Categorized as: Blog

Webinar: Voluntary Benefits: Life Insurance with Long Term Care – The Overlooked Lifetime Benefit

When: Thursday August 22nd Time: 2 pm EDT Cost: Free Register Now! This webinar is pre-approved for HRCI & SHRM Credits! The life insurance market has changed dramatically in the last 20 years and that is nothing compared to what has happened in the long-term care (LTC) market. Almost every employee has some personal financial risk (many are great) with the potential costs of an extended long-term care situation. Join us for this SHRM & HRCI pre-approved* one-hour webinar as our speaker, Stephen Ivey, Director of Voluntary Benefits with AP Benefit Advisors, LLC, discusses the changes in the markets, the new…

2020 Affordability Rate Released

The IRS has published Revenue Procedure 2019-29, revealing the anticipated 2020 Employer Play or Pay “mandate”. Employer-sponsored health coverage will satisfy affordability if the employee contribution towards the lowest-cost, self-only health plan offered does not exceed 9.78% of the employee’s household income (safe harbors i.e. Box 1 W-2, Rate of Pay, and Federal Poverty Line remain available to employers). This is a decrease from the 2019 rate of 9.86%. As a reminder, the 2020 affordability rate will take effect upon your plan’s 2020 renewal date. If you renew on 4/1/2020, as an example, that is when the 9.78% rate will…

2019 Mid-Year Review – Your Compliance Checkup

Webinar: 2019 Mid-Year Review – Your Compliance Checkup When: Friday June 28th Time: 12 pm EDT Cost: Free Register Now! This webinar is pre-approved for HRCI & SHRM Credits! Join us for this complimentary, one-hour webinar as our General Counsel and VP of Compliance, Patrick Haynes, reviews the ups and downs of the first-half of 2019 and provides a compliance checkup that you won’t want to miss. Attorney Haynes will cover the following topics: Changes to the Affordable Care Act (ACA) ERISA/Section 125 Best Practices Federal Government’s Approach to Health and Wellness Plans “Working Wounded” – employees and plan participants that no…

Association Health Plans – Is There a Pathway Forward?

Webinar: Association Health Plans – Is There a Pathway Forward? When: Thursday May 30th Time: 2 pm EDT Cost: Free Register Now! This webinar is pre-approved for HRCI & SHRM Credits! For supporters of “Association Health Plans (AHPs),” it has been a year-and-a-half roller coaster. It all started with excitement over President Trump’s Executive Order in October 2017, culminating in proposed Department of Labor (DOL) regulations issued in January 2018. Once the DOL regulations were finalized in June 2018, a good number of organizations immediately took steps to establish AHPs in accordance with the final rules (known as Pathway #2 AHPs),…

In Case You Missed It: J-Codes Your Healthcare Plan’s Biggest Enemy

Webinar: In Case You Missed It: J-Codes Your Healthcare Plan’s Biggest Enemy When: Thursday April 25th Time: 2 pm EDT Cost: Free Register Now! This webinar is pre-approved for HRCI & SHRM Credits! Join us for this complimentary, one-hour SHRM and HRCI pre-approved* webinar as Virak Nhek, Senior Healthcare Data Analyst at AssuredPartners Benefit Advisors, discusses the financial perils and pitfalls of “J-Codes”. “J-Codes” and “medical specialty pharmacy” claims are going to be one of the top two procedure categories in terms of cost within your health plan. Knowing the amount of waste and abuse can provide insight into developing strategies…

Free Webinar: Medical Marijuana in the Workplace – Growing Like a Weed!

Webinar: Medical Marijuana in the Workplace – Growing Like a Weed! When: Thursday March 28th Time: 2 pm EDT Cost: Free Register Now! This webinar is pre-approved for HRCI & SHRM Credits! As legal medical and recreational cannabis dispensaries expand across the United States, legal and decriminalized cannabis is expected to create more jobs in the country by 2020 than manufacturing, utilities or the government. While this is excellent news on many fronts, many states now have laws that legalize the use of marijuana for medical and recreational purposes making the jobs of Human Resources (HR) and other business professionals even…

Upcoming Filing Deadlines

As we head into the last few days of February, we want to take this opportunity to remind employers about the following upcoming annual filing deadlines: Annual Prescription Drug Notice Group health plans must notify the Centers for Medicare and Medicaid Services (CMS) each year regarding whether the group health plan’s prescription drug coverage offered to Medicare Part D-eligible individuals is “creditable” or “non-creditable”. This notice must be done electronically by completing the online registration and disclosure form on the CMS website. (View the form HERE.) CMS has also published, on its website, guidance regarding the notice and the information…

Personal Change Resistance & Resilience: Preparing to Control Change within your Organization

Webinar: Personal Change Resistance & Resilience: Preparing to Control Change within your Organization When: Wednesday February 27th Time: 2 pm EST Cost: Free Register Now! This webinar is pre-approved for HRCI & SHRM Credits! Change is always hard. It’s not just that most people fear change, though we undoubtedly do. It’s also that we genuinely believe (often on an unconscious level) that when we’ve been doing something a particular way for some time, it must be a good way to do things. And the longer you’ve been doing it that way, the better it is. This is true in both your…

HSAs, HRAs, and HFSAs – What Employers and Employees Need to Know to Ensure Compliance

Webinar: HSAs, HRAs, and HFSAs – What Employers and Employees Need to Know to Ensure Compliance When: Wednesday January 30th Time: 2 pm EST Cost: Free Register Now! This webinar is pre-approved for HRCI & SHRM Credits! Health plan deductibles, premiums and other out-of-pocket healthcare expenses are continuously on the rise. In the face of these rising costs, many companies are offering arrangements such as Health Savings Accounts (HSAs), Health Reimbursement Accounts (HRAs) and/or Health Flexible Spending Accounts (HFSAs) to supplement their group health plans and help employees pay for healthcare costs. These accounts can be very beneficial to both employers…

4th Quarter Newsletter – ACA Reporting, Penalties, 2019 Benefit Limits, and More!

Below please find a link to our 4th Quarter Newsletter for 2018! Topics include a lot of year end compliance items, 2019 limits, and more. A list of topics: 2016 Proposed ACA Penalties MLR Rebates 2018 ACA Reporting Final PCORI Fee Adjustment Agencies Release 2018 Form 5500, Schedules, and Instructions 2019 Benefit Limits Did you Know? – The IRS imposes strict eligibility requirements on HSA Contributions? Please read the topics that are applicable and important to your group. Compliance Observer Newsletter- 4th Quarter 2018