by Bret Brummitt | Sep 16, 2023 | Employee Benefits, Health Insurance
How do you know if your benefits broker is the worst? Here are five things to watch out for! 5. Acronyms, Acronyms, Acronyms Okay, we all fall victim to industry speak. Even worse though are the sycophants of an industry’s subculture that treat you like only the...
by Bret Brummitt | Sep 15, 2023 | Employee Benefits
Target your Employee Communication to be “Street Smart” Benefits should enhance employee’s lives. Target your employee communications to show them how your benefits package can enhance their lives. Every single year your employees get the pleasure...
by Bret Brummitt | Sep 14, 2023 | Employee Benefits, Plan Design, Plan Design, TeleHealth
Measuring Success How do you define success for your benefits plan? How often do you clearly express your expectations? Do you start a conversation with “I believe” or “I know that”? Here’s the problem: Preparing for an insurance renewal is hard. Preparing...
by Bret Brummitt | Sep 8, 2023 | Employee Benefits, Health Insurance, Plan Design
What Didn’t You Accomplish Last Year? You say you had great intentions to launch a wellness plan? Oh, maybe that was a 401(k) or Profit-Sharing plan? Oops, I guess I didn’t hear that right–you just wanted to launch a Flexible Spending Plan? The...
by The Lawyers | Sep 7, 2023 | Compliance, Employee Benefits, Health Insurance
Compliance Alert: Guidelines for processing medical loss ratio rebates Many sponsors of fully insured health plans either already have or will soon receive checks from their insurance carriers, along with a notice informing them that the review is a medical...
by Bret Brummitt | Sep 7, 2023 | Data Analytics, Employee Benefits
Entering data by hand isn’t just a hassle; it also hurts your company’s bottom line. Companies that rely on outdated models of data entry experience the pain of inefficiency in several ways. First, staff must re-key data into separate programs because the company’s...
by The Lawyers | Aug 28, 2023 | ACA, ACA Reporting, Compliance, Employee Benefits, Health Insurance, Plan Design, Plan Design
Compliance Alert: ACA Affordability percentage drops to a new low for 2024 Just when we thought benefits affordability percentages couldn’t possibly go lower than the 2023 rate of 9.12%, the Internal Revenue Service released Revenue Procedure 2023-29 declaring...
by Human Resources | Aug 14, 2023 | Compliance, Human Resources, Labor Law, Texas Law Alert
The following changes to Texas employment law take effect on September 1, 2023. Texas Prohibits Hairstyle Discrimination Texas joins the growing list of states that prohibit discrimination based on hairstyle. The state’s employment discrimination law, which applies to...
by The Lawyers | Aug 10, 2023 | Compliance, Dept of Labor, Employee Benefits, Health Insurance, Medicare
Compliance Alert: Agencies call on group health plan sponsors to extend special enrollment period for Medicaid redeterminations Possible Employee Medicaid Redeterminations: With the ongoing issue of Medicaid redetermination taking place across the nation, the...
by Lian Loop | Aug 9, 2023 | Compliance
The overlap and differences between the Americans with Disabilities Act (ADA) and the Family Medical Leave Act (FMLA) are something we get asked about a lot. Our friends at BBP Admin provide a solid explanation of how to navigate them so please read on to learn more....
