The IRS has raised the Flexible Spending Account (FSA) limit from $2,650 to $2,700 for 2019. Additionally, Transportation Reimbursement Account (TRA) expense limits for parking and transit have been set at $265/month. The IRS publication, issued on Thursday, November 15, 2018, can be found here. If your renewal is 1/1/19 and you have already set […]
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Monthly Webinar: Employer Policies and Testing Employees for Marijuana Use and Opioid Use
Join us for our monthly webinar on Tuesday, November 13, 2018 at 2:00 p.m. ET / 11:00 a.m. PT Register here. Employer Policies and Testing Employees for Marijuana Use and Opioid Use This webinar will cover what employers should consider when implementing drug use policies and testing for drug use. The webinar will: Describe the scope of […]
Read moreWhat Employers Need to Know about Structuring Wellness Programs for 2019
Join us for our monthly webinar on Tuesday, October 9, 2018 at 2:00 p.m. ET / 11:00 a.m. PT Register here. This webinar will cover what to consider when sponsoring a wellness program. The webinar will: Describe wellness programs Briefly describe the laws and regulations that govern wellness programs Discuss how employers should approach different levels of […]
Read moreMedicare Part D Notice
**If you provided participants and new hires with the annual notice packet provided by Bim Group or generated by HR Service in the last 12 months, the Medicare Part D notice is included in this packet so no additional action is required at this time. ** What you should know: Medicare Part D is a federal program […]
Read moreCompliance Recap November 2017
November was a busy month in the employee benefits world. President Trump nominated Alex Azar for Secretary of the U.S. Department of Health and Human Services (HHS). The Internal Revenue Service (IRS) updated its guidance on employer shared responsibility penalty assessments and released guidance on Qualified Small Employer Health Reimbursement Arrangement (QSE HRA) implementation and […]
Read moreCompliance Recap // July 2017
Compliance Recap July 2017 July was a relatively quiet month in the employee benefits world, despite the U.S. Senate’s release of two bills in its attempt to repeal the Patient Protection and Affordable Care Act (ACA). First, the U.S. Senate revised its Better Care Reconciliation Act and declined to vote on its revision. Then the […]
Read moreCompliance Recap // June 2017
June was an active month in the employee benefits world. The U.S. Senate released a draft of the Better Care Reconciliation Act of 2017 which would substitute the U.S. House Resolution 1628 that aimed to repeal and replace the Patient Protection and Affordable Care Act (ACA). The U.S. Supreme Court decided an ERISA church plan […]
Read moreLearn more about HIPAA and HITECH! Register now for this special webinar!
Benefit Insurance Marketing is pleased to extend an invitation to attend our upcoming monthly compliance Webinar. In conjunction with our alliance with United Benefit Advisors, you have the opportunity to learn more about the latest compliance trends and regulations from one of the nations leading employment and benefit law firms, Fisher Phillips. Best of all, you can take […]
Read moreCompliance Recap // September 2016
September was not a very active month for administrative rulemaking in the employee benefits world. The Internal Revenue Service (IRS), Department of Labor (DOL), and Pension Benefit Guaranty Corporation (PBGC) extended the public comment period for the proposed Form 5500 annual return/report revision. The IRS issued rules defining terms relating to marital status and setting […]
Read moreFlow Chart of Key Wellness Program Regulations
A wellness program is any formal or informal program that educates employees about health-related issues, promotes following healthy lifestyles, or encourages employees to make healthier choices. Wellness programs vary greatly and are not always called wellness programs. Some are purely educational and have no financial incentives. Others have financial incentives that may take the form […]
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