Recent Insights

Artificial intelligence is already part of the workplace. Employees are using generative tools to draft emails, summarize documents, build presentations, analyze data, and accelerate research. In many cases, these tools appeared before organizations had formal policies in place. The result is a familiar tension: leadership recognizes the productivity benefits of AI, but concerns remain around […]

Bim Group is honored to be named a Best Place to Work (BPTW) in Kentucky for the 21st year in a row! It truly never gets old and we are extremely proud of our perennial recognition as a “Best Place to Work” employer – a designation bestowed on our company by our employees. We have a unique […]

Under the Consolidated Appropriations Act (CAA), health insurers offering group or individual health coverage and self-funded group health plans are required to report data annually regarding prescription drugs and healthcare spending to the Departments of Health and Human Services, Labor, and Treasury (Tri-Agencies). The next required submission date to report 2025 data is June 1, […]

READ TIME: 6 MINUTES Providing paid family and medical leave can be a valuable benefit for employees, but it also creates direct payroll costs for employers. To encourage employers to offer paid leave programs, federal tax law includes a Paid Family and Medical Leave (PFML) employer tax credit under Internal Revenue Code Section 45S. This credit allows […]

Schlichter Bogard LLC, a law firm well-known for filing lawsuits against retirement plan fiduciaries (and recently health and welfare plan fiduciaries), filed separate class action lawsuits against four employers, their employee benefit plan fiduciaries, and their employee benefit brokers and consultants, alleging these parties breached their fiduciary duties with respect to voluntary accident, critical illness, […]

Please Review:  Employer groups currently with or formerly with Anthem as medical insurance carrier or TPA. We want to make you aware of a data security incident regarding Conduent Business Services, a subcontracted vendor for Anthem Blue Cross / Blue Shield (Elevance Health). Based on the information that has been shared with our team, the […]

The Affordable Care Act (ACA) created mandatory reporting requirements for employers to disclose information about group health plan coverage to both plan participants and the IRS using Forms 1094 and 1095. The Form 1095-B/Cs must be prepared and electronically filed with the IRS by March 31st of each year. Employers are no longer required to […]

As the new year begins, employees will be turning their attention to the benefits they selected during open enrollment. While their choices are final, many still feel unsure about how to use their coverage throughout the year. With rising healthcare costs and growing interest in everyday well-being, employees want support that helps them make confident […]

Lexington, Kentucky — Bim Group is proud to announce a donation of $12,000 to Stable Recovery, a local charity dedicated to helping individuals overcome addiction and rebuild their lives. This contribution reflects Bim Group’s commitment to supporting initiatives that create lasting positive change within the community. Addiction continues to be a significant challenge in Central Kentucky, […]