Innovative Benefit Planning Receives Women’s Business Enterprise Owned Certification
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Innovative Benefit Planning is proud to announce that The Women’s Business Enterprise National Council, has awarded Innovative Benefit Planning the national ‘Women’s Business Enterprise’ certification. “Empowering women in the workplace […]
Biden Administration’s Fiscal Year 2023 Budget Calls for Increased Enforcement for MHPAEA
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The Biden Administration’s FY 2023 proposed budget requests increased funds to enforce the Mental Health Parity and Addiction Equity Act of 2008 (MHPAEA). Specifically, the budget would allot $125 million […]
President Biden Signs Inflation Reduction Act Into Law
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On August 16, 2022, President Biden signed the long-awaited Inflation Reduction Act which aims to reduce rising health care costs and greenhouse gas emissions, as well as raise taxes on […]
FDA Issues Final Rule Enabling Access to Over-the-Counter Hearing Aids
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Around 30 million adults in the U.S. deal with some form of hearing loss, but only an estimated 1 in 5 have addressed the issue with the use of a […]
IRS Announces ACA Affordability Contribution Percentage for 2023
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The IRS announced a decrease in the ACA Affordability Contribution Rate from 9.61 in 2022 to 9.12 percent for the 2023 plan year, the most significant decrease since the ACA’s […]
June/July 2022 Compliance Recap
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The summer has seen a flurry of compliance-related activity, most notably the landmark decision issued by the U.S. Supreme Court to overturn Roe v. Wade. As we move into the second […]
HHS Issues Proposed Rules under ACA Section 1557 to Clarify Scope of Discrimination Protections
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The U.S. Department of Health and Human Services (HHS) has announced a proposed rule (Proposed Rule) implementing Section 1557 of the Affordable Care Act (ACA) that prohibits discrimination on the […]
Retirement Plan Solutions to Address the Tight Labor Market
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Employers who face staffing challenges in the current worker-driven labor market are implementing innovative retirement plan solutions to help them recruit new candidates and retain experienced personnel. Over the past […]
Transparency in Coverage: Machine Readable Files
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July 1, 2022, marks the effective date for plans and issuers to begin posting two Machine-Readable Files (MRF) links to a public website so individuals can readily learn their in-network […]
Innovative Benefit Planning Named “Top Employee Benefits Consultant” Award
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Innovative Benefit Planning is honored to be recognized by Mployer Advisor as a winner of their “Top Employee Benefits Consultants” Awards for 2022. The program evaluates brokers based on breadth […]