by BMC | Dec 22, 2014 | Uncategorized
For the past year, we’ve been getting periodic phone calls and e-mails from our group clients wondering if they should simply disband their group coverage in favor of paying employees’ a subsidy and allowing them to purchase their own coverage. At one...
by BMC | Dec 15, 2014 | Uncategorized
Just a reminder to anyone who needs individual coverage for January 1st that today is the last day to sign up or to make changes in existing individual coverage. The official open enrollment process doesn’t end until February 15th (for a March 1st effective...
by BMC | Oct 24, 2014 | Uncategorized
CMS recently launched an outreach effort aimed at helping individual consumers understand the renewal process for marketplace coverage in 2015. As part of this effort, CMS released its 5 Steps to Staying Covered: 1. Review your coverage and look for a letter from your...
by BMC | Aug 15, 2014 | Uncategorized
Open enrollment in the Marketplace (Exchange) begins on November 15, 2014 for a January 1, 2015 effective date. If an employer offers coverage that meets minimum standards and cost, employees are NOT eligible for the tax credit (subsidy). While anyone can purchase on...
by BMC | Jul 10, 2014 | Uncategorized
This is a reminder that, if you have established a Health Reimbursement Arrangement (HRA) that is utilized to fund deductibles or co-insurance under your medical plan, check with your accountant about the mandated annual fee that is due on July 31st. The fee is either...
