The DOL Issues ARPA COBRA Subsidy Forms
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The DOL Issues ARPA COBRA Subsidy Forms On April 7, 2021, the Department of Labor (DOL) issued the much awaited COBRA Model Notices required under the American Rescue Plan Act […]
Environmental, Social and Governmental (ESG) Fund Best Practices for Plan Sponsors
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Environmental, Social and Governmental (ESG) Fund Best Practices for Plan Sponsors Socially responsible investing has grown in popularity as investors become more aware of how organizations operate from an environmental, […]
March 2021 Compliance Recap
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March 2021 Compliance Recap The employee benefits guidance issued in March 2021 was largely focused on providing relief to individuals and businesses impacted by the continuing COVID-19 pandemic. Significantly, on […]
Innovative’s 2020 Consulting Highlights
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Innovative’s 2020 Consulting Highlights 2020 was a challenging year for many, but here at Innovative, we were dedicated to delivering the best value and results for our clients. Not only […]
PPE as Section 213(d) Qualified Medical Expenses
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PPE as Section 213(d) Qualified Medical Expenses The Internal Revenue Service (IRS) released Announcement 2021-7 providing that amounts paid for personal protective equipment (PPE) such as masks, hand sanitizer and […]
American Rescue Plan Act Brings Several Health Plan Provisions
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On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (Act). The Act is a $1.9 trillion legislative package that includes pandemic relief for individuals and […]
Is Level Funding a Good Fit for Your Employee Benefits Plan?
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Is Level Funding a Good Fit for Your Employee Benefits Plan? Level funding is a great strategy for employers that are interested in self-funding, but like a plan that looks […]
February 2021 Compliance Recap
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February 2021 Compliance Recap February was a relatively busy month in the employee benefits world. The Department of Labor (DOL) issued EBSA Disaster Relief Notice 2021-01 regarding the end of […]
Final Rule on the Extension of Certain Timeframes For Employee Benefit Plans, Participants, and Beneficiaries Due to COVID-19
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Final Rule on the Extension of Certain Timeframes For Employee Benefit Plans, Participants, and Beneficiaries Due to COVID-19 The DOL issued EBSA Disaster Relief Notice 2021-01 providing that the outbreak […]
Incorporating Wellness into Your Employee Benefits Strategy
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Incorporating Wellness into Your Employee Benefits Strategy Wellness is a strategy that continues to gain in popularity as employers are looking for ways to help their employees become healthier, more […]