Let’s be honest—health benefits are complicated. If you’ve spent any time researching alternatives to traditional group health insurance, whether for your business or your clients, you’ve probably come across an ICHRA plan. If the [...]
The Individual Coverage Health Reimbursement Arrangement, or ICHRA, is just one of the Modern Health Reimbursement Arrangement regulations gaining traction among higher group insurance costs. ICHRA is an employer-funded health benefit that reimburses employees [...]
Employers are always searching for cost-effective ways to provide employees with affordable health benefits that also offer flexibility and choice. Those that have researched a variety of benefits may wonder if ICHRA or QSEHRA [...]
The Individual Coverage Health Reimbursement Arrangement (ICHRA) is a revolutionary approach to employee benefits, offering flexibility for employers and employees alike. But if your ICHRA claim was denied, you may be wondering why. There are [...]
As the year ends, it’s crucial to address your Affordable Care Act (ACA) reporting requirements. The 2024 ACA reporting deadlines are approaching fast, and failure to meet these obligations can result in substantial penalties, [...]
The economic challenges of 2024, including rising inflation and recessionary pressures, continue to affect employees and employers alike. Despite employees demanding more robust benefits, many employers are scaling back due to rising healthcare costs. [...]
As an employer, it can be difficult to build an appealing benefits package to attract talent. The options on the market today are endless, and many employers are confused about the right, and most [...]
An employer benefits package can be a determining factor for employees when accepting a job. Are you offering the most beneficial healthcare options? Are you exploring ways to maximize the value of your employer [...]
Large employers nationwide grapple with the challenges imposed by the Affordable Care Act's Employer Mandate since its inception. Rising health insurance costs compounded by the ACA requirements are forcing employers and their advisors to [...]
1. Does ACA Reporting still exists?Yes, according to the Affordable Care Act, ACA reporting has been required since 2015 for any employer over a 100 FTEs. The next year it was lowered to the now [...]