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Employees sue Wells Fargo for insurance plan’s inflated prescription drug prices

Work Life

was accused in a lawsuit filed on Tuesday of mismanaging its employee health insurance plan and forcing tens of thousands of U.S. The proposed class action filed in Minnesota federal court by four ex-employees of Wells Fargo claims the bank violated a federal law requiring companies to prudently manage employee health and retirement plans.

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A Freelancer’s Guide to Business Insurance: What You Need to Know

Success

“The case eventually ended up being thrown out,” Gobel says, “but not before I ended up with a $1,500 legal fee.” As a freelancer or independent contractor, you may think your business is too small to need insurance. Client contracts sometimes even require you to have freelance business insurance.

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You need a data protection policy – Here’s the basics

Insperity

The legal liability for data breaches and failure to comply with data privacy laws can incur prohibitive costs, including fines and penalties. Contact your company’s insurance provider, if you have cyber liability Insurance. Collecting employee data Accessing customer databases Protecting proprietary business information.

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Mental health at work: The laws and best practices

Insperity

What are the legal responsibilities for accommodating someone with mental health-related issues? The leave is usually unpaid, although certain states may cover time away with partial disability plans or additional private insurance compensation. How should you handle a request for time off due to mental illness?

Legal 233
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Business owner beware: FLSA compliance and personal liability

Insperity

The nuances between what legally constitutes a person and an employer aren’t always clear-cut when it comes to FLSA compliance. And if you think insurance can shield you from such expenses, think again. Generally, offering comp (compensatory) time in lieu of paying overtime is not legal for private employers.

Legal 187
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Preparing to Move Overseas? Read This First

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health insurance may not cover you. As soon as you move abroad , you’re in charge of paying for your medical expenses, as your United States health insurance won’t let you submit any assertions, says Elena Jones, a personal finance expert at FinanceJar. You can (or may need to) purchase international insurance. Health care.

Banking 105
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3 Steps to Take Before Going Into Business for Yourself

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Next, you’ll need to consider your current company benefits such as health insurance and retirement plans. If that’s not an option, you’ll need to get on a health insurance plan for self-employed individuals. Ideally, you should have at least two years’ worth of non-discretionary expenses in the bank. Create a plan.

Insurance 128