2019 ACA deadline dates for 2018 reporting
February 1, 2019 Employers start receiving 2018 tax year exchange notices February 28, 2019 Deadline to file 1094-C/1095-C schedules if paper filing March 4, 2019 (Previously January 31,2019) IRS deadline to furnish 1095-C schedules for 2018 employees April 1, 2019 Deadline to file 1094-C/1095-C schedules if electronic filing April 15, 2019 […]
IRS Guidelines – Indexed for 2019
FICA Social Security Tax is 6.2% on income up to $132,900 up from $ 128,400 Medicare Tax unlimited 1.45% to Unlimited High Deductible Health Plans Minimum Annual Deductible (Individual/Family) $1,350 / $2,700 Maximum Out-of-Pocket Limit (Individual/Family) $6,750 / $13,500 Health Savings Accounts Individual / Family $3,500 / $7,000 Catch-up Contribution $1,000 ACA Plan Limits Out-of-Pocket Limits […]
Become a Mountain Man – A worthwhile New Years Resolution!
We can learn a lot from Mountain Men. Like taking the time to sharpen our saw. The saw is like business operations. If you don’t take time to sharpen your methods and skills it could dramatically affect your business. Don’t be so focused on current day activities they don’t take time to evaluate operations to […]
Why do hackers want your health care data?
Health care information has a much longer shelf-life than other targets like credit cards, which become useless once a consumer gets a new card. Medical and insurance information has value for years. Employers, if an employee is hacked that employee will be totally engaged restoring their accounts. Employee Benefit Advisors strongly recommends offering Credit/Identity Monitoring […]
Cologuard vs Colonoscopy
Concerned about being at risk for colon cancer? Don’t like the idea of a colonoscopy? You may want to consider learning more about Cologuard, an at-home testing kit that screens you for colon cancer. What it is. Cologuard is a noninvasive, prescription-only test. It’s designed for adults 50 years or older who are at average […]
New Rules for Short-Term Health Plans may help employees in transition
The new rule will allow individuals to purchase short-term, limited-duration health insurance coverage for a period of less than 12 months, and renew coverage for up to 36 months. Under current law, the maximum coverage period is less than 3 months, and cannot be renewed. Short-term, limited-duration health insurance is: • Not required to comply […]
Dietary Impact on Health
Meet Jeanette, she has lupus. (A chronic autoimmune disease in which the body’s immune system becomes hyperactive and attacks normal, healthy tissue. This results in symptoms such as inflammation, swelling, and damage to joints, skin, kidneys, blood, the heart, and lungs.) (Jeanette mentions PatientsLikeMe in her video. PatientsLikeMe is a free website where people can share their […]
COBRA Check
Who is administering your COBRA? If it’s an insurance carrier they may not be administering all aspects of the eligible benefits. Read and make notes, better yet verify your COBRA plan is being properly administered. The fines for failing to do so can be staggering. COBRA provides former employees, spouses, and dependent children the right […]
Association Health Plans – An update from the DOL
The DOL issued a new rule that allows employers to join together to offer group health insurance coverage. The rule allows association health plans to be formed based on industry or geography, such as by state, city, county, or multi-state metropolitan area. The association health plans will be subject to the large group coverage nondiscrimination rules. […]
HealthKOS is Health in Your Hands
With a click of a button, patients have access to their health history from any mobile device and share it with physicians or patient care members. HealthKos is a solution which shares information via automated interactions, within the patient care network. The processes optimizes medication use and care coordination. Health data points can be recorded […]