Health Checklist for Men Over 40 | Chicago Employee Benefits

By Stacey Anderson www.livestrong.com Compared to women, men tend to drink more, suffer more from stress and seek medical advice less often. However, men are also living longer and their lifespan is catching up to women. Make sure that your later years are as healthy as possible. As you age past 40, following health recommendations … Continued

Congress Taking (Small) Steps for Employee Wellness Programs | Chicago Benefits Broker

by Jennifer Kupper In-house Counsel for iaCONSULTING, a UBA Partner Firm The Patient Protection and Affordable Care Act (PPACA) specifically encourages and promotes the expansion of wellness programs in both the individual and group markets. In the individual market, the secretaries of the departments of Health and Human Services (HHS), Treasury, and Labor are directed … Continued

Industry Differences Among Health Savings Accounts

While recent survey data shows that, on average, employers are decreasing the amount they’re willing to contribute to employee Health Savings Accounts (HSAs), there are some industries that have not seen such trends.

Cost Sharing Limits Changing for 2016 | Byrne, Byrne & Company

By Danielle Capilla, Chief Compliance Officer at United Benefit Advisors In the Benefit and Payment Parameters for 2016 Final Rule issued in February 2015, federal agencies included a clarification that annual cost-sharing limitations for self-only coverage apply to all individuals, regardless of whether the individual is covered by a self-only plan or is covered by … Continued

Congress Taking (Small) Steps for Employee Wellness Programs | IL Employee Benefits

By Jennifer Kupper The Patient Protection and Affordable Care Act (PPACA) specifically encourages and promotes the expansion of wellness programs in both the individual and group markets. In the individual market, the secretaries of the departments of Health and Human Services (HHS), Treasury, and Labor are directed to establish a pilot program to test the … Continued

HRAs, HSAs, and Health FSAs – What’s the Difference?

Health reimbursement arrangements (HRAs), health savings accounts (HSAs) and health care flexible spending accounts (HFSAs) are generally referred to as account-based plans.

Supreme Court Hears Oral Argument in Subsidy Eligibility Battle | Chicago Benefits Broker

By Danielle Capilla, Chief Compliance Officer at United Benefit Advisors On March 4, 2015, the U.S. Supreme Court heard oral arguments in King v. Burwell, a case that centers on the meaning of statutory language in the Patient Protection and Affordable Care Act (PPACA). At question in the case is whether or not the Internal … Continued

PPACA’s Impact on How CDHPs and HSAs Work Together | Chicago Employee Benefits

By Bill Olson, Chief Marketing Officer at United Benefit Advisors Employer health savings account (HSA) funding strategies have changed in recent years in response to the Patient Protection and Affordable Care Act (PPACA) and its impact on employer-sponsored health insurance plans. Employers are contributing less, on average, to HSAs and the increase in popularity of … Continued

Final Rule Issues Standards for Insurers and Marketplaces in 2016 | IL Benefits Broker

By Linda Rowings, Chief Compliance Officer at United Benefit Advisors Recently, the Centers for Medicare and Medicaid Services and the Department of Health and Human Services issued a Final Rule with standards for insurers and Marketplaces in 2016, covering topics such as transparency in health insurance rate increases, formulary drug lists, drug mail order opt … Continued

UBA Compliance Recap March 2015

Coming off a busy February, regulatory agencies were noticeably quiet during the month of March.

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