Insights - Bim Group

Recent Insights

Webinar: Group Health Plan Tasks Employers Should Complete by Plan Year-End and Open Enrollment Considerations

Tuesday, November 10, 2020 2:00 p.m. ET / 11:00 a.m. PT Register Now Join us this month for an overview of the essential group health plan tasks that should be completed by the end of the plan year and considerations for running a compliant open enrollment period. This webinar will: Provide an overview of whether […]

Read more

IRS Extends 2020 ACA Deadlines

( 2 MINUTE READ ) On Friday, October 2, 2020, the IRS released important guidance concerning employers’ obligations under the Affordable Care Act. IRS Notice 2020-76 applies to Internal Revenue Code (IRC) 6055 and 6056 reporting for 2020 and other ACA compliance items.  The notice extends the IRS deadline to furnish 1095-C and 1095-B forms […]

Read more

Compliance Questions of the Month

Question: Has the IRS extended good-faith relief when employers furnish or file incorrect or incomplete 2020 Forms 1094/1095 and extended deadlines for furnishing statements to individuals similar to relief provided in prior years? Answer: Yes. For an overview of the good-faith relief that has been extended and the extended deadlines for 2020 forms due in […]

Read more

EEOC Updates Guidance Related to COVID-19 Testing

( 2 MINUTE READ ) The Equal Employment Opportunity Commission (“EEOC”) recently updated its COVID-19 Guidance Page.  The revised guidance advised that general testing administered by employers consistent with current CDC guidance will meet the ADA’s “business necessity” standard. However, in order for an employer to test only one employee, the employer should have a reasonable objective […]

Read more

Webinar: How Employers Can Use Medical Loss Ratio Rebates and Other Health Insurer Refunds

Tuesday, October 13, 2020 2:00 p.m. ET / 11:00 a.m. PT Register Now Join us this month for an overview of the Medical Loss Ratio (MLR) and when employers will be entitled to an MLR rebate. We will discuss employer obligations regarding MLR rebate funds or other insurance refunds and the options that are available […]

Read more

Do you have employees working in the following states: California, the District of Columbia, New Jersey, Rhode Island or Vermont?

( 2 MINUTE READ ) If so, please continue reading. Employers with operations in states who are Applicable Large Employers (ALE) (companies with 50 or more employees) have an  additional state level ACA reporting requirement as part of the state’s Individual Mandate. The Individual Mandate requires individuals to purchase qualifying health coverage or pay a tax penalty unless […]

Read more

Webinar – Keep Your Sanity: How To Weave Self-Care Into Your Workday

As HR and business leaders you are constantly concerned about your team. Everyone depends on you to get things done, solve problems and stay compliant. Talk about stressful! If anyone deserves a lighter load, it’s you. During this 30-minute webinar we’ll offer some tips and guidance on practical things you can do to take care […]

Read more

Upcoming Changes to State Paid Leave Laws

( <1 MINUTE READ ) With new state employment laws continuously being enacted, it can be challenging to keep up on each change and ensure that your policies and practices are compliant. We have your solution. This digest is designed to keep you apprised of upcoming major state law changes in areas including paid sick […]

Read more

Payroll Tax Deferral: What It Means For Your Business And Employees

( <1 MINUTE READ ) On August 8, President Trump signed a memorandum that directed “the Secretary of the Treasury to use his authority to defer certain payroll tax obligations with respect to the American workers most in need” as a result of the coronavirus pandemic. The administration’s hope is that, by temporarily eliminating the […]

Read more

DOL Issues Revisions to the Families First Coronavirus Response Act

( 3 MINUTE READ ) On Friday, September 11, 2020, the U.S. Department of Labor’s Wage and Hour Division (WHD) posted revisions to regulations that implemented the paid sick leave and expanded family and medical leave provisions of the Families First Coronavirus Response Act (FFCRA).  These revisions are scheduled to take effect Wednesday, September 16, […]

Read more