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Paychex is the Nation s Largest 401(k) Recordkeeper
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The 3 Key Medicare Decisions | Wealth Management
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MedCity News
Humana, IBM Watson Health team up to provide access to AI chatbot
Through a new collaboration, Humana s Employer Group members will gain access to IBM Watson Health s AI-powered digital assistant. The chatbot will provide information on member benefits, claims, referrals and cost estimates for medical services.
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The solution, called the IBM Watson Assistant for Health Benefits, is an AI-enabled, cloud-based virtual assistant. The AI assistant gives users information about member benefits, coverage, claims, referrals and healthcare cost estimates, said an IBM Watson Health spokeswomen, who declined to be named, in an email.
The solution will be made available to all members of the Louisville, Kentucky-based payer’s Employer Group, which includes 1.3 million medical and 1.8 million dental members.
JUDITH FEBRUARY: Is our state really as resilient as the fynbos?
OPINION
It felt very long - because it was. For a full hour and 19 minutes, President Cyril Ramaphosa stood at the podium overlooking a virtually empty National Assembly. The 2021 State of the Nation Address will be remembered for the muted affair it was. No pomp and pageantry, pared down to its basics. This was welcomed and would hopefully be a harbinger of things to come.
As for President Ramaphosa, he looked rather weary, while simultaneously trying to be upbeat. Who could blame him, really - a global pandemic, an economy on its knees, vaccine delivery challenges and then some in his own party threatening to turn the knife in his back at next year’s ANC national elective conference.
Tuesday, January 12, 2021
Section 2206 of the CARES Act allowed an exclusion of up to $5,250 from an employee’s gross income, if an employer paid principal or interest on an employee’s “Qualified Education Loan”.
Section 2206 of the CARES Act was only designed to be in effect for calendar year 2020. However, The Consolidated Appropriations Act, 2021 (the “CAA”) extends this provision of the law through December 31, 2025.
This provision of the CAA is in Section 120 of Division EE, called “The Taxpayer Certainty and Disaster Tax Relief Act of 2020”.
It does not appear that during 2020, many employers decided to provide student loan forgiveness as an employee benefit. Given the pandemic, that is certainly understandable. However, going forward, it might be something that employers might find more attractive as a recruiting or retention tool. Thus, the following is a brief refresher on this benefit.
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