ACA Affordability Threshold Increases for 2025
This change in percentage could impact your plan’s employee contribution rates. Discover how to maintain compliance and avoid penalties under the Affordable Care Act.
This change in percentage could impact your plan’s employee contribution rates. Discover how to maintain compliance and avoid penalties under the Affordable Care Act.
On Monday, December 23, 2024, President Biden signed into law two bills, H.R. 3797 (the “Paperwork Reduction Act”) and H.R. 3801 (the “Employer Reporting Improvement Act”), which will positively impact applicable large employers (“ALEs”) and other entities required to furnish forms 1095-B or 1095-C to individuals.
Important compliance updates in 2025 are coming. Are your ready for the upcoming changes for Medicare Part D, Nondiscrimination Testing for Cafeteria Plans and Self-Insured Plans, HIPAA Privacy Manuals, ACA Reporting, and Form 5500’s application of large health and welfare plans?
When the Consolidated Appropriations Act, 2021 (the “CAA”) was enacted on December 27, 2020, it included a provision that prohibits group health plans and health insurance carriers from entering into certain agreements that, either directly or indirectly, restrict the release of certain information related to provider networks and de-identified encounter data, among other things.
When the Consolidated Appropriations Act, 2021 (the “CAA”) was enacted on December 27, 2020, it included a provision that prohibits group health plans and health insurance carriers from entering into certain agreements that, either directly or indirectly, restrict the release of certain information related to provider networks and de-identified encounter data, among other things.
Many employees are unaware of the extent of their employer’s investment in them. It’s easy to focus solely on the paycheck, but employee benefits often go well beyond pay.
On October 22, 2024, the Internal Revenue Service (IRS) released released updates effecting FSAs and other benefit limits in 2025.
Welcome Melissa Zornes to OneGroup! She has joined our team as Senior Vice President and Employee Benefits Practice Leader.
Most brokers earn commission from insurance carriers. Others charge fees for services provided. Greater transparency in these payment methods can help you control rising health care costs. But, more importantly, a clear picture of how your broker is paid can lead to a long-term, strategic relationship that benefits you and your employees. Working with a broker is often the first step in creating a comprehensive employee benefits plan.
Open enrollment can be overwhelming. Employees are expected to learn about new benefit options, budget for the cost of coverage, and make the best decision for themselves and their families in a relatively short period of time.