While many Americans will remember January 20, 2017 as the day the 45th President of the United States was sworn into office, employee benefits experts will also remember it as the day the IRS Office of Chief Counsel (OCC) released this memorandum that clarifies, among other things, the tax treatment of benefits paid by fixed-indemnity plans. Fixed indemnity plans are generally voluntary benefits employers offer…
By Geoff Mukhtar Communications Manager at United Benefit Advisors Today, most new full-time hires expect a company to offer certain standard benefits – health, dental, vision, and life insurance, paid vacation and sick days, and a 401(k) or pension. Some companies go beyond this and provide other benefits such as profit sharing, parking reimbursement, mobile phone reimbursement, wellness programs, and even on-site daycare. So what…
With the PPACA going into full effect Jan. 1, a number of employers are expected to pull the trigger on renewals in November and December. Just how many, no one knows right now.
UBA’s Health Plan Survey deadline has been extended, and our Ancillary Survey is nearing completion.
IFEBP reports 69% of employers will definitely continue to offer employer-sponsored health care.
TPA was held liable for breaching its fiduciary duty by not disclosing certain fees.
Depending on the exchange, employees can receive guidance and education about the plans to help them make purchasing decisions.
Consumer-driven health plans have bypassed health maintenance organizations to become the second most common plan design offered by U.S. employers, according to an Aon Hewitt survey.
“Grandfathered” health plans that have not undergone significant changes since the Affordable Care Act (ACA) was enacted in March 2010 will once again have to assess whether the plan can and/or should try to retain such status for 2013.
The cost of U.S. health care services is expected to rise 7.5% in 2013