Health Insurance and Large Groups — Understand How Your Premiums Are Calculated

Jill GouletAffordable Care Act - ACA, Employee Benefits, Health Insurance, Human Resource Consulting

As an employer, one of the most valuable benefits you can offer to your employees is health insurance. For larger groups of 51 employees or more, you’ll likely have group health insurance coverage. This is a policy you’ll typically purchase from a broker (so you get the best deal) that you can then offer to all of your eligible employees. … Read More

Millennials and Healthcare — What Are They Looking For?

Jill GouletAffordable Care Act - ACA, Employee Benefits, Health Insurance, Wellness Programs

As the fastest-growing generational group, millennials (people born between the mid-1980s and the turn of the century) are a vital part of a strong workforce. If you want to attract millennials to your business, it’s important to understand what they need and more importantly, what they want. In addition to a good salary and a positive work environment, the benefit … Read More

Why medium-sized groups should steer clear of the Obamacare marketplace

Jill GouletAffordable Care Act - ACA, Employee Benefits, Health Insurance, Uncategorized

While the Affordable Care Act has helped over 20 million people get health insurance, it’s not always the best choice. Although it’s been a tremendous asset to millions of self-employed, part-time employees, and others who weren’t covered before, it’s not always right for employers. If you’re a medium-sized (or larger) employer or administering a medium-sized or bigger group, Obamacare isn’t … Read More

Changes from the Affordable Care Act in 2017 — What you need to know

Jill GouletAffordable Care Act - ACA, Employee Benefits, Health Insurance, Human Resource Consulting, Risk Management

The Affordable Care Act is making some changes in 2017 and if you’re providing health insurance via a group plan you need to make sure you’re compliant. Here’s a quick guide to the main changes and what you need to do to ensure you meet all the new guidelines and regulations. Remember, we’re here to help, so if you have … Read More

2016 Federal Budget Delays ACA’s Cadillac Tax & Suspends Two Other Taxes

MbauerAffordable Care Act - ACA, Employee Benefits, Health Insurance

On Dec. 18, 2015, President Barack Obama signed a federal budget bill for 2016 into law, which makes significant changes to three tax provisions under the Affordable Care Act (ACA). This new law: Delays implementation of the ACA’s Cadillac tax on high-cost group health coverage for two years, until 2020 Imposes a one-year moratorium on the collection of the ACA’s … Read More

How to handle the challenges of an aging workforce

Dave SinclairAffordable Care Act - ACA, Business Insurance, Construction Industry, Contractors insurance, Employee Benefits, Human Resource Consulting, Risk Management, Uncategorized, Workers Compensation0 Comments

Take a look in the mirror…were those gray hairs there yesterday? Take a look around your office…could you be asking the same question? Nobody’s getting younger, not even me! But the American workforce is rapidly aging, creating a number of challenges for businesses of all types and sizes. The secular trend is stark: From 1976 to 2006, the percentage of … Read More

Senate Passes ACA Small Group Market Rule Repeal

MbauerAffordable Care Act - ACA, Business Insurance, Employee Benefits, Risk Management

  On Oct. 1, 2015, the U.S. Senate passed legislation repealing the Affordable Care Act (ACA) requirement that the small group market in every state be expanded to include businesses with 51-100 employees.   The Protecting Affordable Coverage for Employees (PACE) Act was passed by the U.S. House of Representatives earlier in the week. It has been reported that President Obama … Read More

2015 Draft Instructions for 6055 and 6056 Reporting Include Filing Extensions

Jill GouletAffordable Care Act - ACA, Business Insurance, Employee Benefits, Health Insurance0 Comments

The Affordable Care Act (ACA) created new reporting requirements under Internal Revenue Code (Code) Sections 6055 and 6056. Under these new reporting rules, certain employers must provide information to the IRS about the health plan coverage they offer (or do not offer) or provide to their employees. Reporting is first required in 2016, related to coverage offered or provided in … Read More