Under the Affordable Care Act, employers who continue to use Employer Payment Plans are at risk of being fined a $100 dollars per day, per employee starting July 1, 2015.
As a small employer who wants to help employees with their health insurance costs, you’ve likely asked, “What is an Employer Payment Plan? What are the fines? And, is there another way to help employees with the cost of health insurance?” Continue reading
WASHINGTON — The Supreme Court ruled on Thursday that President Obama’s health care law allows the federal government to provide nationwide tax subsidies to help poor and middle-class people buy health insurance, a sweeping vindication that endorsed the larger purpose of Mr. Obama’s signature legislative achievement.
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By: Mary Thompson, Capstone Brokerage President, June 25, 2015
Why is having short term … Continue reading
Small businesses are changing the way they offer employee health benefits. Owners and employees are saving up to 60 percent by giving money to employees to buy their own personal plans directly from insurance companies. Continue reading
Fueled by an influx of expensive prescription drugs, group health insurance premiums are expected to increase an average of 5% to 8% in 2016. Continue reading
The high costs related to business interruption should provide an impetus for companies to prep for them in advance, according to industry experts.
During a recent webinar hosted by global broker Marsh, insurance experts detailed the top five issues related to business interruption and detailed why risk managers should anticipate all possible worst case scenarios in anticipation of loss. Continue reading
As a small business owner, there are dozens of ways to measure success. Success is launching new ideas, profits earned, and contributions to the community and industry. But perhaps the most central among these is the impact small business owners have on the lives of employees. Continue reading
Federal regulations prohibit businesses from paying directly for employee’s individual health insurance premiums, outside of a Section 105 Medical Reimbursement Plan (e.g. a Health Reimbursement Arrangement or Healthcare Reimbursement Plan), or other IRS/HIPAA/ERISA-qualified tax-free vehicle (e.g. Section 125). Continue reading
