Frequently Asked Questions About the Patient-Centered Outcomes/Comparative Effectiveness (PCORI Fee)
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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
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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
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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%
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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
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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
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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
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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 […]
5 Reasons Employers Should Carve Out Prescription Drug Benefits
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5 Reasons Employers Should Carve Out Prescription Drug Benefits Prescription Drugs typically makes up 20% of an employer’s overall spend, and with the rise in specialty drugs, industry experts expect […]
Innovative Launches New Online Health Plan Benchmarking Tool
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Innovative Launches New Online Health Plan Benchmarking Tool Benchmarking is more important than ever. Knowing how your health plan compare to your peers allows you to be competitive in recruiting […]
Innovative Launches New Digital Employee Benefit Guide Technology
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Innovative Launches New Digital Employee Benefit Guide Technology As technology continues to transform the workplace, HR professionals are seeking new and improved ways to deliver their health plan benefits, while […]