Archive for UBA’ Category

Latest IRS ACA Round Up (Including 2018 Cost-of-Living Adjustments) | Houston Benefit Advisors
Nov

20

2017

Latest IRS ACA Round Up (Including 2018 Cost-of-Living Adjustments) | Houston Benefit Advisors

Recently, the Internal Revenue Service (IRS) issued the instructions for Forms 1094/1095 for the 2017 tax year, announced PCORI fees for 2017-18, and announced cost-of-living adjustments for 2018. The IRS provided additional guidance on leave-based donation programs’ tax treatment and released an information letter on COBRA and Medicare. Here’s a recap of these actions for your reference. IRS Announces Cost-of-Living Adjustments for 2018 The IRS…

Read More
PPOs Dominate Despite Savings with HMOs and CDHPs | Houston Benefit Advisors
Nov

10

2017

PPOs Dominate Despite Savings with HMOs and CDHPs | Houston Benefit Advisors

  The findings of our 2017 Health Plan Survey show a continuation of steady trends and some surprises. It’s no surprise, however, that costs continue to rise. The average annual health plan cost per employee for all plan types is $9,934, an increase from 2016, when the average cost was $9,727. There are significant cost differences when you look at the data by plan type….

Read More
2017 Health Plan Survey Shows Sharp Rise in Group Healthcare Premiums | Houston Benefit Advisors
Nov

3

2017

2017 Health Plan Survey Shows Sharp Rise in Group Healthcare Premiums | Houston Benefit Advisors

I’m happy to report that this year’s UBA Health Plan survey achieved a milestone. For the first time, we surpassed 20,000 health plans entered—20,099 health plans to be exact, which were sponsored by 11,221 employers. What we were able to determine from all this data was that a tumultuous Presidential election likely encouraged many employers to stay the course and make only minor increases and…

Read More
IRS Releases Final Forms and Instructions for 2017 ACA Reporting | Houston Benefit Advisors
Oct

31

2017

IRS Releases Final Forms and Instructions for 2017 ACA Reporting | Houston Benefit Advisors

Instructions for both the 1094-B and 1095-B and the 1094-C and 1095-C were released, as were the forms for 1094-B, 1095-B, 1094-C, and 1095-C. Reporting will be due early in 2018, based on coverage in 2017. For calendar year 2017, Forms 1094-C, 1095-C, 1094-B, and 1095-B must be filed by February 28, 2018, or April 2, 2018, if filing electronically. Statements to employees must be…

Read More
Shhhhhh! | Houston Benefit Advisors
Oct

16

2017

Shhhhhh! | Houston Benefit Advisors

There are places where you expect things to be noisy, such as a rock concert, and places where you expect it to be quiet, like an office. And while nobody likes being “shushed,” there are few things more annoying than trying to work when someone else is talking in the background. The ‘80s music group ‘Til Tuesday said it best: “Hush hush, keep it down…

Read More
October 2017 Executive Order on Healthcare | Houston Benefit Advisors
Oct

13

2017

October 2017 Executive Order on Healthcare | Houston Benefit Advisors

On October 12, 2017, the White House released an Executive Order, signed by President Trump, titled “Promoting Healthcare Choice and Competition Across the United States.” It is important to note that the Executive Order (EO) does not implement any new laws or regulations, but instead directs various federal agencies to explore options relating to association health plans, short term limited-duration coverage (STLDI), and health reimbursement…

Read More
Are you addressing your employee’s financial health? | Houston Benefit Advisors
Oct

6

2017

Are you addressing your employee’s financial health? | Houston Benefit Advisors

The importance of health and wellness in the workplace is more apparent than ever. It’s obvious why healthy individuals make better employees and the positive impact this has on your bottom line. When thinking about building a program to improve the well-being of your employees, don’t forget about the importance of their financial health. In recent years, studies show that employees have a wide range…

Read More
IRS Roundup: What Employers Need to Know about the Latest ACA Notices | Houston Benefit Advisors
Oct

2

2017

IRS Roundup: What Employers Need to Know about the Latest ACA Notices | Houston Benefit Advisors

In spite of the recent efforts by Congress to change or repeal the ACA, its provisions are still in effect. The IRS has issued continuing guidance on the affordability rate for coverage, the employer shared responsibility provisions and reporting, and the individual mandate provision. IRS Released the 2018 Affordability Rate The Internal Revenue Service released its Revenue Procedure 2017-36, which sets the affordability percentage at…

Read More
Court Remands Wellness Regulations to EEOC for Reconsideration | Houston Benefit Advisors
Sep

22

2017

Court Remands Wellness Regulations to EEOC for Reconsideration | Houston Benefit Advisors

On August 22, 2017, the United States District Court for the District of Columbia held that the U.S. Equal Employment Opportunity Commission (EEOC) failed to provide a reasoned explanation for its decision to adopt 30 percent incentive levels for employer-sponsored wellness programs under both the Americans with Disabilities Act (ADA) rules and Genetic Information Nondiscrimination Act (GINA) rules. The court declined to vacate the EEOC’s…

Read More
Small Businesses Healthcare Competitive, But Faces Two Big Challenges | Houston Benefit Advisors- UBA
Sep

15

2017

Small Businesses Healthcare Competitive, But Faces Two Big Challenges | Houston Benefit Advisors- UBA

We recently revealed how competitive small business health plans are when compared to national averages—and even how they are doing a better job of containing costs. But the UBA Health Plan Survey also uncovers two challenges these groups face in its new special report: “Small Businesses Keeping Pace with Nationwide Health Trends”. 1. Small businesses are passing nearly 6.6 percent more of the costs for…

Read More

Page 1 of 3123