2020 Key HSA Features
January 17, 2020High deductible health plans (HDHP) in conjunction with a health savings account (HSA) are increasing in popularity as more employees opt for this type of insurance plan and it’s all important tax advantage on the health savings account. [more]PCORI Fees FAQs
January 17, 2020The Affordable Care Act (ACA) created the Patient-Centered Outcomes Research Institute (PCORI) to help patients, clinicians, payers and the public make informed health decisions by advancing comparative effectiveness research. The Institute’s research is funded, in part, by fees paid by health insurance issuers and sponsors of self-insured health plans. These issuers are responsible for reporting and paying the PCORI fee by July 31st of each year following the last day of the plan year. [more]2020 ACA Overview & Checklist (pdf)
November 6, 2019This ACA Overview provides an ACA compliance checklist for 2020. [more]Are you an Applicable Large Employer (IRS p5208 ALE) (pdf)
November 1, 2019This Affordable Care Act (ACA) Overview summarizes the rules for applicable large employers (ALEs) using the look-back measurement method. [more]Benefits for Treatment of Eating Disorders – Can they be limited?
July 11, 2019Recent legislation and agency guidance has emphasized that eating disorders are a mental health condition, therefore, the treatment of an eating disorder is a mental health benefit. Coverage for eating disorders must be consistent with the federal mental health parity requirements. If your health plan is subject to the Mental Health Parity and Addiction Equity Act (MHPAEA), it must provide consistency between medical/surgical benefits and eating disorder benefits as it pertains to annual or lifetime limits, financial requirements, and quantitative and non-quantitative treatment limitations. [more]Brown & Brown Team Leaders Hike to the Summit of Mt. Shasta
June 26, 2019Lou Della Penna, Jr., President of Brown & Brown Benefit Advisors along with David Palmer from the Brown & Brown NE Trails Team and Brian Crowley of Brown & Brown Insurance Brokers of Sacramento hiked to the summit of Mt. Shasta on Friday, June 21st. [more]Brown & Brown Benefit Advisors Sponsors Golf for Rob Event
June 17, 2019Brown & Brown Benefit Advisors was a sponsor, and participant, at the Golf for Rob event on Friday, June 7th at the Ramblewood Country Club in Mount Laurel, New Jersey. It is the annual signature event of BBBA’s Senior Account Specialist Ashley Stoffel and her family’s organization. [more]Q & A w/ BBBA: If a fraudulent claim is submitted under COBRA, can the coverage be terminated for the qualified beneficiary?
June 14, 2019Should a qualified beneficiary submit a fraudulent claim you may terminate coverage, however, the following three requirements need to be met in order to do so. [more]NJ Health Insurance Mandate – Information for Employers
May 6, 2019Starting with Tax Year 2019, the New Jersey Legislature requires third-party reporting to verify health coverage information provided by individual taxpayers. That means employers must provide New Jersey taxpayers and the State with the same 1094 and 1095 health-care coverage information they sent to the IRS in Tax Year 2018. Employers will file health coverage forms through New Jersey’s system for filing of W-2 forms. Companies must file 2019 coverage information electronically by February 15, 2020. We will post instructions on this website in mid-2019. [more]Holistic Employee Benefit Plans Offer Long-term Value (workforce.com)
January 22, 2019In today’s health care environment, holistic programs are especially vital. Employees who are both mentally and physically healthy are more productive. [more]
