Blog Category - Employee Benefits
Posted by mtardif on Feb 13, 2012
Today’s compliance update will focus on planning for health care reform for 2012 and beyond. The next 12 to 18 months will be important for understanding changes happening this year, but more importantly planning for changes scheduled to...
Posted by mtardif on Nov 29, 2011
The Department of Labor issued an FAQ on 11/17/11 which provided guidance that employers and administrators are not required to comply with the Summary of Benefits and Changes (SBC) until the final regulations are issued. The FAQ also states...
Posted by mtardif on Nov 16, 2011
Beginning in 2012 (with the reporting beginning in January 2013), employers who file more than 250 W-2 Forms are required to report the cost of employee health insurance on W-2 forms. Employer who file fewer than 250 W-2 Forms will not be...
Posted by mtardif on Nov 14, 2011
The Patient Protection and Affordable Care Act (PPACA) includes a requirement for Plan Administrators to create and distribute a Four-Page Summary of Benefits and Changes document and to provide Notice of Material Modifications. Interim...
Posted by mtardif on Oct 17, 2011
CHIPRA, or the Children’s Health Insurance Program Reauthorization Act of 2009, was enacted on February 4, 2009. Under CHIPRA, states may provide premium assistance subsidies toward qualified employer-sponsored health insurance coverage...
Posted by mtardif on Oct 17, 2011
By Richard Sorian, Assistant Secretary for Public Affairs
Posted September 07, 2011
If you’re a small business owner, there are a few deadlines approaching that you won’t want to miss in order to help provide health coverage for your...
Posted by Sharon Little on Jul 16, 2010
Do you wish there was a way to expand the benefits package for your employees? One that didn’t really cost you any money or time yet valuable enough that all employees would be interested in exploring?
We know how to do it!
We’ve got a great...
Posted by HoldenAgency on Dec 4, 2009
With all the recent talk about Health Care Reform, you may be hearing a lot of acronyms being thrown around when people talk about health insurance. Some of the more common acronyms include HMO, PPO, and POS. But what do they all mean?...
Posted by HoldenAgency on Nov 24, 2009
With all the talk about Health Care Reform you may be hearing a lot of acronyms being thrown around when talking about Health Care (HMO, PPO, POS). What do they all mean?
Health Maintenance Organization – (HMO): This is a health...
Posted by HoldenAgency on Nov 19, 2009
Maine small businesses may offer health benefits to their employees but not be in a position to hire a full time Benefits coordinator. This can leave the business owner in the position to try and get the best coverage at the lowest price, but they...
