Benefit Management Archives

MEDICAL LOSS RATIO (MLR) REBATES 2020

October 9, 2020

Are you an employer that is receiving a rebate check from your group medical insurance carrier? September 30 is the deadline for insurers to issue rebates, if required, under the Affordable Care Act’s medical loss ratio (MLR) rule. It is estimated that insurers will return over a quarter billion dollars to employer groups this year. … Continued

Proposed 2020 Benefit Payment and Parameters Rule | California Benefits Group

February 1, 2019

By BJA Partners

The Centers for Medicare & Medicaid Services (CMS) released a proposed rule for benefit payment and parameters for 2020. CMS also released its draft 2020 actuarial value calculator and draft 2020 actuarial value calculator methodology. According to CMS, the proposed rule is intended to reduce fiscal and regulatory burdens associated with the Patient Protection and … Continued

6 Reasons Self-Funded Plans Are Gaining Popularity | California Employee Benefits

August 28, 2018

By BJA Partners

Since the ACA was enacted eight years ago, many employers are re-examining employee benefits in an effort to manage costs, navigate changing regulations, and expand their plan options. Self-funded plans are one way that’s happening. In 2017, the UBA Health Plan survey revealed that self-funded plans have increased by 12.8% in the past year overall, … Continued

Cobra Liability in Mergers and Acquisitions | CA Employee Benefits Agency

August 16, 2018

By BJA Partners

The Consolidated Omnibus Budget Reconciliation Act (COBRA) requires certain group health plans to make continuation coverage available to certain individuals who would otherwise lose group health plan coverage due to a qualifying event. Employers who go through business reorganizations, such as mergers and acquisitions (M&A), will need to know whether COBRA continuation coverage must be … Continued

DOL Updates the Employer CHIP Notice | California Benefit Consultants

August 9, 2018

By BJA Partners

The U.S. Department of Labor (DOL) has updated the model notice for employers to use to inform employees about the Children’s Health Insurance Program (CHIP). All employers with group health plans are required to distribute a CHIP notice at least once a year to employees living in certain states. There is no need to send … Continued

10 Things You Didn’t Know About Life Insurance | California Benefit Consultants

July 16, 2018

By BJA Partners

Life insurance blah blah blah. Is that what you hear when someone mentions it as part of your new job’s employee benefits round-up or when you see something about it on TV or social media? Not to worry: we’ve got the low-down on what you need to know. And it’s really not as overwhelming (or … Continued

6 Questions on Dependent Care Spending Accounts | California Benefit Advisors

June 20, 2018

By BJA Partners

School’s out! Summer is here, and it’s the time of year when working parents have questions about using their Dependent Care Spending Accounts (DCSAs). Are summer camp expenses eligible? What about day versus overnight camps? Employers and benefit advisors want to be ready with answers about this valuable benefit program. The following are the top … Continued

MEDICAL LOSS RATIO (MLR) REBATES 2020

Proposed 2020 Benefit Payment and Parameters Rule | California Benefits Group

6 Reasons Self-Funded Plans Are Gaining Popularity | California Employee Benefits

Cobra Liability in Mergers and Acquisitions | CA Employee Benefits Agency

10 Things You Didn’t Know About Life Insurance | California Benefit Consultants

6 Questions on Dependent Care Spending Accounts | California Benefit Advisors

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