www.newsusa.com With Halloween and cooler weather right around the corner, sightings of creepy creatures indoors are sure to be on the rise as they search for cozy places to hole up for the winter. Rats, bats and spiders are the stuff nightmares are made of, and for good reason; these creepy critters are capable of … Continued
By Matthew Augustine, GPHR, REBC CEO of Hanna Global Solutions, a UBA Partner Firm It’s that time of the year – open enrollment season is here! Insurance carriers are presenting renewals and brokers are presenting ways to alleviate the cost pressure with innovative cost management strategies. HR and benefits professionals are under pressure to think … Continued
Posted by Danielle Capilla Beginning in 2015, under the Patient Protection and Affordable Care Act (ACA), large employers must offer affordable, minimum value coverage to their full-time employees or potentially pay a penalty. Some companies have or had been marketing a plan that they state satisfies the minimum value requirement (an actuarial value of 60 … Continued
By Bill Olson Chief Marketing Officer at United Benefit Advisors UBA’s annual Health Plan Survey, the largest of its kind, provides data on 10,804 employers sponsoring 18,186 health plans. While the full findings will be released soon, preliminary data on average health plan costs, premiums, and contributions is now available. The average annual health plan … Continued
Investigate how your employer is going to address the Cadillac Tax issue! A quick and easy to follow video which highlights the financial implications of the new excise tax and what you should be aware of now. This video (from a blog post on www.accountingaccidentally.com) has been written from the accounting view and not the … Continued
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
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
By Bill Olson Chief Marketing Officer at United Benefit Advisors As a result of the Patient Protection and Affordable Care Act (ACA) triggering cost increases for fully insured employer-sponsored health insurance plans, more employers are moving to a self-funded model for pharmacy plans, particularly among large employers (1,000+ employees), according to the 2014 United Benefit … Continued
By Danielle Capilla Chief Compliance Officer at United Benefit Advisors The Department of Labor (DOL) has issued an “Administrator’s Interpretation” to assist employers in determining if a worker is an employee or an independent contractor. The DOL has determined that many employers are incorrectly classifying employees as independent contractors, which can harm the worker and … Continued
By Jan Sheehan www.livestrong.com About two-thirds of physicians and patients believe adults should have an annual checkup, according to the American Medical Association (AMA). The annual checkup serves a number of functions that might help improve health and maintain wellness. Here are five important reasons to have an annual exam. Screenings Routine screenings, such as … Continued