The World Health Organization (WHO) expanded its definition of burnout as an “occupational phenomenon,” giving credence to a set of conditions that many have experienced but not been able to name. According to WHO, burnout is characterized by “feelings of energy depletion or exhaustion; increased mental distance from one’s job, or feelings of negativism or cynicism related […]
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Consolidated Appropriations Act, 2021 Part 3 Temporary Health FSA and DCAP Relief
(10 MINUTE READ) Update 2/22/21: The Internal Revenue Service (IRS) issued Notice 2021-15 clarifying the relief provided under the Appropriations Act for health FSAs and DCAPs and provides additional cafeteria plan relief. The Consolidated Appropriations Act, 2021 (Appropriations Act), enacted on December 27, 2020, contains temporary rules to provide relief for participants in health flexible […]
Read moreProposed Rules on Wellness Programs subject to the ADA or GINA
(4 MINUTE READ) 2/23/2021 Update: The proposed rules on wellness programs described below have been withdrawn by the EEOC pursuant to the Biden Administration regulatory freeze. Until further action is taken, the current final rules on wellness programs remain in effect. See our Advisor on the current wellness program rules. The Equal Employment Opportunity Commission […]
Read moreCompliance Recap: January 2021
( 7 MINUTE READ ) January was a busy month in the employee benefits world. President Biden issued a memorandum putting a regulatory freeze on new rules. President Biden also issued an executive order on strengthening Medicaid and the Patient Protection and Affordable Care Act (ACA). The Department of Labor (DOL) released inflation-adjusted federal civil […]
Read moreWebinar: Consolidated Appropriations Act, 2021 Group Health Plan Considerations and COVID-19 Vaccine Wellness
Tuesday, March 9, 2021 2:00 p.m. ET / 11:00 a.m. PT Register Now On December 27, 2020, the Consolidated Appropriations Act, 2021 (Appropriations Act) was enacted. The Appropriations Act contains various provisions affecting group health plans including health flexible spending arrangement (health FSA) and dependent care flexible spending arrangement (DCAP) relief, mental health and substance […]
Read moreCompliance Recap: December 2020
( 6 MINUTE READ ) December was a busy month in the employee benefits world. President Trump signed the Consolidated Appropriations Act, 2021, which includes the No Surprises Act and other group health plan provisions. The Centers for Disease Control Advisory Committee on Immunization Practices (ACIP) issued two interim recommendations for COVID‑19 vaccines. The Department […]
Read moreWebinar: Complying with the Final Rules on Transparency in Group Health Plan Coverage
Tuesday, February 9, 2021 2:00 p.m. ET / 11:00 a.m. PT Register Now On October 29, 2020, the Internal Revenue Service (IRS), Department of Labor (DOL), and the Department of Health and Human Services (HHS), released final rules on coverage transparency for group health plans that will begin to take effect on January 1, 2022. […]
Read moreNew York Life’s Acquisition of CIGNA Group Insurance is Complete
The New York Life acquisition of Cigna Group Insurance (CGI) is complete and Cigna Group Insurance is now New York Life Group Benefit Solutions. The full transition to New York Life will take several months. Your CIGNA service team is not changing and at this time there are no changes to your service sites, customer […]
Read moreHappy Holidays from Bim Group!
Thank you for the confidence and trust your company has placed in Bim Group to manage your employee benefit plan throughout this challenging and at times uncertain year. As we reflect on the privilege to serve our clients, we are honored to contribute to the following organizations that make a meaningful difference in the lives […]
Read moreWebinar: COVID-19 Compliance Considerations for Group Health Plans in 2021
Tuesday, January 12, 2021 2:00 p.m. ET / 11:00 a.m. PT Register Now Due to the COVID-19 pandemic, Congress has issued legislation affecting group health plan requirements and the Department of Labor (DOL), Department of Health and Human Services (HHS), and Internal Revenue Service (IRS) have issued guidance on requirements for group health plans as […]
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