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
The Consolidated Appropriations Act of 2021 (the CAA) requires group health plans to attest compliance with the CAA’s gag clause prohibition on an annual basis. While the prohibition of gag clauses was effective December 27, 2020, the first annual attestation is due December 31, 2023. Group health plan sponsors should begin taking steps now to […]Read more
READ TIME: 7 MINUTES The Internal Revenue Service (IRS) recently released the adjusted Patient-Centered Outcomes Research Institute (PCORI) fee rate for policy and plan years ending on or after October 1, 2023, and before October 1, 2024. Background The Affordable Care Act (ACA) imposed a fee on issuers of fully insured plans and plan sponsors […]Read more
READ TIME: 5 MINUTES On October 6, 2023, the Department of Health and Human Services (HHS) released inflation-related penalty adjustments for violations of the Health Insurance Portability and Accountability Act (HIPAA), Affordable Care Act (ACA), and the Medicare Secondary Payer (MSP) rules. These adjusted amounts apply to penalties assessed on or after October 6, 2023, […]Read more
Tuesday, December 12, 2023 1 – 2PM CST Register Now Registration Code:UBA410EW Attend this month’s webinar to review 2023 employee benefits compliance requirements and learn about compliance challenges employers will face in 2024. Gain insights into: Reproductive healthcare and contraceptive coverage requirements Prescription drug and healthcare reporting Consolidated Appropriations Act components that may impact […]Read more