by BMC | May 30, 2014 | Uncategorized
On May 19, 2014, the IRS reiterated its stance against an employer’s reimbursement of individual premiums by publishing a short FAQ. Question 1 of the FAQ reads as follows: Q1. What are the consequences to the employer if the employer does not establish a health...
by BMC | Mar 14, 2014 | Uncategorized
Effective July 1, 2014, Quest Diagnostics WILL BECOME AN OUT-OF-NETWORK provider for Keystone HMO and Personal Choice plans. The laboratory of choice for Keystone/Personal Choice members will be LabCorp (Laboratory Corporation of America). There will be additional...
by BMC | Feb 25, 2014 | Uncategorized
On February 10, 2014, IRS released final regulations regarding the Employer Shared Responsibility provision under the Affordable Care Act (the employer penalty). While their guidance is lengthy, the key aspects are: The employer penalty will apply to employers with...
by BMC | Feb 4, 2014 | Uncategorized
As a number of our clients are painfully aware, getting January group cases installed with Keystone has been frustrating. There were tremendous delays in installation, errors in enrollments, mistakes at every level of the installation process, including the...
by BMC | Jan 30, 2014 | Uncategorized
Green is not just BMC’s logo color! We’re saving trees now, too! BMC has gone green with paperless HRA and FSA payments. Employees can elect Direct Deposit for HRA, Health Care Spending and Dependent Care accounts. Payments will go directly into the selected...
by BMC | Jan 13, 2014 | Uncategorized
Insurance company log jams! None of the local carriers seemed to be prepared for the avalanche of new enrollments as of the January 1st implementation of Health Care Reform. And one of the major carriers, Independence Blue Cross/Keystone Health Plan East is moving...
