Anthem Town Hall Meeting
Anthem’s coming to town to share their new products, network strategies and procedures!
DetailsAnthem Balanced Funding Product is Here!
Contact Bestefits to learn more about Anthem’s Balanced Funding medical insurance plans. This is a way to get the benefits of claims transparency and savings while reducing the risk of self-funding.
DetailsBestefits launching Identity Theft Protection Services
Bestefits launching Identity Theft Services as employee benefit offering for clients.
DetailsAre your employee benefit program eligibility rules in writing?
“In addition to forcing employers to grapple with potential increases in healthcare costs and tax penalties, the Employer Mandate poses additional risks if you are not careful in how you implement (and document) your compliance strategies.”
Considering Self-Funding? Some things you should know…
It was not long ago that self-funding medical insurance was considered a large employer concept. For understandable reasons, smaller and smaller employers have been considering and adopting this option in recent years. If you’ve had questions and ideas like these pop into your head… “There is no way medical insurance should cost this much!”, “Why…
Details“I’ve had to reduce my waiting period because of Health Care Reform. So, what’s the story with this new 30 day Orientation Period that I can add to the waiting period and when can that start?”
“On June 20, 2014, the Departments of Labor (DOL), Health and Human Services (HHS) and the Treasury released new final regulations on application of the 30-day orientation period under the 90-day waiting period limit, [60 days in California]. The proposed regulations had provided that one month be the maximum allowed length of of any reasonable…
DetailsWill there be less of a tax break for group health plans in the future?
I have been saying since the initial rumblings of Health Care Reform that tax treatment of group medical insurance may be on its way to great change. As soon as it became mandatory to list the full premium of group medical insurance on W-2’s, even though it is noted that there are presently ‘no tax…
DetailsGood news for small employers!
A number of group medical insurance carriers are reducing their participation requirements from the normal 75-65% down to as low as 25%. Insurance carriers are responding to increased demand for group health insurance and understand that some employers were not able to meet the traditional participation requirements as a result of budget constraints and employee…
DetailsWelcome to your June, 2014 updates on Health Care Reform, employee benefits compliance, employment practices and other useful information
Given that Health Care Reform has meant sweeping changes for employer-sponsored healthcare and numerous updates as result of clarifications by the IRS, DOL and HHS on portions of the law that were ambiguous or inconsistent, we have seen on-the-spot modifications as legislators attempt to address some of the unreasonable or impractical implications of the law…
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