Health Care Reform Series: Overage Dependent Coverage
With all of the changes that new Health Care Reform has brought this year, many contractors and their Davis-Bacon and [...]
Health Care Reform Update: Grandfathered Status
If you’re doing Davis-Bacon or prevailing wage work that means you’re probably providing your prevailing wage employees with health benefits. [...]
Are unfunded self-insured fringe benefit plans “bona fide”?
Per the Department of Labor website: "Unfunded, self-insured fringe benefit plans (other than fringe benefits such as vacations and holidays [...]
Do travel perks count as a “bona fide” benefit?
Believe it or not, the Department of Labor does address this question - and the answer is no. The fringe benefit [...]
How do the terms of an employee benefits plan need to be communicated?
One of the provisions specified by the Department of Labor (and applicable to all prevailing wage contractors) is that "the [...]
If my employee contributes to the employee benefits, are they still “bona fide”?
Yes!"Bona fide" benefits, including those for prevailing wage, may be either contractor-financed or a joint contractor-employee contributory plan.
Are contributions to a “bona fide” employee benefit plan mandatory?
Participation can be mandatory so long as prevailing wage fringe money is enough to cover the cost. In the event [...]
What if my plan isn’t “bona fide”?
Regardless of whether you are doing federal davis-bacon prevailing wage, or state prevailing wage, failure to provide employees "bona fide" [...]
Do prevailing wages also need to be “bona fide”?
No. The term "bona fide" does not refer to the cash (or wage) component of the prevailing wage rate determination
Health Care Reform
Unless you've been hiding under a rock or living on another planet, you are no doubt aware that Health Care [...]