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BMC Blog
Stay up-to-date with our most recent news and updates.
PPACA Little-Known HRA Fee Due July 31st
This is a reminder that if you have established a Health Reimbursement Arrangement (HRA) that you utilize to fund deductibles or co-payments under your medical plan, you should check with your accountant about the Affordable Care Act mandated annual fee. The fee (only...
Health Care Reform: PPACA Employer Mandate Delayed Until 2015
The employer mandate portion of PPACA has been delayed until 2015. This is the portion that would require any employer with more than 50 employees to provide coverage for all full time employees (and define ‘full time’ as 30 hours or more, the primary issue affecting...
Health Care Reform, Retroactive Terminations
The topic on everyone's mind these days is Health Care Reform and what you will need to do to remain in compliance. A recent study conducted by Market Strategies International showed that, perhaps awaiting the Supreme Court ruling and perhaps in anticipation of the...
May 2013 Health Care Reform Updates
We have two Health Care Reform updates today: COBRA Notices COBRA notices must be revised to incorporate new language letting beneficiaries know that there are alternatives to COBRA available through the Marketplace. If BMC sends notices on your behalf, be assured...
May 2013 Update: Aetna’s Premium Saving Program
Have Fewer Than 50 Eligible Employees? Ask Us About AETNA'S Premium Savings Program! Whether you are currently an Aetna client or not, this program may benefit you! If your health insurance coverage is currently with Aetna, with Aetna's Premium Savings Program you...
February 2013 Update: Flu Season, Health Care Reform, Property & Casualty Insurance
One of the big topics is flu season. Please find the attached materials from our friends at UnitedHealthcare to assist with flu season survival: Flu Facts, 6 Ways to Fend Off Seasonal Flu, Keep It to Yourself, and a link to a video with cold and flu facts for kids....
January 2013 Update: PPACA Exchanges, Basics of Employer Mandate
No Exchanges? No Problem! Governor Tom Corbett notified Federal officials on December 12th that Pennsylvania would not establish its own insurance exchange, but would default to a federally-facilitated health insurance exchange. Prior to that the Pennsylvania...
August 2012 Update: Expanded Women’s Preventive Health Benefits
Expanded women's preventive health benefits for plans that renew on or after August 1st now include services such as prenatal visits, certain contraceptives (specific religious organizations may be exempt), screening/counseling for domestic violence, and screening for...
September 2011: Small Employer Tax Credit Deadlines Approach
As you know, the Affordable Care Act allows certain employers to be eligible for a tax credit. Specifically, the credit is geared toward employers with 25 or fewer employees with average income of $50,000 or less. Small employers face two important deadlines in the...
July 2011 Consumer Tips: Save $$$ at the Pharmacy
We’re pleased to share with you the results of our recent research (courtesy of our Mitch Harris, CBC) to save you and your employees money on prescription drugs. Mitch hunted down the deals being offered by many of the national pharmacy chains and retailers and...
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