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Archive for June, 2015

Insuring the Health of America’s Emerging Multigenerational Workforce | New York Employee Benefits

June 30th, 2015   |   by admin   |   in Health Insurance

www.newsusa.com For the first time in modern history, America’s workforce spans four generations. In this new era of multigenerational workers, a “one size fits all” approach to health insurance is a thing of the past. The generational gap is as varied as it is immense. There are the young-adult Millennials, the middle-aged Gen Xers, Baby […]

Preparing for a DOL Audit with a Mock Interview | New York Benefits Broker

June 25th, 2015   |   by admin   |   in DOL

By Bill Olson Chief Marketing Officer at United Benefit Advisors As the likelihood of an audit from the U.S. Department of Labor increases, every organization should be prepared so that this potential disaster can be handled with confidence. Conducting a mock audit can be key part of your prevention and preparation strategy. As with any […]

Employers Procrastinating? | NYC Employee Benefits

June 22nd, 2015   |   by admin   |   in ACA, PPACA

By Peter Freska Benefits Advisor at The LBL Group A UBA Partner Firm Employee Benefit News published an article titled, “Employers procrastinating on ACA recordkeeping compliance.” It is an interesting read, as it refers to a recent survey by PricewaterhouseCoopers in which “Only 10% of some 480 employers in 36 industries responding to a recent […]

PCORI Fees Due July 31 for Many Health Plans. How Much Do You Owe? | New York Employee Benefits

June 18th, 2015   |   by admin   |   in PCORI, PPACA

By Danielle Capilla Chief Compliance Officer at United Benefit Advisors PPACA created a private non-profit corporation called the Patient-Centered Outcomes Research Institute (PCORI). The Institute’s job is to research the comparative effectiveness of different types of treatment for certain diseases, and to share its findings with the public and the medical community. The goal is […]

5 Top Cardio Exercises That Don’t Need The Gym | NY Benefits Broker

June 15th, 2015   |   by admin   |   in Wellness

By Jon Allo www.articlesfactory.com If you want to get fit and get into shape, but the cost of a gym membership is too expensive, there are effective cardio exercises to do at home. Cardio fitness exercises is considered one of the most important elements in any fitness program because it helps to increase energy, improve […]

Economic Trends and Human Resources | NY Employee Benefits

June 11th, 2015   |   by admin   |   in Industry News

By Robin J. Anderson Senior Economist, Principal Global Investors Global economic trends have a profound impact on human resource management with effects on everything from talent management, hiring, outsourcing, investment strategies, wages, asset management and business development. As globalization continues to shrink the world, human resource departments are transforming themselves into strategic business partners with […]

It’s Not a Matter of “If,” But “When” You Get Audited By the U.S. Department of Labor | Brio Benefits

June 9th, 2015   |   by admin   |   in Industry News

By Bill Olson, Chief Marketing Officer at United Benefit Advisors As the saying goes, an ounce of prevention is worth a pound of cure, and that’s definitely the case when it comes to a health plan audit by the U.S. Department of Labor (DOL). And prevention is certainly warranted, according to Jeff Hadden, Partner at […]

Preventive Service Requirement FAQ | New York Employee Benefits

June 5th, 2015   |   by admin   |   in PPACA

By: Danielle Capilla Chief Compliance Officer at United Benefit Advisors On May 11, 2015, the Department of Labor (DOL) along with other federal agencies issued an FAQ regarding the implementation of the Patient Protection and Affordable Care Act (PPACA) that focused on coverage of preventive services. Non-grandfathered group health plans and health insurance offered in […]

Question of the Month: How is PPACA’s “IRS Form W-2 safe harbor” regarding affordability calculated? | NY Benefits Broker

June 1st, 2015   |   by admin   |   in PPACA

By Danielle Capilla Chief Compliance Officer at United Benefit Advisors Question: How is PPACA’s “IRS Form W-2 safe harbor” regarding affordability calculated? Answer: Under PPACA, coverage is considered affordable if it costs less than 9.5 percent of an employee’s household income. Because employers are often unaware of an employee’s household income, there are three safe […]