaccinated no longer need to wea...
COVID-19, health care, HIPAA, human resources, wellness
Benefits
We are in the midst of a public mental health crisis; how employers can helpDo not ignore these issues or your employees who are living with them. Mental health illnesses are no d...
ADA, benefits, Coronavirus, FMLA, mental health, paid time off