Written By: Derek Winn If you rely on your health plan, and cannot afford to lose your plan and be non-renewed for failing an audit, here are some helpful tips to make sure you are compliant, and can pass any audit with ease. Carriers are Read On >
Business Benefits Blog
How to Reduce Out of Pocket Exposure for Employees
Written by Derek Winn Over the past decade, health plans have undergone a myriad of changes to help keep benefit costs manageable. One of the most common strategies to cut costs is to increase out of pocket exposures, and take some risk off of Read On >
Measures to Help Ensure Your 2012 Benefit Goals are Exceeded
Written by Derek Winn We typically find that companies have several goals regarding their benefit options that they seek to meet or exceed each year. These could be anything from reducing costs, to enhancing offerings for their Employees. Here Read On >
Online Tax Tools and Resources for Small Businesses
Small employers and self-employed individuals can find answers to tax questions, educational materials and other tools to help run their businesses in the Small Business and Self-Employed Tax Center, available on the IRS website. The site provides Read On >
Proposed Rules Follow Amendments to FMLA Military Family Leave Provisions
New rules have been proposed to implement 2010 amendments to the military family leave provisions of the federal Family and Medical Leave Act (FMLA), which provide for qualifying exigency leave (to address special issues arising from active duty or Read On >
Independent Contractor or Employee?
As an employer, it is very important that you correctly determine whether individuals working for your company are employees or independent contractors. This will affect whether workers are entitled to benefits, how much you pay in taxes, whether you Read On >
Change in Effective Dates for New Retirement Plan Fee Disclosures
Beginning later this year, plan administrators will be required to provide workers who make their own investment decisions in 401(k)-type retirement plans with certain information about plan and investment costs, including quarterly statements Read On >
Payroll Tax Cut Extended Through the End of 2012
Employees will continue to receive larger paychecks for the rest of this year based on a lower Social Security tax withholding rate of 4.2%. This reduced rate (from 6.2% to 4.2%), originally in effect for all of 2011, was previously extended through Read On >
Updated Model CHIP Notice for Employers
An updated model notice for employers to provide information on eligibility for premium assistance under Medicaid or the Children's Health Insurance Program (CHIP) is now available for download. Annual Notice Requirement Employers that provide Read On >
Special Health Care Reform Update: New Summary of Benefits and Coverage (SBC) Notice Requirements Delayed – 5 Q&As for Employers
Final rules have been issued relating to the requirement under Health Care Reform that group health plans provide participants and beneficiaries a summary of benefits and coverage (SBC) and related notices. The final rules include a 6-month delay in Read On >