Posts Tagged: health insurance
IRS Announces Employer Health Insurance Affordability Threshold for 2020

If you’re a large employer, meaning one who employs more than 50 full time equivalents, then by now you are very familiar with the requirement to offer affordable health insurance to at least 95% of full time employees. Beginning in 2014, the IRS issued a mandate requiring all[…]

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“Medicare for All” – 8 Things You Should Know

As Presidential candidates from both sides ramp up their campaigns in preparation for the 2020 election, healthcare is positioned high on most agendas. With politicians throwing around terminology such as “Medicare for All”, “Public Option”, “Single Payer”, and “Socialized Medicine”, distinguishing the differences between each can seem daunting.[…]

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3 Employer Strategies for Saving Big on Health Insurance

In Arizona, between 80-85% of an employer’s health insurance premium is used by the insurer to pay claims. Companies looking to make a serious dent in health insurance costs need to focus on solutions that help reduce the insurer’s claim spend. Here are the 3 areas that have the[…]

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Arizona SB 1441: 4 Things Employers Need To Know

Nothing sours an employee on the company medical plan quicker than large unexplained medical bills following a serious health crisis. Often while trying to recover from a surgery or other traumatic health event, employees find themselves weeding through endless medical bills they don’t understand. Financial worries on top[…]

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IRS Announcement: New Deadline for Reporting Employee Health Coverage

Each year at this time I like to revisit for employers the deadlines for reporting employee health coverage to the IRS. The fines for late filings are hefty so it’s important that companies ensure they’re on track early in January. In November, 2018 the IRS issued Notice 2018-94,[…]

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IRS Announces Increase to Employer Penalties in 2019

If you’re a large employer, meaning one who employs more than 50 full time equivalents, then by now you are very familiar with the laws surrounding the IRS requirement to offer affordable health insurance to full time employees. Beginning in 2014, the IRS issued a mandate requiring all[…]

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Fighting Fraud: #1 Way Employees Abuse Employer Health Insurance

With health care costs continuing to rise, many employers are looking for additional ways to cut costs. Making sure your health plan covers only those who are eligible can be a significant cost saver. How can you do this? A dependent eligibility audit may be an option. Employers[…]

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Arizona’s Best Health Insurance Options for 2018

With all of the changes to the individual health insurance market in Arizona in recent years it can be difficult for employees to determine what their medical insurance options are outside of their employer-sponsored health plan. Often I find that employers themselves aren’t confident in the quality of[…]

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7 Benefit Plan Changes Employers Will Make in 2018

In the coming weeks thousands of employers across the country will begin receiving their 2018 health insurance renewals, proposing increases of anywhere from 1% – to 50% or more, depending on various factors. In determining how best to tackle that renewal increase it’s important to try and incorporate[…]

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