The Internal Revenue Service (IRS) has begun assessing Affordable Care Act (ACA) employer mandate penalties for 2015 by sending certain employers Letter 226J, the preliminary tax penalty notification letter. Continue Reading
In the last week, the Trump administration has taken action to make changes to certain aspects of the Affordable Care Act (ACA). This action includes two new interim final regulations that scale back the ACA’s contraceptive coverage mandate, an Executive Order related to association health plans (AHP), health reimbursement arrangements (HRA) and short-term limited-duration insurance, and an announcement from the Centers for Medicare and Medicaid Services (CMS) that government payments to insurers for cost-sharing reductions will cease immediately. The recent flurry of activity appears to be the administration’s response to the failure of repeal and replace legislation to move through Congress. Continue Reading
This year, we have officially kicked off a summer internship program for the future generation of insurance professionals, which we’ve featured in an earlier post Growing Your Next Insurance Partner. Continue Reading
From the Archives
This issue of the Benefit Minute summarizes recent judicial activity which may affect employers and their benefit plans.
How long have you known your insurance agent? 10 years? 20? 30? For many people, you’ve known your agent a long time and see him or her as an integral part of protecting you, your family, your company, and ultimately, your ability to thrive.
13th Launching Your Cyber Risk Review
Businesses tend to focus most on purchasing the latest technology to protect against cyber threats without fully understanding their organizational exposures. While technology is critical, it should only be a part of a holistic cyber resiliency strategy. A good place to begin for many leaders is to establish a fundamental understanding of cyber risk, how […]
The continuing increases in prescription drug costs has led some group health plan sponsors to consider arrangements whereby employees are provided with a referral to an international pharmacy or dispensing service to obtain drugs from outside the United States. This referral program will generally be offered on a voluntary basis (in addition to other prescription […]
Effective cyber risk management involves every part of an organization. Cybersecurity policies guide employee behavior and shape culture. Cybersecurity training helps employees — from IT staff to administrative professionals to C-suite executives — understand and protect the organization from cyber threats. Technology helps enforce policies and provides essential defense and detection capabilities. But the success […]
According to Mark Jankowski, founder of Amplified Learning, effective negotiation requires three things: attitude, tools, and skills. “You can have any one, or even two of those things, but if you don’t put them all together, you won’t be effective,” he said at a recent PSA Partnership Event, “Game of Stones.” Where did he first […]