The IRS this month clarified for benefit advisers and their clients that employers cannot escape ACA penalties and taxes via pre-tax premium reimbursement plans.
Benefit broker compensation problems, an existing health law and a tough exchange board have forced advisers in this state to take a backseat to the implementation of Obamacare.
From brokers and advisers to industry and political leaders, influential groups across the country spoke up about the most pressing benefit issues. And they had a lot to say. Here are the most interesting comments made to EBAs editors in May.
If your wellness program consists of a health risk assessment and nothing else, you may be missing the bigger picture. While the tools can yield important information, they may ignore broader factors in employees lives that are influencing the unhealthy behavior.
Based on employee reviews, the online career site Glassdoor has released its annual report Top 25 Companies for Compensation & Benefits, providing benefit advisers and employers insight into what forms of pay and perks employees value most.
With recent changes to the use-it-or-lose-it rule for flexible spending accounts employers can now offer a carryover of up to $500 in funds or allow a two-and-a-half month grace period at the end of the year FSAs may become a more appealing savings option for employees. Heres what you need to know about the new rules, along with five lesser-known ways employees can spend their FSA dollars.
Evidence shows that more insurers bring down premiums on the ACA exchanges, which could ease conversations benefit brokers have with the uninsured about affordability of coverage.
Advisers should expect more employers asking for ways to facilitate and innovate around these reports. Don Garlitz, executive director of bswift Exchange Solutions, talks trends in transparency and flexibility in this space so brokers can be up to date.
UBAs chief executive officer Thomas Mangan has left his position with the industry group to serve as president of employee benefits for the Market Financial Group.
Even though more than one-in-four Americans have received treatment or therapy from a mental health professional, few people know that health insurers are required to provide coverage for mental health, behavioral health and substance-use disorders that is comparable to coverage for physical health.
Individuals could pay more than twice as much for prescription drugs with certain exchange plans, as employers that provide health coverage gain another asset to leverage.
Mirroring a recent HHS initiative, some state-run marketplaces such as Covered California have extended a special enrollment period for COBRA-eligible individuals, allowing them to enroll in a marketplace exchange plan through July.
As the Affordable Care Act shines a spotlight on employer-sponsored health coverage, employees are more confused than ever about their health insurance options. As you gear up for open enrollment this year, here are 10 employee questions, courtesy of Towers Watson, you should be ready to answer.
While health care costs are growing more slowly than in years past, the increases are unsustainable over the long-term, say those in the industry.
Theres an end to ambiguity on whether direct payments for certain kinds of coverage are taxable or not.