by BMC | Nov 19, 2013 | Updates
Health Care Reform Update On The Obama Announcement For Transitional Relief Attached is a briefing from our business partner, Emerson Reid. The federal government is encouraging states to adopt a transitional policy which would allow a health insurance carrier, at its...
by BMC | Nov 2, 2013 | Updates
Health Care Reform (PPACA) Transition Update POTUS Offer Trans Relief Read the briefing from our business partner, Emerson Reid at the bottom of this post. The federal government is encouraging states to adopt a transitional policy which would allow a health insurance...
by BMC | Nov 1, 2013 | Uncategorized
There has been a major modification to the “use it or lose it” rule, which required any leftover balance in an FSA to be forfeited at the end of the plan year. Effective in plan year 2014, employers that offer FSAs will HAVE THE OPTION of allowing participants to roll...
by BMC | Sep 2, 2013 | Uncategorized
The Patient Protection and Affordable Care Act (PPACA) requires all employers to provide notices to current employees (and new hires) about the coming exchanges (now being called Marketplaces). As of May 2013, the Department of Labor has provided guidance indicating...
by BMC | Jul 15, 2013 | Uncategorized
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...