FAQS: PCORI Fee
Most employers that sponsor self-funded group health plans and insurers of fully-insured group health plans will need to file and pay by July 31 their first federal comparative effectiveness research [...]
Notice of Exchange: What Employers Need to Know
What is the Notice of Exchange? The Patient Protection and Affordable Care Act (PPACA) Notice of Exchange establishes an employer notice requirement to inform employees of the health insurance Marketplaces/Exchanges [...]
Austin Financial Group Debuts New Health Care Reform Analysis Toolkit for Employers
Bloomfield Hills, Mich. (June 28, 2013) - Austin Financial Group (AFG), a Michigan employee benefits firm and one of Metro Detroit's 101 Best and Brightest Companies to Work For, announced [...]
Bridge the Benefits Communication Gap
As we have discussed in previous posts, benefit communication is more critical now than ever before due to the changes employers face as a result of Health Care Reform. Expectations [...]
Temporary Guidance on the Employees Notice of Exchange Options
On May 8, 2013, the Department of Labor (DOL) provided temporary guidance and model notices that employers can use to inform their employees about the Exchanges. The original deadline for [...]
IRS Issues 2014 HSA Limits
The IRS announced the inflation-adjusted increases for thresholds applicable to HSAs and high-deductible health plans (HDHPs) for 2014 in Revenue Procedure 2013-25 last week. Photo credit: Forbes [...]
Why Online Benefits Enrollment is More Important than Ever
You've heard the noise about Health Care Reform. And so have your employees. You are likely planning a strategy for how your company will adapt when it comes to benefits. [...]
HCR Update: Departments Issue FAQ on Summary of Benefits and Coverage Changes
As part of Health Care Reform, each employer-sponsored plan must be accompanied by a Summary of Benefits and Coverage (SBC). Health and Human Services, the US Treasury and the Department [...]
Employers report increased effectiveness of wellness incentives
Recent studies indicate that employers are turning to incentives to drive the success of workplace wellness programs. For example, 83% of 800 large and mid-size American employers now use some [...]
6 Tips for Benefits Communication in 2013
2013 is a big year for benefits. As Human Resource departments, C-suite execs and benefits advisers prepare for open enrollment in 2013, we all face challenges. Regardless of the decision [...]