employer benefits Archives

Attention Brokers: Are you offering your ALE clients the most affordable MEC?

September 28, 2020/in MEC, Telehealth, Voluntary Benefits

Attention Brokers: Are you offering your ALE clients the most affordable MEC? How can you offer your applicable large employers a one-stop-shop for all their needs? Benefits are no longer about simply meeting Minimum Essential Coverage options. You need to offer worksite and voluntary benefits, telehealth options, call center availability, and easy portal management. Why should you offer these options to your employers? Because they want them.

How Does the FFCRA Affect My Employee’s Coverage?

July 21, 2020/in COVID-19, Voluntary Benefits

The Families First Coronavirus Response Act is an Act of Congress meant to respond to the economic impacts of the ongoing 2019–20 coronavirus pandemic. The act will provide funding for free coronavirus testing, 14-day paid leave for American workers affected by the pandemic, and increased funding for food stamps.

How Worksite Benefits Benefit Everyone

July 21, 2020/in Worksite Benefits

Employees can choose from a number of insurance products to complement their coverage and to help achieve a greater degree of stability. Worksite Benefits (voluntary coverage) plans may be 100% paid for by employees or cost-shared with the employer. Here’s why worksite benefits benefit everyone.

What is the Families First Coronavirus Response Act?

July 21, 2020/in COVID-19, News

In March 2020, President Trump signed into law the Families First Coronavirus Response Act, the initial coronavirus relief bill aimed at assisting families living in the United States. The new law requires small employers—those with fewer than 500 employees—to provide limited paid-leave benefits to employees who are affected by the coronavirus emergency. Small employers receive new tax credits and federal payroll-tax relief to pay for the new mandatory benefits.

What Employers Need to Know About FFRCA and Benefits

July 21, 2020/in ACA Compliance, COBRA, COVID-19, HIPAA, MEC

The Coronavirus pandemic has had a massive impact on the financial health of thousands of companies in the United States. These employers have seen the enormous reduction in business and the effect it has on their employee benefit programs, and adjust them to meet the needs of both their employees and their business. These adjustments still carry certain obligations the employer must meet under federal legislation. So what do employers need to know about FFRCA and benefits?

How to Offer Remote Workers Benefits

July 21, 2020/in Employee Engagement, Employee Retention, Voluntary Benefits

Due to changes caused by the Coronavirus outbreak, many people have made the transition to working from home. This new reality has changed the way most people do business — from holding meetings over Zoom to dealing with distractions at home, this new reality has been an adjustment for just about everyone involved. For employers, this has meant adjusting where they allocate resources and how they operate on a day-to-day basis. As companies continue to keep their employees working remotely, it’s important to understand the effects this change will have on employee insurance benefits.

How to Understand the Differences Between Voluntary and Individual Benefits

July 21, 2020/in Voluntary Benefits, Worksite Benefits

Navigating the similarities and differences between individual and voluntary benefits can seem challenging. Which ones do your employees want? What can employees get from individual benefits that they can’t from voluntary? How can benefits attract and retain great talent? Here is a list of the major similarities and differences between the two to help you navigate what benefits you want to provide.

How to Prevent ACA Penalties due to COVID-19

July 20, 2020/in ACA Compliance, COVID-19, News

Due to COVID-19, ACA compliance has become a bit more complicated. As an employer, you must ensure that all your paperwork and practices are ACA compliant. If individuals wrongly receive a PTC, the employer is responsible for proving to the IRS that the individual did not qualify. It is now more important than ever to have your information in order, in case of future issues. In the ACA times article below, you will see why ACA penalties may increase this year, and how you can prevent potential penalties for your business.

Tag Archive for: employer benefits

Attention Brokers: Are you offering your ALE clients the most affordable MEC?

How Does the FFCRA Affect My Employee’s Coverage?

How Worksite Benefits Benefit Everyone

What is the Families First Coronavirus Response Act?

What Employers Need to Know About FFRCA and Benefits

How to Offer Remote Workers Benefits

How to Understand the Differences Between Voluntary and Individual Benefits

How to Prevent ACA Penalties due to COVID-19

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