With 2014 rapidly approaching, Business Benefits Insurance Solutions is ready to assist your firm in navigating the significant pricing and medical plan changes resulting from the Affordable Care Act. Many small employers (less than 51 employees) are currently taking...
Mark Mazur, Assistant Secretary for Tax Policy at the U.S. Department of Treasury, announced in a blog post this afternoon that the Employer Mandate “Play or Pay” provision of the Affordable Care Act will be delayed one year. There are two...
The model notice that employers are required to provide to their employees explaining the existence of the public exchange, or marketplace, by October 1, 2013, makes mention of some of the confusing issues likely to arise around the issue of...
HR Managers typically find checklists very useful for managing practices and procedures. We have two documents that we think are of particular interest: 1) Group Health Plan Notices Calendar (based on ERISA) for general reference and includes many links to...
New HSA limits were released by IRS for 2014. Contribution Limits: Single – $3,300 Family – $6,550 (Catchup contributions +$1,000) Deductible Minimums: Single – $1,250 Family – $2,500 Maximum...
Earlier this month the Society of Actuaries issued an 83 page report named, “Cost of the Future Newly Insured under the Affordable Care Act (ACA)”. This report has been referenced many times in recent days and some debate the validity of the projections...