Briggs founded Bim Group in 1980 after graduating from the University of Kentucky with a degree in Business Administration. Under Briggs’ leadership, Bim Group has grown into a regional market leader while earning a reputation for delivering exceptional value in all aspects of employee benefit consulting. Briggs’ practice primarily serves employers with 100+ employees with emphasis on clients who have adopted a merger and acquisition growth strategy or have a global footprint and workforce. Briggs has also worked extensively with senior corporate leaders in establishing select executive compensation plans. He has served on numerous employee benefits related private and public advisory committees and is a frequently requested speaker on employee benefits matters. Briggs is proud to lead a team of professionals who have voted Bim Group one of Kentucky’s “Best Places to Work.” Bim Group is also an exclusive “Partner Firm” in United Benefit Advisors, a unique community of the most successful and trusted independent employee benefit advisory firms in the nation.
L. Briggs Cochran
CEO
On December 23, 2024, President Biden signed into law the Paperwork Burden Reduction Act (PBRA) alleviating some burdens associated with the annual ACA reporting. Effective for tax years beyond 2023, employers are no longer required to automatically distribute the Forms 1095-B/Cs to employees unless requested. The Form 1095-B/Cs must still be prepared and electronically filed […]
Read moreTuesday, January 14, 2025 1 – 2PM CST Register Now Registration Code:UBA410EW Attend this month’s webinar to learn what triggers a DOL audit and how to prepare. Key takeaways: Gain insight into the DOL’s enforcement priorities that can trigger an audit, especially regarding compliance with the ACA, Mental Health Parity and Addiction Equity Act, and […]
Read moreREAD TIME: 5 MINUTES A recent lawsuit involving Macy’s Inc. and the U.S. Department of Labor (DOL) is bringing attention to the way companies structure their wellness programs—particularly those that impose penalties on employees who smoke. This case highlights the potential risks for employers who charge higher health premiums to smokers and raises questions about […]
Read moreREAD TIME: 7 MINUTES President Biden stepped away from proposed changes to the birth control opt-out for moral objections. The pre-deductible status of telehealth in HSA plans expired, and the CAA 2024 Gag Clause Attestation submission took effect. Biden Administration Withdraws Proposed Birth Control Benefits regulations The Biden Administration has suspended its efforts to limit […]
Read more