BCBSA Antitrust Settlement Classes Eligible for Proceeds
BCBSA Antitrust Settlement Classes Eligible for Proceeds November 5, 2021 is the deadline for filing a claim in connection with the Blue Cross Blue Shield Association (BCBSA) $2.67 billion settlement […]
IRS Draft Form 941 Reflects COBRA Subsidy Tax Credit
IRS Draft Form 941 Reflects COBRA Subsidy Tax Credit The IRS recently released a draft of the revised 2021 version of Form 941, Employer’s Quarterly Federal Tax Return, in order […]
Upcoming Challenges with ACA in 2021
Upcoming Challenges with ACA in 2021 IRS Eliminates Transition Relief and Removes Threshold Expanding Eligibility In previous year, the IRS has provided relief of penalties to reporting entities that report […]
Frequently Asked Questions About the Patient-Centered Outcomes/Comparative Effectiveness (PCORI Fee)
Frequently Asked Questions About the Patient-Centered Outcomes/Comparative Effectiveness (PCORI Fee) Q1: What plans does the PCORI fee apply to? A1: All plans that provide medical coverage to employees owe this […]
2021 Patient-Centered Outcomes Research Institute (PCORI) Fee
2021 Patient-Centered Outcomes Research Institute (PCORI) Fee The Patient-Centered Outcomes Research Institute (PCORI) fee deadline is around the corner. In Notice 2020-84, the IRS adjusted the applicable dollar amount to […]
Why Employers Should Benchmark Their Health Plan Before Renewal
Why Employers Should Benchmark Their Health Plan Before Renewal Benchmarking your health plan during renewal ensures that the benefits being offered continue to be a right fit for the company […]
Discover How We Helped One Client Reduce Their Retirement Plan Fees by 30%
Discover How We Helped One Client Reduce Their Retirement Plan Fees by 30% When offering your plan directly with a qualified plan provider, many employers are not aware of what […]
April 2021 Compliance Recap
April 2021 Compliance Recap April was a busy month in the benefits industry, largely due to the temporary 100% COBRA subsidy mandated by the American Plan Rescue Act of 2021 […]
IRS Issues 2022 HSA and HRA Limits
IRS Issues 2022 HSA and HRA Limits The IRS issued Revenue Procedure 2021-25 on May 10, 2021, to announce the 2022 inflation adjusted amounts for health savings accounts (HSAs) under […]
5 Steps to Create a Financial Wellness Program
5 Steps to Create a Financial Wellness Program Many employers offer health wellness programs for their organization. However, financial wellness is equally as important. Studies show that 47% of employees […]
