June 2016 - Employee Benefits I AP Benefit Advisors

2016 Updated Healthcare Reform Timeline (Version 16)

If you want to see 10 pages of health reform in a 1 page timeline (well, 1 page for Employer and 1 page for Employees) then please visit our website (www.apbenefitadvisors.com/news).  But, if you are looking for details specific to just a certain year or plan, then you can’t do better than this implementation timeline […]

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Unexpected Medical Bills More Difficult to Afford

Healthcare costs are rising, including insurance deductibles, and Americans are finding it difficult to afford the unexpected medical costs. The Associated Press-NORC Center for Public Affairs Research surveyed 1,008 U.S. adults between April 14 – 18, in regards to the economy and household finances and recognized the following findings: Of participants making less than $50,000 […]

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AssuredPartners Webinar | Workplace Wellness: Is Your Program Compliant? ADA, GINA, ACA & More!

Join AssuredPartners NL Health and Productivity Managers as they help you navigate the often choppy waters of wellness compliance. During this session, certified corporate wellness specialists, Cary Seager and Kristin Meschler, will provide an overview of the current regulations surrounding worksite wellness programs and present case studies of some typical programs, detailing specific compliance considerations […]

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HSA Questions & Answers

1. Why is having a High Deductible Health Plan (HDHP) a requirement for having a Health Savings Account (HSA)? Being covered by an HDHP is to avoid the situation where the taxpayer could get a large deduction for an HSA contribution and then not need it to pay for medical expenses because they had either […]

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How to Survive a DOL Health & Welfare Plan Investigation

Here are the best practices for plans chosen for investigation: 1. Consider getting employee benefits counsel involved early The DOL investigation process generally includes requests for a long list of documents ranging from plan documents to financial documents. Working with your employee benefits counsel from the beginning may help with the overwhelming process that awaits you with the […]

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How to Handle Tax Treatment of Wellness Rewards

The IRS recently released a memorandum on its views of the tax treatment of rewards under employer wellness plans. Cash, Cash-Equivalent Rewards The memorandum confirms that certain tax rules apply to employer-sponsored wellness programs, but coverage, such as health screenings and other medical care, under these programs are generally excluded from an employee’s income. But […]

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HRCI* & SHRM** Pre-approved AP Benefit Advisors Webinar Series: Using Data Analytics to Change the Network Paradigm – Enhancing Benefits & Reducing Costs

Join AP Benefit Advisors’ Director of Data Analytics, Scott Mayer, for this complimentary, one-hour, HRCI* and SHRM** pre-approved webinar as he reviews how to identify more effective metrics to measure the cost efficiency of healthcare provider networks than by simply looking at average network discounts. HR departments often spend significant time reviewing network discounts to […]

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