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March Compliance Recap

Thursday, April  5,  2018

March was a quiet month in the employee benefits world. The Internal Revenue Service (IRS) released a bulletin that lowered the family contribution limit for health savings account (HSA) contributions. The U.S. Department of Labor (DOL) updated its model Premium Assistance Under Medicaid and the Children’s Health Insurance Program notice (CHIP notice). The IRS issued … Continue reading

PrimeMail by Walgreens Gets a New Name

Wednesday, April  4,  2018

Effective 3/31/2018 PrimeMail by Walgreens Mail Service will operate under the name “Alliance RX Walgreens Prime“.  Prime + Walgreens assures customers that only their name is changing. AllianceRX Walgreens Prime promises to stay consistent with their standards for communications, prescriptions, refills and service. Employers who have health plans with Horizon Blue Cross Blue Shield of … Continue reading

The Importance of Wellness in the Workplace

Wednesday, March  28,  2018

Workplace Wellness is an investment which works much like any other investment- You put in time and money in hopes of a more valuable outcome, which in this case is the health of your employees, their families and your bottom line. Engagement, motivation, strategy, and support are the keys to a successful workplace wellness program. … Continue reading

Innovative Welcomes Mima Jovanovic

Monday, March  12,  2018

Please join us in welcoming Innovative’s new Benefit Consultant, Mima Jovanovic. Mima Jovanovic is an accomplished employee benefits consultant with over 20 years of experience cultivating new business opportunities and developing strategic health and welfare programs. He brings a unique perspective to clientele; with significant experience and skills on both the carrier and brokerage side … Continue reading

IRS RECALCULATES 2018 HSA & EMPLOYER ADOPTION ASSISTANCE PROGRAMS

Tuesday, March  6,  2018

Yesterday, the Internal Revenue Service (IRS) released a bulletin that includes a change impacting contributions to Health Savings Accounts (HSAs) and Employer Adoption Assistance Programs. The family HSA contribution for 2018 has been reduced from $6,900 to 6,850. This change is effective January 1, 2018. We advise plan participants to adjust their HSA contributions, if utilizing the … Continue reading