Benefits of Health Insurance | Chicago Benefits Agency

Why should you consider getting health insurance? How does it help your family? What are the services it provides? Watch this video to find out!

The News About Association Health Plans | Illinois Employee Benefit Brokers

On June 19, 2018, the U.S. Department of Labor released its Final Rule regarding Association Health Plans (AHPs). AHPs are not new, but they have not been widely available in the past and, in some cases, they have not been successful. The Final Rule is designed to make AHPs available to a greater number of … Continued

6 Questions on Dependent Care Spending Accounts | Chicago Benefit Advisors

School’s out! Summer is here, and it’s the time of year when working parents have questions about using their Dependent Care Spending Accounts (DCSAs). Are summer camp expenses eligible? What about day versus overnight camps? Employers and benefit advisors want to be ready with answers about this valuable benefit program. The following are the top … Continued

IRS Changes Course (Again) and Restores 2018 HSA Family Limit to $6,900 | Chicago Benefits Advisors

Friday, April 27, the Internal Revenue Service (IRS) announced that the 2018 annual contribution limit to Health Savings Accounts (HSAs) for persons with family coverage under a qualifying High Deductible Health Plan (HDHP) is restored to $6,900. The single-coverage limit of $3,450 is not affected. This is the final word on what has been an … Continued

Grandmothers Can Visit a Little Longer | Chicago Benefits Brokers

States that permit carriers to renew medical policies without adopting various Affordable Care Act (ACA) requirements may continue to do so through 2019, according to a bulletin released April 9, 2018, by the U.S. Department of Health and Human Services. The bulletin extends transitional relief for non-ACA-compliant policies for another year. The affected category of … Continued

Benefit Plan Design: Charging Employees Different Premiums | Chicago Benefit Advisors

Employers who are designing a health and welfare benefit plan for their employees often wonder about the rules relating to setting premiums for employees. Employers generally have significant flexibility in this part of their plan’s design. Common structures contemplated by employers include, but are not limited to: Charging all employees a flat amount for their … Continued