News

Agencies Issue Proposed Rules and Plans

November 22 | 2017
By: Danielle Capilla
Senior VP of Compliance and Operations

October was a busy month in the employee benefits world. President Trump announced a new Acting Secretary for the U.S. Department of Health and Human Services (HHS). Eric Hargan fills the position vacated by Tom Price, who resigned in late September 2017. The U.S. Department of Labor (DOL) issued a proposed rule to delay a […]

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Latest IRS ACA Round Up (Including 2018 Cost-of-Living Adjustments)

November 20 | 2017
By: Danielle Capilla
VP of Compliance and Operations, United Benefit Advisors

Recently, the Internal Revenue Service (IRS) issued the instructions for Forms 1094/1095 for the 2017 tax year, announced PCORI fees for 2017-18, and announced cost-of-living adjustments for 2018. The IRS provided additional guidance on leave-based donation programs’ tax treatment and released an information letter on COBRA and Medicare. Here’s a recap of these actions for […]

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2017 Health Plan Survey Shows Sharp Rise in Group Healthcare Premiums

November 10 | 2017
By: Peter Weber
M.S., CAE, President, United Benefit Advisors

I’m happy to report that this year’s UBA Health Plan survey achieved a milestone. For the first time, we surpassed 20,000 health plans entered—20,099 health plans to be exact, which were sponsored by 11,221 employers. What we were able to determine from all this data was that a tumultuous Presidential election likely encouraged many employers […]

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Benefit Plan Design: Charging Employees Different Premiums

November 8 | 2017
By: Danielle Capilla
Senior VP of Compliance and Operations

Employers who are designing a health and welfare benefit plan for their employees often wonder about the rules relating to setting premiums for employees. Employers generally have significant flexibility in this part of their plan’s design. Common structures contemplated by employers include, but are not limited to: Charging all employees a flat amount for their […]

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President Trump Ends ACA Cost Sharing Reductions

October 21 | 2017
By: Danielle Capilla
VP of Compliance and Operations, United Benefit Advisors

On the evening of October 12, 2017, President Trump announced that cost sharing reductions for low income Americans in relation to the Patient Protection and Affordable Care Act (ACA) would be stopped. The Department of Health and Human Services (HHS) has confirmed that payments will be stopped immediately. While there is no direct impact to […]

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October 2017 Executive Order on Healthcare

October 16 | 2017
By: Danielle Capilla
Chief Compliance Officer at United Benefit Advisors

On October 12, 2017, the White House released an Executive Order, signed by President Trump, titled “Promoting Healthcare Choice and Competition Across the United States.” It is important to note that the Executive Order (EO) does not implement any new laws or regulations, but instead directs various federal agencies to explore options relating to association […]

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The Perk of Pets

October 15 | 2017
By: Geoff Mukhtar
Communications Manager at United Benefit Advisors

Companies on the leading edge of employee benefits, especially those that want to stand out within an industry, will offer such pet-friendly perks in order to attract top talent. But what exactly are these benefits? According to an article titled, “Pet-Friendly Perks” in Human Resource Executive Online, employers are offering benefits such as pet insurance, […]

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Are you addressing your employee’s financial health?

October 11 | 2017
By: Nancy Cannon
Workplace Solutions Mutual of Omaha Insurance Company, a UBA Strategic Partner

The importance of health and wellness in the workplace is more apparent than ever. It’s obvious why healthy individuals make better employees and the positive impact this has on your bottom line. When thinking about building a program to improve the well-being of your employees, don’t forget about the importance of their financial health. In […]

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IRS Roundup: What Employers Need to Know about the Latest ACA Notices

October 9 | 2017
By: Danielle Capilla
Chief Compliance Officer at United Benefit Advisors

In spite of the recent efforts by Congress to change or repeal the ACA, its provisions are still in effect. The IRS has issued continuing guidance on the affordability rate for coverage, the employer shared responsibility provisions and reporting, and the individual mandate provision. IRS Released the 2018 Affordability Rate The Internal Revenue Service released […]

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VR for HR

October 4 | 2017
By: Geoff Mukhtar
Communications Manager at United Benefit Advisors

No matter how well traveled you are, or how busy your lifestyle may be, you likely haven’t been everywhere in the world, or done everything there is to do. There is technology out there, however, that can bring the world to you. That technology is called “virtual reality,” or VR for short, and it’s changing […]

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Religious Objections to Covering Contraceptives

September 11 | 2017
By: Linda Rowings
Chief Compliance Officer at United Benefit Advisors

On August 22, 2014, the Departments of Health and Human Services (HHS), Labor, and Treasury released an interim final rule and a proposed rule that provide some new accommodations to employers that have religious objections to covering contraception under their group health plans. The agencies also released a fact sheet on the rules and an […]

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Small Employers Keep Pace With Larger Firms In Containing Healthcare Costs

September 6 | 2017
By: Amanda Eisenberg

Small employers are doing a better job than large companies when it comes to containing healthcare costs, according to a new report from health insurance agency United Benefit Advisors. The special report, “Small Businesses Keeping Pace with Nationwide Health Trends,” found that employers with less than 100 employees are keeping pace with the average employer […]

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What You Need to Know about Health Flexible Spending Accounts

September 6 | 2017
By: Danielle Capilla
Chief Compliance Officer at United Benefit Advisors

A health flexible spending account (FSA) is a pre-tax account used to pay for out-of-pocket health care costs for a participant as well as a participant’s spouse and eligible dependents. Health FSAs are employer-established benefit plans and may be offered with other employer-provided benefits as part of a cafeteria plan. Self-employed individuals are not eligible […]

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Survey: Small Businesses Keeping Pace with Health Benefits Offered by Employers Nationwide

August 30 | 2017
By: Bill Olson
Chief Marketing Officer at United Benefit Advisors

Small employers, those with fewer than 100 employees, have a reputation for not offering health insurance benefits that are competitive with larger employers, but new survey data from UBA’s Health Plan Survey reveals they are keeping pace with the average employer and, in fact, doing a better job of containing costs. According to our new […]

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Strategic Benefits Communication: Five key steps to success this open enrollment season

August 17 | 2017
By: Kevin D. Seeker
Sun Life Financial, A UBA Strategic Partner

In previous posts, I have talked about several aspects of strategic benefits communication. Now it’s time to put those strategies into action. As we approach enrollment season, let’s look at five key steps to ensuring this year’s open enrollment is successful for you and your employees. 1. Determine your key objectives What do employees need […]

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What Employers Need to Know about the Senate Proposed Healthcare Bill

July 5 | 2017
By: Danielle Capilla
Chief Compliance Officer at United Benefit Advisors

On June 22, 2017, the United States Senate released a “Discussion Draft” of the “Better Care Reconciliation Act of 2017” (BCRA), which would substitute the House’s House Resolution 1628, a reconciliation bill aimed at “repealing and replacing” the Patient Protection and Affordable Care Act (ACA). The House bill was titled the “American Health Care Act […]

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HSA and Employer Responsibilities

May 25 | 2017
By: Vicki Randall
Compliance Specialist at Compliancedashboard, a UBA Certified Solution

It’s no secret that one of the primary agenda items of the new Republican administration is to repeal the Patient Protection and Affordable Care Act (ACA) and to sign into law a plan that they feel will be more effective in managing health care costs. Their initial attempt at a new plan, called the American […]

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Factor Emerging Trends, Generational Needs Into Wellness Program

May 23 | 2017
By: Jennifer Jones
Population Health Strategist at LHD Benefit Advisors, a UBA Partner Firm

Your wellness program seems to have it all – biometric screenings, lunch and learns, and weight loss challenges. So, why do you struggle with engagement, or to see any real results? While traditional wellness components are still a large part of plans today, emerging trends, coupled with generational differences, make for challenges when designing an […]

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Fringe Benefit Analysts Awarded “Small Business of the Year”

February 17 | 2017
By: Scott E. Deru RHU, REBC
President of Fringe Benefit Analysts, LLC.

On Friday, February 3, 2017, the Ogden-Weber Chamber of Commerce held it’s 100th Year Awards Dinner Gala. Fringe Benefit Analysts was one of three finalists for the 2017 “Small Business of the Year” based on criteria of business growth, involvement in the community and participation in the Ogden-Weber Chamber of Commerce. It is exciting to […]

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Deru Named Chairman of the Board of United Benefit Advisors

January 23 | 2017
By: Scott E. Deru RHU, REBC
President of Fringe Benefit Analysts, LLC.

Chicago, IL – Scott Deru, RHU, REBC was named Chairman of the Board of Directors of United Benefit Advisors (UBA) in addition to representing the West Region. UBA is an international organization with over 200 offices in the United States, Canada and Great Britain. UBA is the nation’s leading organization of independent benefit advisors who […]

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