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 […]
Read MoreTop 15 Best Places to work Honor!
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, […]
Read MoreImportant Information for Medicare Recipients during Open Enrollment
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 […]
Read MoreA how-to guide for reference-based pricing
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 […]
Read MoreThe cost of not having an Updated, Comprehensive Employee Handbook
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 […]
Read MoreWhat is Labor Day and Why do we celebrate it?
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 MoreWhat is a QSEHRA and how could it save your business money? Is a QSEHRA right for your small business?
Qualified 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 […]
Read MoreWhat are you doing to keep your Employees?
In a “Full Employment Economy”, employers are having a difficult time keeping their top talent. While a higher income may win over some employees, studies have shown that most employees would trade additional salary for security and “perks”. Establishing a comprehensive employee benefit program will change the culture of your organization. Did you […]
Read MoreHow to prepare for Hurricane Barry
While we “Hunker Down” in anticipation for Tropical Storm / Hurricane Barry, we wanted to share a Hurricane and disaster prepare list. Hurricanes can shatter lives as well as damage property. Being prepared can help you, your family or your business minimize the impact of the storm. The best way time to start is before […]
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