New Overtime Rules: Numbers Don’t Work For Association Relying On Medicaid Reimbursements
The American Network of Community Options and Resources, an association that represents employers offering support services to intellectually disabled people, is worried about the effects of new regulations that almost double the salary threshold for those who are automatically guaranteed overtime. In other news, a growing number of companies are offering their employees surgeries at prestigious hospitals at no cost.
New Overtime Rules May Put Squeeze On Caregivers For Those With Disabilities
In coming weeks, the White House is expected to finalize key new rules on overtime pay that could benefit an estimated 6 million lower-paid salaried workers. Workers' advocates say it's a long-awaited change. Most employer groups vocally oppose the new rules, because they might have to raise their minimum salaries, pay overtime — or limit their workers' hours. Much of the debate has pitted workers against employers. But at least one group is sympathetic to both sides: the American Network of Community Options and Resources, or ANCOR, an association that represents employers offering support services to intellectually disabled people. (Noguchi, 4/21)
Kaiser Health News:
Some Firms Save Money By Offering Employees Free Surgery
Lowe's home improvement company, like a growing number of large companies nationwide, offers its employees an eye-catching benefit: certain major surgeries at prestigious hospitals at no cost to the employee. How do these firms do it? With "bundled payments," a way of paying that's gaining steam across the health care industry, and that Medicare is now adopting for hip and knee replacements in 67 metropolitan areas, including New York, Miami and Denver. (Tomsic, 4/22)