Compliance Recap - October 2019

Posted by Matt Schwartz on Thu, Nov 7, 2019 @ 08:11 AM

October was a relatively quiet month in the employee benefits world.

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Topics: Compliance Issues, Affordable Care Act, Employee Benefits

The 6 Most Popular Fertility Benefits

Posted by Matt Schwartz on Wed, Nov 6, 2019 @ 10:11 AM

Employers are now offering a wide variety of family-friendly benefits in an attempt to attract top talent. Due in part to an increasingly competitive job market, more inclusive options are becoming a necessary trend.

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Topics: Employee Benefits

Play or Pay Penalty and Counting Employees - Updated

Posted by Matt Schwartz on Mon, Oct 28, 2019 @ 08:10 AM

Beginning in 2015, to comply with the Patient Protection and Affordable Care Act (ACA) “large” employers must offer their full-time employees health coverage, or pay one of two employer-shared responsibility/ play or pay penalties.

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Topics: Compliance Issues, Affordable Care Act, Employee Benefits

Webinar: Group Health Plan Tasks that Employers Should Complete by the Plan Year-End

Posted by Matt Schwartz on Thu, Oct 24, 2019 @ 14:10 PM

Tuesday, November 12, 2019
2:00 p.m. ET / 11:00 a.m. PT

This webinar will discuss tasks that employers should complete by the end of the plan year:

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Topics: Employee Benefits, Learning Events

How to Interpret Your Explanation of Benefits (EOB)

Posted by Matt Schwartz on Wed, Oct 23, 2019 @ 10:10 AM

After you see a doctor and receive your insurance statement, also called an Explanation of Benefits (EOB), trying to decipher the money you spent, the money you are due, and the money you owe can be very confusing.

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Topics: Employee Benefits, Personal Insurance

Meet Core Value Winner: Jenna Corwin - October 2019

Posted by Matt Schwartz on Tue, Oct 22, 2019 @ 12:10 PM

Every month, Schwartz Insurance Group selects a peer-nominated associate to receive a Core Value Award. The winner is chosen because they "lived" one of our agency's core values - typically an event or accomplishment above and beyond the call of duty in serving our customers. This month, Jenna Corwin has "lived" our core value of "Consider it Done." 

Here's her story:

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Topics: Employee Benefits, Core Value Winner

Facts About Critical Illness Insurance

Posted by Matt Schwartz on Mon, Oct 21, 2019 @ 09:10 AM

As pointed out in an Employee Benefit News article, critical illness insurance has been around for three decades, but it’s still growing and evolving to meet the ever-changing needs of employees.

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Topics: Employee Benefits, Personal Insurance

Tri-Agency Final Rules on Health Reimbursement Arrangements - Updated

Posted by Matt Schwartz on Mon, Oct 14, 2019 @ 08:10 AM

On September 30, 2019, the Internal Revenue Service (IRS) published its proposed rules to clarify how the employer shared responsibility provisions and Section 105(h) nondiscrimination rules apply to health reimbursement arrangements (HRAs) and other account-based group health plans that are integrated with individual health insurance coverage or Medicare.

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Topics: Compliance Issues, Affordable Care Act, Employee Benefits

Final FAQs, Model Disclosure Form, and Enforcement Fact Sheet Regarding Mental Health and Substance Use Disorder Parity

Posted by Matt Schwartz on Fri, Oct 11, 2019 @ 11:10 AM

The U.S. Departments of Labor (DOL), Health and Human Services (HHS), and the Treasury (collectively, the “Departments”) released final FAQs About Mental Health and Substance Use Disorder Parity Implementation and the 21st Century Cures Act Part 39.

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Topics: Compliance Issues, Affordable Care Act, Employee Benefits

Compliance Recap - September 2019

Posted by Matt Schwartz on Fri, Oct 4, 2019 @ 10:10 AM

 

September was a busy month in the employee benefits world.

The U.S. Senate confirmed Eugene Scalia as the new Secretary of the Department of Labor (DOL).

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Topics: Compliance Issues, Affordable Care Act, Employee Benefits