Get In Touch
Tag: PA insurance
-
Transitional Reinsurance (TRP) Contribution Form Due November 15 | PA Benefit Advisors
On October 3, 2016, federal officials posted the 2016 Transitional Reinsurance Program Annual Enrollment Contributions Form that health insurers and self-funded plan sponsors (employers) will use to make required payments under the Transitional Reinsurance Program (TRP). The 2016 report is due no later than November 15, 2016. Background The Affordable Care Act (ACA) prohibits insurers…
-
4 Financial Tips to Keep Your Family Safe | Pennsylvania Employee Benefits
It’s tough to get our financial house in order, not because it’s especially hard, but because it’s … boring? Tedious? The last thing we want to spend time on? To remedy that, here are four tips that you can take on and accomplish: 1. Make sure you have life insurance—or enough of it. Do you…
-
Ask the Experts: EEO-1 Filing | PA Employee Benefits
Question: What is the EEO-1 report, which companies need to file it, and where do we get the data for the report? Answer: The EEO-1 report is a compliance survey mandated by Title VII of the Civil Rights Act. All employers with 15 or more employees are covered by Title VII and are required to…
-
Financial Goals For Every Decade Of Your Life | PA Financial Advisors
For most people, becoming an adult means hitting major milestones like finishing college, getting married, having children and buying a home. While everyone isn’t on the same path, setting financial targets can help you achieve your personal goals — whatever they may be. Here are 12 tips for making sure they become a reality: Financial…
-
The FLSA Overtime Changes and Their Impact on Employee Benefits | PA Benefit Advisors
Most employers should be reviewing payroll budgets and job descriptions to ensure that changes to salaries and job classifications are all in order by the December 1 deadline based on the new overtime exempt salary threshold and other final rule changes to the Fair Labor Standards Act (FLSA). Another area that will be impacted by…
-
How to Implement a Workplace Fitness Program | Pennsylvania Employee Benefits
Implementing a workplace fitness program at the office can help your company’s bottom line. A study by The American College of Occupational and Environmental Medicine, with results published in a 2008 issue of the “Journal of Occupational & Environmental Medicine,” found that employees who engaged in workplace wellness programs saved $176 to $182 on health…
-
Employer Medicare Part D Notices Are Due Before October 15 | Pennsylvania Benefit Brokers
Are you an employer that offers or provides group health coverage to your workers? Does your health plan cover outpatient prescription drugs — either as a medical claim or through a card system? If so, be sure to distribute your plan’s Medicare Part D notice before October 15. Purpose Medicare began offering “Part D” plans…
-
Pennsylvania Employment Law Update | PA Employee Benefits
Mandated Health Benefits – Oral Chemotherapy Medication On July 8, 2016, Pennsylvania Governor Tom Wolfe signed legislation (H.B. 60) regarding health insurance coverage for oral chemotherapy medications. Pursuant to the bill, whenever a health insurance policy provides coverage that includes coverage for intravenously administered or injected chemotherapy medications which have been approved by the U.S.…
-
Supporting Your Employees During the Back-to-School Season | PA Benefit Advisors
As thoughts of changing weather and the impending holidays loom, September (and August, in many states) means back to school for employees with children. Don’t forget about your employees with college-age students, who may be driving them across the country to get set up in dorm rooms and ready to face life on a college…
-
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…
Blog