CBG Benefits

The CBG Benefits Blog

Senate Releases the Better Care Reconciliation Act

On June 22, 2017, Republicans in the U.S. Senate released a draft of their proposal to repeal and replace the Affordable Care Act (ACA). The proposal is being called the Better Care Reconciliation Act (BCRA). Debate is currently occurring that will impact whether and when a vote may be taken regarding this Act. While some [...]

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Posted in: Benefits and Insurance, Human Resources, Legislation

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Employee Wellness Newsletter for June 2017: Summer Nutrition and Safety

To help your company educate its employees about wellness-related topics, we are happy to share the June 2017 edition of our “Live Well, Work Well” newsletter. This month’s edition focuses on topics regarding nutrition and safety during the summer season. The specific articles within the June 2017 edition of “Live Well, Work Well” include: Shop [...]

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Posted in: Benefits and Insurance, Human Resources, Wellness

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New Expiration Date for Health Insurance Exchange Notices is May 31, 2020

To help your company meet its ongoing compliance requirements, we’d like to inform you that the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has extended the expiration date on its model Health Insurance Exchange Notices to May 31, 2020. Previously, these model notices were set to expire on May 31, 2017. Please click [...]

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PCORI Fees Due by July 31, 2017

Under the Affordable Care Act, certain employers have an annual obligation to pay the PCORI fee. Generally, this fee applies to employers that have a self-insured group health plan and to employers that have a Health Reimbursement Arrangement (HRA) alongside their fully-insured group health plan. Sponsors of any applicable plans that ended in 2016 must [...]

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Employee Wellness Newsletter for May 2017: Tobacco Cessation, Spring Allergies, Screenings, and More

To help your company educate its employees about wellness-related topics, we are happy to share the May 2017 edition of our “Live Well, Work Well” newsletter. This month’s edition focuses on topics such as tobacco cessation, spring allergies, and the importance of screenings. The specific articles within the May 2017 edition of “Live Well, Work [...]

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Posted in: Human Resources, Wellness

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House Passes Changes to Overtime Rules

On May 2, 2017, the House of Representatives passed the Working Families Flexibility Act (also known as H.R. 1180). H.R. 1180 still needs approval from the Senate and the executive branch before it becomes law. However, to help our clients understand how this Act may potentially impact their business, we encourage you to log-in to [...]

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ACA Compliance Update: Affordability Percentages Will Decrease for 2018

Under the ACA, employees (and their family members) who are eligible for coverage under an affordable employer-sponsored plan are generally not eligible for the premium tax credit. The ACA provides that employer-sponsored coverage is considered affordable if the employee’s required contribution for self-only coverage does not exceed a specific percentage of the employee’s household income [...]

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IRS Announces HSA/HDHP Limits for 2018

On May 5, 2017, the IRS announced the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2018. The following chart highlights the updated limits: If you need assistance updating your plan designs and/or employee communication materials to reflect this change in the months to come, please contact our team [...]

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