A mandatory labor law notice has been released – the Families First Coronavirus Response Act Notice. This notice must be displayed in the workplace and emailed to those working from home by April 1. The mandatory posting applies to “All employers covered by the paid sick leave and expanded family and medical leave provisions of […]
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IRS Extends HSA Contribution Deadline to July 15, 2020
Yesterday, March 24, 2020 the Internal Revenue Service (IRS) indicated that it has extended tax filing and payment deadlines from April 15, 2020 to July 15, 2020 due to the ongoing COVID-19 pandemic. You can view the official notice here. In addition, the deadline for 2019 contributions to IRAs and Health Savings Accounts is also […]
Read moreFamily First Coronavirus Response Act
In response to the spread of the 2019 Novel Coronavirus (COVID-19), President Trump signed the Family First Coronavirus Response Act (Act) on March 18, 2020. The Act is an economic stimulus plan that affects coverage and cost-sharing for COVID-19 testing and provides expanded federal family and medical leave and a new federal paid sick leave […]
Read moreIntroducing Tuesday Talk with Bim! LIVE Compliance Q&A Sessions
We invite you to join Tuesday Talk with Bim, our NEW live Facebook discussion series hosted by Deanna Sizemore, Bim Group’s Director of Compliance. Deanna will be on Facebook Live to answer any general compliance questions you have in real-time. In light of the current pandemic, this is a great opportunity to ask any COVID-19 […]
Read moreBim Group COVID-19 Update
The safety of our team members, their families, and our community are the first and foremost concerns of Bim Group’s leadership team as we all continue to manage the impact of COVID-19 in the US. As a health care professional services provider, we also want to provide our clients and their employees with great confidence […]
Read moreCoronavirus (COVID-19) Update
We are staying abreast of government and carrier actions related to COVID-19 and employer group health plans. With the announcement of some carriers waiving cost-shares (deductible, copay, etc) for COVID-19 testing and treatment, there was a concern over maintaining the eligibility of high-deductible health plans (HDHPs). As of yesterday, March 11, 2020, the Internal Revenue […]
Read moreInformation Regarding Coronavirus (COVID-19)
The continued spread of COVID-19 across our region has growing implications for employers and employees. We continue to monitor the status of COVID-19 and how it impacts our clients and the Bim Group team. Insurance carriers and third-party administrators have begun to assess the impact of this event as it relates to potential benefit plan modifications/accommodations. Many of our clients are already receiving information directly from […]
Read moreCompliance Recap: February 2020
February was a busy month in the employee benefits world. The Centers for Medicare and Medicaid Services (CMS) released an updated Premium Assistance Under Medicaid and the Children’s Health Insurance Program (CHIP) model notice. CMS also issued frequently asked questions (FAQs) regarding its recently issued summary of benefits and coverage (SBC) template for plan years […]
Read moreWebinar: What Employers Need to Know about HIPAA and HITECH
Tuesday, March 10, 2020 2:00 p.m. ET / 11:00 a.m. PT Register Now The Health Insurance Portability and Accountability Act (HIPAA), its administrative simplification regulations, and the Health Information Technology for Economic and Clinical Health Act (HITECH) provide administrative, privacy, and security standards for health plans and their business associates. The extent to which HIPAA […]
Read moreHR Elements: Aligning with the C-Suite Agenda
If your CEO’s Gmail calendar looks more like a colorful bar graph than a few simple meetings, it can be difficult to capture and retain their attention. Your “C-suite” (CIOs, CEOs, CTOs, CMOs, CFOs, etc.) have a lot of responsibility placed on their shoulders and are likely involved in many key decisions throughout the day. […]
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