B3PA Company Blog
Blog Articles Regarding COBRA, HSAs, FSAs, HRAs and Other Health Plan Information
Understanding ICHRA Q&A
Individual Coverage HRA (ICHRA) Q&A Can an employer offer an ICHRA only to those who are Medicare-eligible? No. It must be offered on the same terms to all employees, or at least all
Choosing the Right Benefits for Employees
Choosing the Right Benefits for Employees Choosing the Right Flexible Benefit for Employees Trying to decide which of the many employer-sponsored benefits out there to offer employees can leave an employer feeling lost
UPCOMING CHALLENGES WITH ACA
IRS Eliminates Transition Relief and Removes Threshold Expanding Eligibility In the previous year, the IRS has provided relief of penalties to reporting entities that report incomplete or incorrect information as long as these
Safety Risk Managment
Safety Risk Management Safety risk management is the process of assessing, reducing, and mitigating the impacts of safety risks. Examples of safety risks are health risks (such as exposure to chemicals), physical risks
Handling of Medical Loss Rebate Checks
HANDLING OF MEDICAL LOSS RATIO REBATE (MLR) CHECKS Some employers with insured group health plans may have received rebate checks from their insurers. If you did, you will need to consider how to
New Disclosure Requirements
New Disclosure Requirements For Those that Contract with ERISA Group Health Plans – Disclosure Rules Go Into Effect at End of 2021 While these disclosure requirements are extensive, the disclosure provisions of the ERISA
Consolidated Appropriations Act
Consolidated Appropriations Act, 2021 Top Practical Considerations on FSA, Election Change Relief On December 27, 2020, the latest COVID relief bill, the Consolidated Appropriations Act, 2021, was signed into law. Under the FSA
Emergency Cash Plan
Emergency Cash Plan Emergency Cash Plan – The concept was designed to benefit working individuals and families. Unfortunately for most, it hasn’t worked as intended. For many Americans between 40 and 65,
Health Insurance Terms Defined
Third-Party Benefits Administration Health Insurance Terms To help you better understand what can sometimes be a confusing industry. In February 2002, the Federal Government’s Interdepartmental Committee on Employment-based Health Insurance Surveys approved the