USEFUL RESOURCE: Patient-Centered Outcomes Research Institute Fees Due July 31

By Kelly Moore | Jul 16, 2019

ACA Compliance Alert — The Affordable Care Act (ACA) requires health insurance issuers and self-insured plan sponsors to pay Patient-Centered Outcomes Research Institute fees (PCORI fees). The fees are reported and paid annually using IRS Form 720 (Quarterly Federal Excise Tax Return). The PCORI fees do not apply for plan years ending on or after…

Read More

California Approves New Health Insurance Mandate

By Kelly Moore | Jul 9, 2019

When the Affordable Care Act was passed, there was a mandate to tax people who refused to buy health insurance. Then Congress voted to abolish the mandate in 2017. And now, at least here in the great state of California, the mandate is back. The California Legislature voted recently to reinstate the health insurance mandate…

Read More

2020 ACA Plan Premiums Likely to Be All Over the Map According to New Brief

By Kelly Moore | Jul 2, 2019

With 2019 at the half-way-point, businesses are beginning to plan for 2020. And with that comes the possibility of ACA health plan premium increases. But according to a new brief issued by the American Academy of Actuaries, plan premiums could be all over the place for a variety of reasons.  The top factor that will likely…

Read More

New Rule Allows Health Reimbursement Accounts to be Used for Individual Coverage

By Kelly Moore | Jun 25, 2019

Remember how Health Reimbursement Accounts (HRAs) had this restriction on them that they couldn’t be used by employees to purchase individual health insurance?  Well, that was true…last week.   But now, the U.S. Departments of the Treasury, Labor, and Health and Human Services (tri-agencies) have issued a final rule allowing employees to use the dollars in employer-funded…

Read More

Useful Resource: HSA/HDHP Limits Increase for 2020

By Kelly Moore | Jun 18, 2019

On May 28, 2019, the IRS released Revenue Procedure 2019-25 to announce the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2020. These limits include: The maximum HSA contribution limit; The minimum deductible amount for HDHPs; and The maximum out-of-pocket expense limit for HDHPs. Download this resource Resources like…

Read More

Like a Glove: The Power of Fit

By Kelly Moore | Jun 11, 2019

Did you know that more than 75 percent of the decision to hire a new team member is based on cultural “fit.” So what is this magical and highly subjective thing called “fit” and how do YOU know when it’s right? We sat down with renowned staffing/placement expert Kathy Dawson of Dawson & Dawson recently…

Read More

VIDEO: Association Health Plans Update

By Kelly Moore | Jun 4, 2019

What’s the latest with association health plans? Watch as employee benefits expert Kelly Moore provides an update.

Read More

The WHO Says Burnout is Now an Official Medical Diagnosis

By Kelly Moore | May 28, 2019

That feeling of extreme work-related stress that we’ve known for years as “burnout” is now an official medical diagnosis according to the World Health Organization (WHO). The WHO (not the legendary rock band) publishes a handbook that guides medical providers in diagnosing diseases called the International Classification of Diseases or ICD-11 (of course!) and this…

Read More

RESOURCE: ACA Violations and Penalities

By Kelly Moore | May 21, 2019

The Affordable Care Act (ACA) includes numerous reforms for group health plans and creates new compliance obligations for employers and health plan sponsors. The ACA, for example, requires health plans to eliminate pre-existing condition exclusions and provide coverage for preventive care services without cost-sharing. Some of the reforms for health plans apply to all health…

Read More

EEOC, Yeah You Know Me!  

By Kelly Moore | May 14, 2019

Oh get your popcorn ready, folks, cause your friends (and ours) at the Equal Employment Opportunity Commission (EEOC) have finally finalized their EEO-1 Reporting Requirements, and with a twist. First, who needs to care?  Only two categories of employers need to submit EEO-1 data: Organizations with 100 or more employees (excluding public primary and secondary schools,…

Read More