Jeff Truitt - Bim Group
Jeff Truitt
Jeff Truitt
Sr. Benefit Consultant

Jeff graduated from Transylvania University with a degree in Business Administration in 1992. He joined Bim Group in 2001, bringing experience in the life, property and casualty insurance industries. Since joining Bim Group, Jeff has excelled in managing multi-employer association sponsored plans and both fully insured and self-funded plans for large employers. His expertise includes working with both senior management and HR in designing plans that fall within budget parameters, as well as consulting on the implementation of benefits administration systems.

Recent Insights

June 24, 2019
Affordable Care Act (PPACA), Employee Benefits, FMLA, Human Resources

Perfect Attendance! How to Handle Leaves of Absence under the ACA

The Patient Protection and Affordable Care Act (ACA) requires applicable large employers (ALEs) to offer full-time employees health coverage or pay one of two employer shared responsibility penalties. An ALE is an employer with 50 or more full-time or full-time equivalent employees. A full-time employee is an employee who works 30 hours or more a […]
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June 24, 2019
Compliance Alert, DOL, HRA, News

Tri-Agency Final Rules on Health Reimbursement Arrangements (HRAs)

The Department of the Treasury (Treasury), Department of Labor (DOL), and Department of Health and Human Services (HHS) (collectively, the Departments) released their final rules regarding health reimbursement arrangements (HRAs) and other account-based group health plans. The DOL also issued a news release, frequently asked questions, model notice, and model attestations. The final rules’ goal […]
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June 10, 2019
Association Health Plans, Compliance Alert, DOL, ERISA, HHS

Compliance Recap – May 2019

May was a busy month in the employee benefits world. The Internal Revenue Service (IRS) released health savings account annual contribution limits and high deductible health plan minimum annual deductibles and annual out-of-pocket maximums for 2020. The Department of Labor (DOL) released questions and answers (Q&As) to clarify its enforcement of the association health plan […]
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June 10, 2019
Employee Benefits, HDHP, Health Care Costs, Health Savings Account

Health Savings Accounts: What You Need to Know

A health savings account (HSA) is a tax-exempt trust or custodial account set up with a qualified HSA trustee (such as a bank or insurance company) that is used to pay or reimburse certain medical expenses. HSAs were first available as of January 1, 2004, and have grown greatly in popularity. An eligible individual (with […]
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