Foster & Foster monitors changes in legislation, regulations, and national trends to help our clients be prepared.

Executive Order to Strengthen Retirement Security

On August 31, 2018, President Trump released an Executive Order on “Strengthening Retirement Security in America.” You can see the text here. The Order outlines the issue of low workplace retirement...
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Draft Mortality Tables for Public Retirement Plans Released

The Society of Actuaries has released an exposure draft for their public retirement plan mortality study. This study focuses exclusively on the mortality experience of public retirement plans, in...
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ACA Affordability Threshold Increases in 2019

In order to determine coverage affordability under the Affordable Care Act (ACA), the IRS sets an “affordability percentage” annually. The affordability percentage is applied to the employee’s annual...
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Society of Actuaries Releases Study of Public Pension Mortality Assumptions

On June 26, 2018, the Society of Actuaries (SOA) released a study of the mortality assumptions used for funding purposes by state-based and large-city public pension plans.  The study includes...
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Managing Prescription Drug Plan Costs: Pricing Tricks Employers Should Watch For

Employers typically pay close attention to medical plan provider discounts, stop loss premiums, and administrative costs, but often overlook ways to manage prescription drug plan costs. Proactively...
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Are you Prepared for a HIPAA Audit?

The Health Insurance Portability and Accountability Act (HIPAA) protects the privacy and security of an individual’s protected health information (PHI) by governing how covered entities use, store...
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