Posts Tagged ‘health insurance’

IRS Provides Details on Reimbursing Premiums for Individual Health Coverage or Medicare Part B, Part D, or Medigap for Active Employees | New York Benefits Broker

March 19th, 2015   |   by admin   |   in IRS

By Linda Rowings, Chief Compliance Officer at United Benefit Advisors On February 18, 2015, the Internal Revenue Service (IRS) issued Notice 2015-17. This Notice addresses employer payment or reimbursement of individual premiums in light of the requirements of the Patient Protection and Affordable Care Act (PPACA). For many years, employers were permitted to reimburse premiums […]

IRS Requests Input on the Cadillac Tax | NY Health Insurance Broker

March 12th, 2015   |   by admin   |   in IRS

By Linda Rowings, Chief Compliance Officer at United Benefit Advisors Beginning in 2018, plans that provide coverage that exceeds a threshold will owe an excise tax that is frequently referred to as the “Cadillac tax.” The threshold generally will be $10,200 for single benefits and $27,500 for benefits provided to an employee, retiree, or member […]

Think 2014 tax forms are bad? Here come the 1094 and 1095 for 2015! | Brio Benefits

March 10th, 2015   |   by admin   |   in Industry News

By Bill Olson, Chief Marketing Officer at United Benefit Advisors Our recent blog reviewed the highlights of the new employer and insurer reporting requirements. UBA has created this quick reference chart to help you sort out who should use which form, and when: For comprehensive information on coverage requirements, due dates, special circumstances, controlled groups […]

The RFP vs. the Two Step Process — Choosing Group Health Insurance | New York Employee Benefits

March 6th, 2015   |   by admin   |   in Health Insurance

By Terry Allard, CEBS, Sr. Benefits Advisor at The Wilson Agency Many employers look at employee benefits as a commodity, bidding out their plans annually — and who can blame them? Rising health care costs coupled with a challenging economic environment have forced many human resources decision-makers to focus heavily on cost.   Organizations of […]

Wellness Programs Feeling the Heat as the EEOC Increases Its Efforts – Part 2, Federal Regulations | NYC Employee Benefits

March 3rd, 2015   |   by admin   |   in Industry News

As mentioned in the first posting, wellness programs must be analyzed under a myriad of laws and regulations. This post will discuss generally the wellness program landscape in light of the Americans with Disabilities Act (ADA)/Americans with Disabilities Act Amendments Act (ADAAA), the Genetic Information Non-Discrimination Act (GINA), the Patient Protection and Affordable Care Act […]

2015 Cost-of-Living Adjustments | NYC Benefits Broker

February 23rd, 2015   |   by admin   |   in General News

By Linda Rowings Many employee benefit limits are automatically adjusted each year for inflation (this is often referred to as an “indexed” limit). The Internal Revenue Service and the Social Security Administration have released a number of indexed figures for 2015. Limits of particular interest to employers include the following. For health and Section 125 […]

Will Health Insurance Soon Become Health Memberships? | New York Employee Benefits

February 12th, 2015   |   by admin   |   in PPACA

By Elizabeth Kay, Compliance & Retention Analyst AEIS Advisors With the passage of the Patient Protection and Affordable Care Act (PPACA), we saw a number of hospitals and provider groups being bought and merged with larger provider groups. This was done for two reasons. One, in part to make sure that they were able to […]