A new law—President Trump’s “One Big Beautiful Bill”—quietly includes several updates that could impact your employees and their benefit plans.
While not everything may apply to your business, here are four big takeaways worth knowing:
1. HSAs Just Got Easier to Use
Telehealth can now be covered before the deductible and still qualify for HSA contributions.
Bronze and Catastrophic
Human Resources
Group Health Plan Changes in the One Big Beautiful Bill
By 1706 Advisors
Published: July 2025
June saw the Supreme Court uphold and affirm the authority of the Department of Health and Human Services (HHS) to appoint and oversee members of the body that evaluates and recommends preventive treatments as part of the Affordable Care Act. Employers can review their options should they receive a medical loss ratio rebate from…
Independence Means Options — Even in Your Benefits
By 1706 Advisors, July 2025
Your Plan Shouldn’t Box You In
Too many businesses are stuck with benefits plans built for insurance companies — not for their team, budget, or growth strategy. In a month that celebrates freedom, it’s a good time to ask: Do your benefits reflect real independence?
According to the UBA Benchmarking Report, nearly 70% of small…
Debunking Employee Benefits Myths for Maximum Retention
By 1706 Advisors, 2025
Your Benefits Package Might Be a Barrier
Nearly 80% of employers believe caregiving benefits are crucial for attracting and retaining talent. Yet, many leaders miss the mark by underestimating the importance of employee benefits beyond just health insurance. It’s not just about offering more; it’s about offering what’s truly valued.
Common Misconceptions About Benefits
The Overlooked…
Affirmation: My career is separate from my identity.
Career Monday: The Truth About Being Laid Off and How to Thrive in Spite of It
Q&A: What is an individual development plan?
An individual development plan (IDP) is a structured professional development plan created to support an employee’s growth within an organization. The employee and their manager work together to outline the employee’s career goals and identify specific actions (such as training or stretch assignments), timelines (such as quarterly check-ins), and resources (such as mentors or educational […]
Affirmation: Deadlines push me to be more efficient.
Working against a deadline helps me to buckle down and move quickly. It allows me to concentrate on what is important. I give the task at hand my undivided attention when I am tied to a timeline. My work responsibilities keep me on my toes because my employer sets targets. I use those targets to […]
Career Monday: Job Skills Assessment
Q&A: Can we tell employees not to talk about their pay with each other?
Generally, no. The National Labor Relations Act (NLRA) grants all non-supervisory employees (not just those in unions) the right to organize and engage in “concerted activity” for the purpose of mutual aid or protection. Concerted means “in concert,” meaning more than one employee is involved. Activities for mutual aid and protection could include discussions about […]