Month: May 2019
IRS Releases 2020 HSA Contribution Limits and HDHP Deductible and Out-of-Pocket Limits
This alert is of interest to all employers that sponsor group health plans. Note that employers with “grandfathered” or “grandmothered” plans are not subject to the ACA out-of-pocket limits, although the HSA/HDHP rules still apply if the plan is an HSA-qualified HDHP.
In Rev. Proc.... Find out more »
Ways to Make Childcare Costs a Little More Affordable
Childcare can be an employee’s most expensive work-related expense. Fortunately, there is a benefit program you can offer that will at least provide tax relief to employees who use daycare providers.
The program is the Dependent Care Assistance Program (DCAP). If you can’t offer a... Find out more »
REMINDER: PCORI Fees Due By July 31, 2019
This alert is of interest to all employers that sponsor self-insured group health plans, including Health Reimbursement Arrangements (HRAs). Note that the PCORI fee does not apply to most health FSAs.
Employers that sponsor self-insured group health plans, including health reimbursement... Find out more »
Alera Group Acquires HighRidge Insurance Services
Alera Group, a leading national insurance firm, today announced its acquisition of HighRidge Insurance Services (HighRidge), effective May 1, 2019.
HighRidge, located in Westlake Village, California, provides employee benefits services to clients throughout the state. With an emphasis in... Find out more »
Alera Group Acquires ARMS Insurance Group
DEERFIELD, IL — Alera Group, a leading national insurance firm, today announced its acquisition of ARMS Insurance Group (ARMS), effective May 1, 2019.
ARMS, a General Agency headquartered in Bethel Park, Pennsylvania, has served insurance brokers throughout western Pennsylvania and the... Find out more »
Alera Group Acquires Shepler & Fear General Agency, Inc.
DEERFIELD, IL — Alera Group, a leading national insurance firm, today announced its acquisition of Shepler & Fear General Agency (SFGA), effective May 1, 2019.
Founded in 2009, SFGA is a premier general agency located in Roseville, California. The firm specializes in large group,... Find out more »
Alera Group Acquires Shomer Insurance Agency
Alera Group, a leading national insurance firm, today announced its acquisition of Shomer Insurance Agency, Inc (Shomer), effective May 1, 2019. Terms of the transaction were not announced.
Located in Los Angeles, California, Shomer offers insurance and risk management programs to clients... Find out more »
Advantages and Disadvantages of the Emerging Telehealth Trend
Telehealth/telemedicine is being touted as a great innovation — the ability to talk to a provider any time of the day from home for little or no cost. There are advantages and disadvantages.
If you sponsor a health care coverage plan for your employees, you might have considered the... Find out more »