Insights - Bim Group

Recent Insights

Webinar: Keep it Classy – Identifying Employees Properly

Tuesday, August 13, 2024 1 – 2PM CST Register Now Registration Code:UBA410EW   Attend this month’s webinar to learn how to properly classify employees for benefit eligibility. ​ Gain insights into:​​ Allowable employment-based classifications for benefits and contributions Risks arising from misclassifying or discriminating against employees Offering benefits to 1099 employees and related tax implications […]

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EEOC Issues Final Regulations for the Pregnant Workers Fairness Act

READ TIME: 6 MINUTES The Equal Employment Opportunity Commission (EEOC) has recently released extensive final regulations under the Pregnant Workers Fairness Act (PWFA). The regulations were published in the federal register on April 19, 2024, and will take effect on June 18, 2024. Here’s what employers need to know. Overview of PWFA The PWFA took […]

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Group Health Plan Fiduciaries are the Subject of New ERISA Class Actions

READ TIME: 5 MINUTES Retirement plan fiduciaries are no stranger to ERISA class action lawsuits. These lawsuits typically allege that imprudent processes and lack of oversight led to excessive fees for investment options, recordkeeping services, and investment management services. Similar class actions are beginning to find their way to group health plan fiduciaries thanks to […]

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HIPAA Privacy Rule to Support Reproductive Health Care Privacy

READ TIME: 6 MINUTES Following the Supreme Court’s decision in Dobbs v. Jackson Women’s Health Organization, which overturned Roe v. Wade and its constitutional protection of abortion, many states adopted extreme abortion bans and other restrictions on reproductive health care. Along with these new laws came concerns from both patients and providers that protected health […]

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Employers May Face New Challenges with IVF Coverage after Alabama Decision

READ TIME: 4 MINUTES Plan sponsors have been faced with challenges for the nearly two years since the Supreme Court issued its decision in Dobbs v. Jackson Women’s Health Organization, which overturned federal abortion protections established by Roe v. Wade. The Dobbs decision caused many employers to reconsider the types of reproductive care they would […]

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EEOC Issues Final Regulations for the Pregnant Workers Fairness Act

READ TIME: 6 MINUTES The Equal Employment Opportunity Commission (EEOC) has recently released extensive final regulations under the Pregnant Workers  Fairness Act (PWFA). The regulations were published in the federal register on April 19, 2024, and will take effect on June 18, 2024. Here’s what employers need to know. Overview of PWFA The PWFA took […]

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May 2024 Compliance Recap

READ TIME: 7 MINUTES In May, employers sponsoring self-funded medical plans or an applicable HRA began preparing to submit the PCORI fee, due July 31. The IRS released inflation-adjusted amounts for 2025 HSAs, EBHRAs, and HDHPs. The ACA Section 1557 nondiscrimination regulations were finalized, broadening the definition of impacted entities. The Medical Debt Cancellation Act […]

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Webinar: Understanding FMLA and State Paid Family Medical Leave Plans

Tuesday, July 9, 2024 1 – 2PM CST Register Now Registration Code:UBA410EW   Attend this month’s webinar to learn how to recognize covered employers, eligible employees, and qualifying reasons for leave under the Family and Medical Leave Act (FMLA). Gain insights into:​​ The coordination of federal and state family medical leave The FMLA’s interaction with […]

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Webinar: Mastering COBRA Every Day and in M&A

Tuesday, June 11, 2024 1 – 2PM CST Register Now Registration Code:UBA410EW   Attend this month’s webinar to learn how to administer COBRA effectively. Gain insights into: The determining factors for employer and employee COBRA eligibility The interaction between COBRA and leaves of absence Health plans and tax-favored accounts that can be used with COBRA […]

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HHS Finalizes Section 1557 Nondiscrimination Regulations under the Affordable Care Act

READ TIME: 7 MINUTES The Office of Civil Rights (OCR) at the U.S. Department of Health and Human Services (HHS) together with the Centers for Medicare and Medicaid Services (CMS) released regulations under Section 1557 of the Affordable Care Act (the “Final Rule”) on April 26, 2024. These final regulations follow almost two years after […]

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