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Author: Webber Advisors
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2015 UBA Health Plan Survey: Preliminary Findings Are Out! | Pennsylvania Employee Benefits
By Bill Olson Chief Marketing Officer at United Benefit Advisors UBA’s annual Health Plan Survey, the largest of its kind, provides data on 10,804 employers sponsoring 18,186 health plans. While the full findings will be released soon, preliminary data on average health plan costs, premiums, and contributions is now available. The average annual health plan…
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Cadillac Tax | Pennsylvania Benefits Broker
Investigate how your employer is going to address the Cadillac Tax issue! A quick and easy to follow video which highlights the financial implications of the new excise tax and what you should be aware of now. This video (from a blog post on www.accountingaccidentally.com) has been written from the accounting view and not the…
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Affordable Care Act Information Returns | Duncansville Benefits Broker
By Danielle Capilla Chief Compliance Officer at United Benefit Advisors Under the Patient Protection and Affordable Care Act (ACA), individuals are required to have health insurance while applicable large employers (ALEs) are required to offer health benefits to their full-time employees. In order for the Internal Revenue Service (IRS) to verify that (1) individuals have…
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IRS Releases Draft 2015 Instructions for 6055/6056 Reporting | PA Benefits Broker
By Danielle Capilla Chief Compliance Officer at United Benefit Advisors Under the Patient Protection and Affordable Care Act (ACA), individuals are required to have health insurance while applicable large employers (ALEs) are required to offer health benefits to their full-time employees. In order for the Internal Revenue Service (IRS) to verify that (1) individuals have…
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UBA Survey Finds Self-Funded Pharmacy Plans Have Increased Nearly 30 Percent in Five Years | Pennsylvania Benefits Broker
By Bill Olson Chief Marketing Officer at United Benefit Advisors As a result of the Patient Protection and Affordable Care Act (ACA) triggering cost increases for fully insured employer-sponsored health insurance plans, more employers are moving to a self-funded model for pharmacy plans, particularly among large employers (1,000+ employees), according to the 2014 United Benefit…
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DOL Issues Guidance on Classification of Independent Contractors | PA Employee Benefits
By Danielle Capilla Chief Compliance Officer at United Benefit Advisors The Department of Labor (DOL) has issued an “Administrator’s Interpretation” to assist employers in determining if a worker is an employee or an independent contractor. The DOL has determined that many employers are incorrectly classifying employees as independent contractors, which can harm the worker and…
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IRS Issues Second Notice to Assist in Developing Cadillac Tax Regulations | PA Benefits Broker
By Danielle Capilla Chief Compliance Officer at United Benefit Advisors The IRS has issued its second notice regarding the upcoming implementation of the Patient Protection and Affordable Care Act’s (ACA) excise tax on high cost employer-sponsored health coverage, also known as the “Cadillac tax.” Beginning in 2018, plans that provide coverage that exceeds a threshold…
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Health Care Reform Lunch n Learn!
Are you struggling to understand the landmark health care legislation and what it means for your business? We are fast approaching January 2014, when the key provisions of the Patient Protection and Affordable Care Act (PPACA) are to take effect. President Barack Obama’s re-election and the Supreme Court’s decision to uphold important aspects of the…
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Webinar: The Impact of the November 2012 Election on PPACA – Where We Go From Here
The Impact of the November 2012 Election on PPACA – Where We Go From Here Tuesday, Dec. 11, 2012 – 2 p.m. ET / 11 a.m. PT We are fast approaching January 2014, when the key provisions of the Patient Protection and Affordable Care Act (PPACA) are to take effect. To date, regulations have not been issued…
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HIGHLIGHTS OF RULES ON ESSENTIAL HEALTH BENEFITS AND ACTUARIAL VALUE
On Nov. 20, 2012, the Department of Health and Human Services (HHS) issued a proposed rule that addresses a number of questions surrounding essential health benefits and determining actuarial and minimum value. This rule is still in the “proposed” stage, which means that there may — and likely will — be changes when the final…
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