Health Benefit Mandates—Effective Jan. 1, 2016, large group health care service plan contracts must provide a minimum value of at least 60 percent. Effective for insured group health plans offered, amended or renewed on or after Jan. 1, 2017, and until Jan. 1, 2020, coverage for prescription drugs is revised. In addition, provisions related to prescription drug formularies,… Read more »
Monthly Archives: October 2015
CA updates exemption for Computer software employee
California’s Department of Industrial Relations (DIR) announced rate changes for the computer software employee exemption and the licensed physician or surgeon exemption. The new rates take effect January 1, 2016. For the computer software employees’ exemption: The minimum hourly rate of pay exemption increased to $41.85 from its previous rate of $41.27; The minimum monthly salary increased to $7,265.43 from… Read more »