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American Health Care Act Update – ACA Replacement Bill Withdrawn

On March 24, 2017, Republican leadership in the U.S. House of Representatives withdrew the American Health Care Act — their proposed legislation to repeal and replace the Affordable Care Act (ACA). House Republicans could not secure enough votes to approve the legislation, which was scheduled to be voted on that day. As a result, the [...]

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Posted in: Benefits and Insurance, Human Resources, Legislation

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2016 Employer Health Benefits Annual Survey: Summary

Each year, the Kaiser Family Foundation and the Health Research & Educational Trust (HRET) conduct a survey to examine employer-sponsored health benefit trends. We are pleased to announced that a detailed summary exploring the results of this survey is now available for all clients of CBG Benefits to download. Existing clients may login to the CBGconnect [...]

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Posted in: Benefits and Insurance, Human Resources, Wellness

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DOL Increases Penalties for Health Plan Violations

The Department of Labor (DOL) recently issued an interim final rule that increases the penalty amounts that may be imposed under the Employee Retirement Income Security Act (ERISA). These increases, which were designed to account for inflation, are associated with penalties for: Failing to file an annual Form 5500 Failing to provide the annual notice [...]

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Posted in: Benefits and Insurance, Human Resources, Legislation

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New Employee Benefits Video: The Importance of Preventive Care

We’re happy to share the news that the latest video in the “Know Your Benefits” series is now available. This animated video, which runs just over 90 seconds in length, may help your employees to see the importance of seeking preventive health care. It highlights items such as: How preventive care can help prevent medical problems [...]

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Offering Student Loan Repayment Benefits

Over the past several months, one of the most popular benefits and perks being discussed in industry publications and at industry events is Student Loan Repayment Benefits. Here are a few places where you (or your employees) may have read information about this topic: Workforce magazine: April 2016: “Indebted to You? Student Loan Benefit Could [...]

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ACA Reminders: Deadlines and Resources

I wanted to briefly remind you about upcoming deadlines regarding the Affordable Care Act that may impact your business and its employees. Employer Reporting Deadlines Generally, employers with 50 or more full-time employees, including full-time equivalents, in the previous year must comply with the ACA’s reporting requirements. Here are the deadlines for this year: Distributing [...]

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Posted in: Benefits and Insurance, Human Resources, Legislation

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Is Your Company Ready for Online Employee Benefits Enrollment?

According to a recent LIMRA research study,  7 in 10 employees prefer to enroll in employee benefits online as opposed to paper. However, there are still a significant number of organizations — especially those with fewer than 100 employees — that continue to only provide a traditional, paper-based enrollment process to their employees and ongoing new [...]

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Affordable Care Act News: Deadline Extension for Employer Reporting Requirements

On December 28th, 2015, the IRS announced that they will be extending the due dates regarding the Affordable Care Act’s employer reporting requirements (Section 6055 and Section 6056). The due date for furnishing forms to individuals has been extended from Feb. 1, 2016, to March 31, 2016. The due date for filing forms with the [...]

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Posted in: Benefits and Insurance, Human Resources, Legislation

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New Animated Employee Video: Choosing the Right Health Care Provider

We are happy to announce that the latest animated video in the “Know Your Benefits” employee communication series is now available for download. Entitled “Know Where to Go – Choosing the Right Health Care Provider“, this video provides guidelines on when employees should head to their doctor’s office, visit urgent care, or take a trip [...]

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5 Tips to Achieve Your Open Enrollment Goals

The annual open enrollment period for a company’s employee benefits program can certainly be a positive and rewarding experience for an organization and its employees. However, it also has the potential to significantly increase stress levels and the workload for a Human Resources department. To help your company achieve its goals at Open Enrollment, here [...]

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