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Author: Webber Advisors
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Guidance on Developing a Mentorship Program | Pennsylvania Employee Benefits
Question: What guidance or templates can you provide relevant to implementing a mentorship program? Answer: When considering the implementation of a mentoring program, there are many components that are critical to the foundation for success of the program. Specifically, what is the primary goal or objective of the program? Is the intent to onboard new employees…
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Guidance for Employers on the Zika Virus | Pennsylvania Benefit Advisors
Within the past few days, the Centers for Disease Control and Prevention have confirmed the transmission of the Zika virus by mosquitoes to individuals in Miami-Dade and Broward counties in Florida. Before this confirmation, the virus had been spread in the United States only through sexual transmission. The news of the spread of the virus by…
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Health Insurance Industry Terms You Need To Know | PA Employee Benefits
With the ever increasing amount of regulations in the Health Insurance industry – the amount of acronyms is rising rapidly. If you don’t follow the latest news religiously, then you could find yourself M.O. (missing out!). Even if you are a seasoned “insurance chooser” – some of the more common terminology could be just as…
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What is a health insurance exchange? | Benefits Broker Duncansville
Abridged from www.aetna.com Think of an exchange as an online marketplace. It’s a website where shoppers can research all their options and then buy health insurance. There are different types of exchanges. First, let’s talk about a public exchange. The Affordable Care Act requires every state to offer an exchange to its residents. States have…
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FAQs about COBRA | PA Employee Benefits
Abridged from www.dol.gov Question: Who is entitled to continuation coverage under COBRA? In order to be entitled to elect COBRA continuation coverage, your group health plan must be covered by COBRA; a qualifying event must occur; and you must be a qualified beneficiary for that event. Plan Coverage – COBRA covers group health plans sponsored…
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What You Need to Know About Student Loan Repayment and the Millennial Workforce | Benefits Specialist Pennsylvania
Millennials account for the largest demographic in the workforce today (Berman), and by 2025 will make up 75% of our working population (Forbes). With new technologies, more people deciding to branch out and start their own businesses and telecommuting jobs becoming popular, it’s important for employers to understand how they need to adapt previous HR…
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Advantages of Using Mail Order | PA Benefits Broker
www.uhctools.com Do you have medications that you take regularly? If so, you could have lower out-of-pocket costs and greater convenience with the mail-order pharmacy. Save money and time Depending on your benefit plan, you could save money by having your doctor prescribe a 3-month supply of medication by mail. You’ll have fewer refills and may…
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1094-B and 1095-B – What’s New | PA Employee Benefits Specialist
Abridged from www.irs.gov Filing requirements. Providers of minimum essential coverage are required to file Forms 1094-B and 1095-B for 2015 in accordance with the forms and these instructions to report coverage in 2015. Form revisions. For 2015, Form 1095-B, Part III, was revised to include Covered Individuals Continuation Sheet(s) used when there are more than…
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4 Ways to Get Financially Fit in Your 40s | Pennsylvania Employee Benefits
By Erica Oh Nataren www.lifehappens.org Many people in their 40s are facing an uncomfortable fact: They simply aren’t where they’d hoped to be financially. Fortunately, all their life experience can help correct for past mistakes. “There’s a different trigger moment for everybody,” says Jay Howard, financial advisor and partner at MHD Financial in San Antonio,…
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How to Make Your Parent a Dependent for Insurance | Duncansville Employee Benefits
By Melanie Jones www.livestrong.com Children may have to become the caregivers of aging parents. These parents may be faced with health issues and altered mental issues as they age. Occasionally, children may have to have their parents enrolled on their insurance plans as a dependent. Parents enrolled on a qualified medical insurance plan will ensure…
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