2020 No Contribution/No Participation Option Period Is Open; Applies to: Small Groups (1-50 employees) Deadline: Dec. 16, 2019 From Nov. 1 through Dec. 15, 2019, small groups purchasing ACA/Metallic plans can opt to waive participation and contribution requirements. The No Contribution/No Participation Option is available to new groups: Applying for coverage during the annual open […]
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How to help employees take control of their healthcare during open enrollment By Shobin Uralil Open enrollment season is here, and while your HR team has spent weeks preparing, many people would rather go to the DMV than review the details of healthcare plans. According to new research by Unum, a benefits provider and insurance company, 75% […]
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2020 No Contribution/No Participation Option Period Is Open; Applies to: Small Groups (1-50 employees) Deadline: Dec. 16, 2019 From Nov. 1 through Dec. 15, 2019, small groups purchasing ACA/Metallic plans can opt to waive participation and contribution requirements. The No Contribution/No Participation Option is available to new groups: Applying for coverage during the annual open […]
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The Houston Business Journal (HBJ) recently awarded ABM Insurance & Benefit Services Inc. as one of “Houston’s Best Places to work” for 2019. The HBJ conducts surveys every year, surveying employees, vendors and clients. Surveys are ranked on a scale of 1 to 100. We were pleased to award ABM Insurance & Benefit Services, […]
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With so many options available, selecting the appropriate Part D (prescription plan) can be a daunting task. Which plan is best for you and how can you make sure you select a plan that will provide you the best value – lost cost. If you are eligible for Medicare and enrolling in a Part D […]
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A how-to guide for reference-based pricing By Caroline Hroncich October 22, 2019, 3:49 p.m. EDTEmployers and advisers alike have been buzzing about about reference-based pricing (RBP) — a relatively new method for managing health costs set outside traditional insurance carriers.While a small number of employers have implemented RBP, it has helped some companies save money. For […]
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DO YOU HAVE AN UP-TO-DATE, COMPREHENSIVE EMPLOYEE HANDBOOK? A well-written and well-maintained employee handbook is vital from a legal standpoint. Our clients have access to two versions of a completed employee handbook that is regularly reviewed and updated by attorneys. DO YOU HAVE A SMALL OR UNDERSTAFFED HR DEPARTMENT? HR departments are often short […]
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Labor Day, the first Monday in September, is a creation of the labor movement and is dedicated to the social and economic achievements of American workers. It constitutes a yearly national tribute to the contributions workers have made to the strength, prosperity, and well-being of our country. It was created by the labor movement in the late 19th […]
Read MoreQualified Small Employer Health Reimbursement Account (QSEHRA) is a type of health reimbursement arrangement (HRA), the qualified small employer HRA (QSEHRA) is a health benefit for small businesses with fewer than 50 employees. With a QSEHRA, companies can reimburse employees tax-free for their medical expenses, including personal insurance premiums. In 2013, IRS Notice 2013-54 issued guidance […]
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