What’s In and Out with Benefit Programs

November 30, 2018
When you offer benefits to your employees, you want to provide the type of benefits that will attract and keep valued employees.  However, benefits that once were popular can become less desirable. The Society for Human Resource Management (SHRM) and Forbes magazine conducted surveys to... Find out more »

IRS Extends Deadline for Furnishing Form 1095

November 29, 2018
This alert is of interest to Applicable Large Employers (employers with 50 or more full-time equivalent employees) and employers of any size with self-insured plans. The Internal Revenue Service (IRS) has released Notice 2018-94, extending the deadline for furnishing 2018 Forms 1095-B and 1095-C... Find out more »

Telemedicine and Workers Comp 2019

November 27, 2018
It looks as if telemedicine is a technology whose time has come.  In 2012, only 14 percent of large employers offered access to telehealth for select services. In 2018 — just six years later — 95 percent offer telehealth for minor, nonurgent services, in states where it is allowed,... Find out more »

Alera Group Acquires Three New Firms

November 26, 2018
New Acquisitions Expand Benefits and Risk Management Expertise DEERFIELD, IL — Alera Group, a leading national employee benefits, property and casualty, risk management and wealth management firm, has acquired four new firms: CRISP Insurance Advisors, Lively Insurance and Loretz Insurance,... Find out more »

Alera Group Acquires Orion Risk Management Insurance Services

West Coast Firm Expands Benefits and Risk Management Expertise DEERFIELD, IL — Alera Group, a leading national employee benefits, property and casualty, risk management and wealth management firm, has acquired Orion Risk Management Insurance Services. Terms of the transactions were not... Find out more »

IRS Increases Health FSA Contribution Limit for 2019, Adjusts Other Benefit Limits

On November 15, 2018, the Internal Revenue Service (IRS) released Revenue Procedure 2018-57, which raises the health Flexible Spending Account (FSA) salary reduction contribution limit by $50 to $2,700 for plan years beginning in 2019. The Revenue Procedure also contains the cost-of-living... Find out more »

Alera Group Acquires Pennsylvania Financial Services Firm

Latest Acquisition Expands Wealth Management Expertise DEERFIELD, IL — Alera Group, a leading national employee benefits, property and casualty, risk management and wealth management firm, has acquired Perspective Financial Group. Terms of the transaction were not announced. Perspective... Find out more »

The 6 Warning Signs of a Fake Workers’ Comp Claim

Only a small percentage of workers' comp claims are fraudulent but letting them go undetected can cost a lot. In an offbeat incident of workers comp fraud in Minnesota, a woman was found out when she showed no signs of having been injured even though the police report she submitted to... Find out more »

Taking Away the Barriers in the Workforce to Improved Mental Health

Mental illness is a growing problem in this country and treatment options are sparse. Fortunately, as an employer, you can take steps to make it easier for your employees to seek help. The Problem The National Institute of Mental Health estimates that one in five American adults has suffered... Find out more »

Navigating DOL 401(k) Audit Red Flags

Think there’s no way your retirement plan might be audited? Think again. The Department of Labor (DOL) can select any size retirement plan for a random 401(k) audit. Your plan also could face an audit if it matches an Internal Revenue Service (IRS) dataset targeting certain types of plans or... Find out more »