Sick Workers Should Stay Home | Chicago Employee Benefits

www.hr360.com Every worker has been there. Before you open your eyes, you know you’re sick. Your head is pounding, your nose is stuffed, and every muscle in your body aches. You think you have a fever and even suspect the flu. But you’re a dedicated employee, so you tough it out and head in to … Continued

If you don’t have health insurance? | Chicago Benefits Broker

www.healthcare.gov The fee for not having health insurance If you can afford health insurance but choose not to buy it, you must pay a fee called the individual shared responsibility payment. (The fee is sometimes called the “penalty,” “fine,” or “individual mandate.”) You owe the fee for any month you, your spouse, or your tax … Continued

IRS Provides Major Delay in 6055 and 6056 Reporting | IL Benefits Specialist

By Danielle Capilla Chief Compliance Officer at United Benefit Advisors Under the Patient Protection and Affordable Care Act (ACA), individuals are required to have health insurance, while applicable large employers (ALEs) are required to offer health benefits to their full-time employees. In order for the Internal Revenue Service (IRS) to verify that (1) individuals have … Continued

COBRA and the Affordable Care Act | Illinois Employee Benefits

By Danielle Capilla Chief Compliance Officer at United Benefit Advisors The Consolidated Omnibus Budget Reconciliation Act (COBRA) requires employers to offer covered employees who lose their health benefits due to a qualifying event to continue group health benefits for a limited time at the employee’s own cost. COBRA provisions are found in the Employee Retirement … Continued

UBA Healthplan Survey 2015 Video | Illinois Benefits Broker

Reviewing this years top trends – introducing the 2015 UBA Health Plan Survey Executive Summary – Now available! Please contact us today for more information

How to Give Your 2016 Resolutions Staying Power | Byrne Byrne & Company

www.newsusa.com With any new year comes a clean slate and a chance to take on new goals. For many, resolutions revolve around healthy changes, but experts caution that resolve begins to waver at the end of January — which is why setting specific, realistic goals is proven to be more effective. “When it comes to … Continued

Gift for Employers: Cadillac Tax Delayed | Chicago Benefits Specialist

By Danielle Capilla Chief Compliance Officer at United Benefit Advisors President Obama has signed the omnibus legislation that includes the Consolidated Appropriations Act for 2016 and a tax extenders package. The agreement will keep the federal government running through September 2016. Within the legislation is language that significantly impacts provisions of the Patient Protection and … Continued

Agencies Issue Final Rule on Grandfathered Health Plans and Other Initiatives | Chicago Benefits Broker

By Danielle Capilla Chief Compliance Officer at United Benefit Advisors Federal agencies recently issued a final rule that essentially combined a variety of interim final rules and non-regulatory guidance on a variety of Patient Protection and Affordable Care Act (ACA) initiatives such as grandfathered health plans, preexisting condition exclusions, internal and external appeals, rescission’s of … Continued

Proposed Benefit Payment and Parameters Rule Released | Illinois Employee Benefits

By Danielle Capilla Chief Compliance Officer at United Benefit Advisors Federal agencies have released the proposed rule for the 2017 Benefit Payment and Parameters. Among other items, it provides updates and annual provisions relating to: Risk adjustments, reinsurance, and risk corridors programs Cost-sharing parameters and cost-sharing reductions User fees for Federally-Facilitated Exchanges (FFEs) The standards … Continued

Use These Effective Time Management Strategies | Illinois Benefits Broker

by: Merrie C. Weeks If you desire to have good time management then you need to have a strategy or an action plan. Following these strategies will help you get the most out of your days. First thing to do is Prioritize your work. Start each day by ranking the things that you much do. … Continued