By Michael RamsbyPresident, GRA Benefits GroupMost of the HIPAA breaches you have heard of lately involved an unknown outside entity hacking into a company's network and accessing protected health information (PHI) and or personal financial …
By Scott Lyon, Senior Vice PresidentThe best way to pass an audit is to avoid an investigation from the Employee Benefits Security Administration (EBSA) in the first place - and the best way to do …
by Scott Lyon, Senior Vice President of SBAMIn March, the Assistant Secretary of Planning and Evaluation Office of Health Policy at Health and Human Services, the ASPE Office of Health Policy at HHS, for those …
On March 5, 2014 the Internal Revenue Service issued final regulations on employer reporting requirements under the Affordable Care Act that will take effect in 2015. Employers with fewer than 50 full-time employees and full-time …
Effective in 2015, the Affordable Care Act requires employers with at least 100 employees to offer qualified coverage to full-time employees, currently defined as those working an average of 30 hours per week. If coverage …
In just a couple of short weeks, real short weeks with the holidays included, we will be sitting right on top of the January 1, 2015 compliance deadline for large employers under the Affordable Care …
By Norbert F. Kugele, courtesy of Warner, Norcross & Judd Attorneys at LawTwo of the critical components of the Affordable Care Act are the individual-responsibility and employer-responsibility provisions. Individuals without health insurance coverage will have …
Agents - Have you checked out coverageforcompaniesSM? coverageforcompaniesSM is a new opportunity for you to take your customer’s health plans to a new level. It allows your clients with 2-50 eligible employees the opportunity to offer …
One of the roles SBAM plays on behalf of its members is to keep our eyes and ears open to new employee benefits that come on the scene from time to time. Recently, we have …
As one of Michigan’s largest COBRA administrators, we get asked fairly regularly about what impact the Affordable Care Act has on COBRA, if companies still must follow COBRA regulations, and other questions along that line. …
As one of Michigan’s largest COBRA administrators, we get asked fairly regularly about what impact the Affordable Care Act has on COBRA, if companies still must follow COBRA regulations, and other questions along that line. …
How many of your customers' group health plans will renew between now and the end of this year? 25%, 40%, 50% or more? We know that you and your staff will be scrambling to make …
Nearly every employer, regardless of their size, is subject to ERISA if they offer an employer-provided group benefit including health, dental, vision, accidental death & dismemberment, disability, or group term life insurance; medical flexible spending …
By Scott Lyon, Senior Vice PresidentEarlier this week the Department of Health and Human Services issued its third issue brief regarding national and state level enrollment related information for the Health Insurance Marketplace. This information …
Posted By: Ben Cohen SBAM Approved Partner Kushner & CompanyWith the delay of the Employer Mandate in PPACA until January 1, 2015, many employers set aside their plans to track the hours of their variable …
Companies who have fewer than 50 FTE will see a change in the pricing methodology for the employees enrolled in their company sponsored health plan.The first invoice following your 2014 plan and premium renewal will …
By Scott Lyon, Senior Vice President There is a lot of speculation in the air. Today is September 30 and the Exchange is set to open tomorrow for individuals and small businesses. We already know …
A new service launched today by the Small Business Association of Michigan (SBAM) will help small employers comply with important Health Insurance Exchange notification requirements. Details on the new service can be found at http://tinyurl.com/SBAMACA.The …