Can Telemedicine Save You Time and Money?

According to a study by the University of California Davis, telemedicine can produce over $100 in travel time cost savings. These savings can go beyond solely travel, and employees/ employers alike can reap the benefits of online doctor’s visits. A telemedicine visit can reduce wait times to minutes that would generally take anywhere between 30 minutes to an hour, and are typically about half the cost of a regular doctor’s visits. This sounds good for employees, so how does it help employers? This can all be done without ever leaving your desk, thus lowering the amount of time it takes for your employees to get the treatment they need and get them back in the office working to their full capability!

In reference to the telemedicine study, James Marcin, chief of the UC Davis Division of Pediatric Critical Care Medicine said in a statement, “Our findings confirm the benefits of telemedicine in terms of real savings to patients and to the environment. Because telemedicine is cheaper and more convenient for patients in remote areas, they are more likely to seek medical care. Many patients do not have the time or resources to access health care many miles from home.”

Marcin goes on to say that he believes telemedicine should not only be looked at as a means of saving health care system money, but to improve patient care.

Most people find it difficult to access quality healthcare. Whether they live in a rural area with long travel times or can’t take the time off work, telemedicine provides the perfect opportunity to get quick, quality care. Doctor’s can be accessed through email, phone, or video conferencing to get every patient the care they need and deserve.

If you interested in learning more or a free trial of telemedicine for up to 5 employees, please click here .

ACA Remains in Place – Replacement Bill Withdrawn

It didn’t take long after President Trump was inaugurated to begin the repeal and replace process of the Affordable Care Act. The new plan was expected to have a major impact for HSA’s and was intended to minimize the ACA’s economic and regulatory burdens. The plan was also intended to give states more flexibility and control to create a free and open health care market.

On March 24, 2017 Republican leadership withdrew the American Health Care Act after not being able to secure enough votes to approve the legislation. Thus, the ACA will remain in place at this time, and employers do not need to make any changes to their practices.

What’s Next?
Employers should continue to comply with all ACA provisions. President Trump has stated that he will shift his focus at this time towards other issues. However, Congress can still choose to pursue their own ACA repeal and replacement in the future.

For more information regarding the withdrawal of the replacement bill and what the American Health Care Act would have provided, click here .

Getting Started with Payroll

So, you’ve got the payroll provider you need, but setting it all up and using it to its full capabilities has become a more complex task than originally imagined. Your new software can do everything you need from compliance, new business insights, automation, and complete human capital management. This is all great, but how do you get it all started? Here are some payroll tips to get the ball rolling:

1. Determine salary vs hourly

Make sure you have a system in place for both employee types. Employers generally find putting employees on salaries is easier to manage and can help with consistency across the board. If you do have hourly employees, make sure to keep track of their time and compensation.

2. Determine pay periods

Employers should determine a pay period for all their employees. The most common types of pay periods are weekly, bi-weekly, or monthly.

3. Take care of paperwork

Make sure you have an employer identification number (EIN), commonly referred to as an Employer Tax ID. You need this to report taxes and other documents to the IRS. If you don’t yet have an Ein, you can apply for one online or contact the IRS.

Have new employees fill out the Federal Income Tax Withholding Form W-4. Make sure to keep these on file so you can withhold the correct federal income tax from their pay.

4. Pick the right software

Do your research on different payroll and human capital management systems to get a feel of what will be right for you and best fit your needs. Some solutions offer implementation consultants that can help you every step of the way and really get going on the right foot.

5. Stay Organized

Different laws require you to keep documents for specific periods of time. For example, W-4 forms must be kept on file for all active employees and for at least 3 years after employees are terminated. Keep record of all your files and know which ones you must retain.

When in doubt, dial ADP123!

If you need any help from basic questions to complex benefits issues, ADP123 is for you. Offering:

  • Complete Hiring Process and Employee Changes; New Hires, Term Hires, Changes to employment Status, direct deposits, garnishments, deductions, etc.
  • Adhere to Policies and Procedures to meet Client Specifications
  • Provide Comprehensive Reporting for strategic decisions
  • General Ledger integration
  • Benefits Administration
  • Time & Attendance administration: collection of hours, PTO tracking, reporting