|
|||
June 6th, 2013 § 0 comments § permalink
11th annual Stevie® Awards will be presented on June 17 in Chicago
Tallahassee, Fla. – FBMC Benefits Management (FBMC) was named a finalist in the Best Marketing or Sales Brochure or Kit – Online/Electronic category for The 2013 American Business Awards, and will ultimately be a Gold, Silver or Bronze Stevie® Award winner in the program. 
June 5th, 2013 § 0 comments § permalink
Trish Neely, CFCI
The IRS has just posted the revised Form 720 that Employer with self-funded health plans, including HRAs and FSAs will use to report the fees. Link to the new form and instructions: Click Here.
Section 4375(a) of PPACA imposes a fee on applicable* self-funded health plans and health insurance policies for each policy year ending on or after October 1, 2012, and before October 1, 2019.
June 4th, 2013 § Comments Off § permalink
Trish Neely, CFCI
For many employers, FBMC included, wellness programs are considered smart business. According to a Rand Corporation study of 600 businesses (50+ employees), Workplace Wellness is a $6 billion industry in the United States with 51% of mid-size to large companies offering some type of workplace wellness. (Sharon Begley, Bloomberg | May 29, 2013)
May 17th, 2013 § Comments Off § permalink
Trish Neely, CFCI
The Department of Labor (DOL) released the model language we have been expecting for employers to notice employees about the Exchanges. This Alert focuses on the Model Notice for employers who offer a health plan to some or all employees: http://www.dol.gov/ebsa/pdf/FLSAwithplans.pdf.
May 6th, 2013 § Comments Off § permalink
Trish Neely, CFCI
The IRS just released the cost of living adjustments for High Deductible Health Plans and Health Savings Accounts. These adjustments are important even if you do not have a high deductible plan. Beginning in 2014, a health plan’s out-of-pocket maximums for any given plan year cannot exceed the maximum permitted for the high-deductible health plan (HDHP) coverage for that year. As highlighted below, the dollar limits on the out-of-pocket maximum under an HDHP for 2014 are $6,350 for self-only coverage and $12,700 for family coverage.
