In the Benefit and Payment Parameters for 2016 Final Rule issued in February of 2015, federal agencies included a clarification that annual cost-sharing limitations for self-only coverage apply to all individuals, regardless of whether the individual i…
By Linda Rowings, Chief Compliance Officer at United Benefit Advisors On February 13, 2015, the regulatory agencies issued an FAQ on whether supplemental health insurance coverage that provides additional categories of benefits may qualify as supplemental excepted benefits. Many provisions of PPACA do not apply to excepted health benefits. Supplemental excepted benefits are those that … Continued
By Linda Rowings, Chief Compliance Officer at United Benefit Advisors Beginning in 2018, plans that provide coverage that exceeds a threshold will owe an excise tax that is frequently referred to as the “Cadillac tax.” The threshold generally will be $10,200 for single benefits and $27,500 for benefits provided to an employee, retiree, or member … Continued
Who doesn’t like cake? Who doesn’t like a party? Who doesn’t like to get recognized? Potentially, HR managers don’t like these because they can often go awry. Birthday celebrations can be a legal and possibly morale-killing land mine.
Who doesn’t like cake? Who doesn’t like a party? Who doesn’t like to get recognized? Potentially, HR managers don’t like these because they can often go awry. Birthday celebrations can be a legal and possibly morale-killing land mine.
By Bill Olson, Chief Marketing Officer at United Benefit Advisors Our recent blog reviewed the highlights of the new employer and insurer reporting requirements. UBA has created this quick reference chart to help you sort out who should use which form, and when: For comprehensive information on coverage requirements, due dates, special circumstances, controlled groups … Continued
On February 20, 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 incre…
As mentioned in the first posting, wellness programs must be analyzed under a myriad of laws and regulations. This post will discuss generally the wellness program landscape in light of the Americans with Disabilities Act (ADA)/Americans with Disabilities Act Amendments Act (ADAAA), the Genetic Information Non-Discrimination Act (GINA), the Patient Protection and Affordable Care Act … Continued
Who would have thought that being a “couch potato” could be detrimental to your health? Seriously, if you thought it was okay to sit all day, then you need to evaluate your personal health even if you exercise regularly.
Many employers look at employee benefits as a commodity, bidding out their plans annually — and who can blame them? Rising health care costs coupled with a challenging economic environment have forced many human resources decision-makers to focus heav…