December 2017 Newsletter

From: Andrew Tatum, Administrator/CFO Date: 12/31/2017
Social Treatment Opportunity Programs

  • Healthcare Plans – STOP has decided to offer a group medical plan – Regence Gold 2500 for the 2018 enrollment period. Additionally; STOP will provide medical premium assistance; wherein, all employees enrolling onto the medical plan will only have to pay $150 for their portion of the monthly medical premium. Currently; STOP sponsors supplemental medical plans through AFLAC that reimburses employees for out-of-pocket medical expenses. The plans typical runs about $50/month; with the employee footing the premium costs. Also; STOP has a Dental plan (employee paid) through Delta Dental Services.
  • Washington State Employee Law – The upcoming year will have quite a few changes to employment regulations which will affect the payroll policies for all businesses: 1. Employers will be required to pay all employees 1 hour sick leave for every 40 hours worked; with at least 40 hours of unused sick leave rolling over every year. 2. The State minimum wage has increased to $11.50 per hour; however, some city municipalities have increased their minimum wage from $12, and up to $15 per hour.
  • CARF – The accreditation survey from CARF is going to take place in 2018 (probably in September or October). Joe and Laura will be working with each office to discuss what is needed to meet CARF standards. It’s better to be proactive, so we all should start switching our focus in that direction.
  • Standard Mileage Reimbursement Rate – The Internal Revenue Service (IRS) has determined the 2018 standard mileage rate for operating a vehicle for business use to be 54.5 cents per mile; which is up 1 percent from last year. I am also sending a copy of the new mileage rate sheet along with this email. Please phase this rate sheet in as the old forms are used up (and corrected to reflect the new rate).