Blog Archives

Play or Pay: Is Your Health Plan “Affordable” for 2018?

The Affordable Care Act’s employer shared responsibility provision—often called the employer mandate or “play or pay”—requires large employers to offer health coverage to their full-time employees or face a potential penalty. (Employers with fewer than 50 full-time and full-time-equivalent employees …

Preview Marketplace Plans and Prices for 2018!

We can now preview Marketplace plans and prices for 2018 using the See Plans & Prices tool on HealthCare.gov! Open Enrollment starts in one week on Wednesday, November 1. Make sure you are ready to make informed choices about health …

Level Premium Self Funding

Here is a quick video explanation for a concept that is gaining in popularity. Take a look and let us know if you have any questions:

Telemedicine – What You Need to Know!

For this installment of The Daly Show, Meghann King joins us to talk about the fast-growing telemedicine (or telehealth) industry. Tune in to find out more about this new approach to care delivery:

Alternatives to Traditional Small Group Health Insurance

It’s that time of year when small businesses are looking at health benefits for the new year and evaluating options. During this renewal season, smaller businesses are in an interesting position. Businesses with fewer than 50 employees are not mandated by the Affordable Care …

The Individual Market in 2018: Steep Renewals and Fewer Options!

With open enrollment season looming just around the corner and memory of individual healthcare premiums increasing by an average of 17 percent in Louisiana in 2017, you may be wondering what is to come for 2018! Unfortunately, the forecast for …

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Breaking News: Costly Overtime Rule Struck Down

September 1st, 2017   On August 31, 2017, Federal District Court Judge Amos Mazzant overturned the Fair Labor Standards Act (FLSA) Final Overtime Rule that would have doubled the annual salary level to qualify for exemption from overtime from $23,660 to $47,476. …

When to Say Goodbye to Your Benefits Broker

For many businesses, the process of choosing and administering a health insurance benefits program is a daunting one. They often turn to benefits brokers to help them select and implement plans. Traditional benefits brokers offer assistance in choosing plans, but …

What are CSR Payment Plans?

There is quite a bit of talk these days about how uncertainty around CSR Payments could cripple the individual health insurance market (see article). This brings up a good question – What are CSR Payment Plans? Cost Sharing Reduction (CSR) …

The New Summary of Benefits and Coverage (SBC)

As open enrollment season approaches, employers and their advisors are getting ready to use the new Summary of Benefits and Coverage (SBC) format required under federal rules. The basic rules have been in place for several years, but 2017 is …

What are pay-per-use Health Insurance plans?

As health care costs continue to rise, level funding and self-funding are becoming a more and more attractive option for smaller companies. Technically speaking Benefit Administration Group uses level funded health insurance and insurance captives as the funding mechanisms for each pay-per-use health …

Human Resources Q & A of the Day

Question: We’ve hired a new employee and have agreed to reimburse their COBRA premium until they become eligible for our insurance. They provided us with proof (copies of checks and invoices) that they paid a 3rd party administrator for their COBRA …