Benefit Insurance Marketing is pleased to extend an invitation to attend our upcoming monthly compliance Webinar. In conjunction with our alliance with United Benefit Advisors, you have the opportunity to learn more about the latest compliance trends and regulations from one of the nations leading employment and benefit law firms, Jackson Lewis LLP. Best of all, you can […]
Read moreCategory: Notices
Compliance Recap // November 2015
As 2015 winds down, federal agencies are working to provide updates and proposed or final regulations. The Patient Protection and Affordable Care Act’s (ACA) auto-enrollment requirement was repealed, implications of the PACE Act were clarified, a proposed rule relating to the Genetic Information Nondiscrimination Act (GINA) and wellness programs was released, and a final rule […]
Read moreReminder – 2016 ACA Reporting Requirements
Minimum Essential Coverage (MEC) (Section 6055) and Large Employer (Section 6056) reporting are required by the Affordable Care Act (ACA) to help the Internal Revenue Service (IRS) administer compliance with the individual and employer mandates. The insurance carrier is responsible for MEC reporting on individuals covered under fully insured health plans. Employer clients are responsible for […]
Read moreSeating is limited! Sign up now our monthly webinar series – The $36,000 Question: An In-Depth Review of the ACA’s $100 a Day Penalty
Benefit Insurance Marketing is pleased to extend an invitation to attend our upcoming monthly compliance Webinar. In conjunction with our alliance with United Benefit Advisors, you have the opportunity to learn more about the latest compliance trends and regulations from one of the nations leading employment and benefit law firms, Jackson Lewis LLP. Best of all, you can […]
Read moreCompliance Recap // September 2015
Compliance Recap September 2015 After a slow summer, federal agencies picked up the pace in September, with a large assortment of guidance, proposed rules, and updated forms and instructions. Nondiscrimination regulations were proposed, a temporary safe harbor was announced for summary and benefits of coverage, and the 2015 6055/6056 reporting forms and instructions were finalized, […]
Read moreTemporary Safe Harbor for Online Posting of SBCs
A Summary of Benefits and Coverage (SBC) is four-page (double-sided) communication required by the federal government under the Patient Protection and Affordable Care Act (ACA). It must contain specific information, in a specific order and with a minimum size type, about a group health benefit’s coverage and limitations. An SBC is required whenever application or […]
Read moreGuest Blog – Summary Annual Reports are due by September 30th!
The ABV Benefits Advisor (originally published by ABVAdvisors on September 28, 2015) What do you need to know about Form 5500 and the Summary Annual Report (SAR) for welfare benefit plans? The Department of Labor requires plan administrators to report certain enrollment and insurance information for welfare benefit plans each year. To comply with […]
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