Insights - Bim Group

Recent Insights

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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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, […]

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DOL Issues Guidance on Tracking Remote Work Hours and Childcare Leave Eligibility on Child’s Remote Learning Days

( 3 MINUTE READ ) The DOL issued guidance on the employer’s obligation to track the hours worked by remote employees.  Under the Fair Labor Standards Act (“FLSA”), employers are required to pay their employees for all hours worked, including work not requested, but suffered or permitted. This includes work performed at home. If through […]

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Compliance Recap: August 2020

August was a relatively busy month in the employee benefits world. The Congressional Research Service (CRS) released an updated report on health savings accounts (HSAs) that summarizes the principal rules governing HSAs and changes made to HSAs as a result of the COVID-19 pandemic. The Department of Health and Human Services Office for Civil Rights […]

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ACA Advisor: Update on Nondiscrimination Regulations Relating to Sex, Gender, Age, and More

The Patient Protection and Affordable Care Act (ACA) Section 1557 provides that individuals shall not be excluded from participation in, denied the benefits of, or be subjected to discrimination under any health program or activity which receives federal financial assistance from the Department of Health and Human Services (HHS), on the basis of race, color, national […]

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Webinar: Considerations for Employers Moving to an ICHRA Group Health Plan Offering

Tuesday, September 8, 2020 2:00 p.m. ET / 11:00 a.m. PT Register Now This month’s webinar will provide an overview of the final rules on health reimbursement arrangements regarding individual coverage health reimbursement arrangements and the proposed rules regarding nondiscrimination and affordability. We will also discuss best practices for employers considering offering an individual coverage […]

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