August 8, 2018

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Federal Agencies Release Final Regulations for Short-Term Limited Duration Insurance Coverage

The Departments of Labor, Health and Human Services, and Treasury recently released final regulations for short-term limited duration insurance policies (STLDI) that make several changes to the existing STLDI rules and also affect how these policies interact with other laws.  The final regulations become effective this Fall.  STLDI coverage is intended to provide individuals who […]

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August 1, 2018

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Artificial Intelligence is Disrupting the Insurance Industry

What exactly is artificial intelligence? According to IBM, who has been doing research on the topic since the 1950s, artificial intelligence (AI) is simply “anything that makes machines act more intelligently”.­ This can be broken down further into two groups: applied or general. Applied AI is capable of doing only those tasks it has been […]

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July 25, 2018

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What do the DOL’s new AHP rules actually mean?

President Trump signed an Executive Order on October 12, 2017 directing the U.S. Department of Labor to consider ways to make it easier to form an Association Health Plan by expanding existing membership rules. After issuing proposed regulations in early 2018 and considering public comments, the DOL issued a set of final regulations intended to […]

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July 24, 2018

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Wellness to Wellbeing: Is it time for a change to your program?

Workplace wellness programs have definitely grown in the past 20 years. While the focus in the past was on wellness programs that addressed the physical health of employees, an important shift has taken place. Employers are shifting their focus and addressing the whole person, not just the physical health of an individual. Wellness programs are […]

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July 9, 2018

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Staying Hydrated

When temperatures rise, we know that drinking water can be life-saving. But how much water do we really need every day? Well, the answer can be a bit complicated. Water has many roles including transporting nutrients, removing waste, regulating body temperature and keeping our cellular level working properly. But the amount of water we need […]

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June 29, 2018

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The DOL’s new Association Health Plan Rules and What They Actually Mean

The President signed an Executive Order on October 12, 2017, directing the U.S. Department of Labor (DOL) to consider ways to make it easier to form an Association Health Plan (AHP) by expanding existing membership rules.  After issuing proposed regulations in early 2018 and considering public comments, the DOL issued a set of final regulations […]

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June 20, 2018

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PCORI Fee Deadline Approaches

The annual Patient Centered Outcomes Research Institute (PCORI) fee is due by July 31, 2018. The fee was created by the Affordable Care Act to help fund the nonprofit Patient-Centered Outcomes Research Institute which supports clinical effectiveness research. Typically only employers with self-funded health plans, including health reimbursement arrangements (HRAs), must calculate and pay the […]

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June 20, 2018

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Electronic Submission of Injury & Illness Records to OSHA

The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) deadline for submitting 2017 OSHA Form 300A data is July 1, 2018, for establishments with 20-249 employees in certain high-risk industries. The Injury Tracking Application (ITA) is accessible from the ITA launch page, where you are able to provide your 2017 OSHA Form 300A […]

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June 6, 2018

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June is National Safety Month

Did you know that injuries are the leading cause of death for Americans ages 1 to 40? Poisonings are the number 1 cause of unintentional death in America. This statistic is driven by drug overdose predominantly from prescription pain killers. The National Safety Council, in conjunction with an independent research group, has designed a Substance […]

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May 31, 2018

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IRS Releases More Details on Letter 227 – Response to Appeal on Employer Shared Responsibility Payment

Late last year the IRS started sending employer potential penalty letters on the Employer Shared Responsibility requirements of the Affordable Care Act (ACA). The penalties were associated with the 2015 Forms 1094 C and 1095 C that employers submitted in 2016. Prior to releasing the penalty letters, the IRS posted guidance on how the penalty […]

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May 14, 2018

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2019 HSA Contribution Limits

The IRS announced inflation-adjusted Health Savings Account limits for 2019 in Revenue Procedure 2018-30. They also announced minimum annual deductible and maximum annual out-of-pocket thresholds for 2019. * The IRS announced they would continue to allow the original limit to stand for the remainder of 2018 despite the mid year reduction to $6,850.  

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April 26, 2018

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IRS Extends Relief for Those Affected by 2018 Family HSA Contribution Maximum Change

In early March the IRS announced a change in the family HSA contribution maximum for 2018. As previously discussed, the Tax Cuts and Jobs Bill changed the way the IRS calculates benefit contribution maximums resulting in the 2018 family HSA contribution maximum changing from $6,900 to $6,850. The IRS announced today that taxpayers with family […]

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