CBG Benefits

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Archive for 'Human Resources'

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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Posted in: Benefits and Insurance, Human Resources, Legislation

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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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Posted in: Benefits and Insurance, Human Resources, Legislation

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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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Posted in: Benefits and Insurance, Human Resources, Legislation

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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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Posted in: Benefits and Insurance, Human Resources, Legislation

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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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Posted in: Benefits and Insurance, Human Resources, Legislation

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House Passes ACA ‘Repeal and Replace’ Bill; Senate to Begin Deliberations

In a first step toward potentially repealing and replacing the Affordable Care Act (ACA), the U.S. House of Representatives passed the American Health Care Act on May 4, 2017. The bill will now be sent to the Senate. It is likely that the Senate will make changes to the proposed legislation before taking a vote. Until [...]

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Posted in: Benefits and Insurance, Human Resources, Legislation

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Employee Wellness Newsletter for April 2017: Nutrition and Fighting Illness

To help your company educate its employees about wellness-related topics, we are happy to share the April 2017 edition of our “Live Well, Work Well” newsletter. This month’s edition primarily focuses on the topics of fighting illness and nutrition. The specific articles within the April 2017 edition of “Live Well, Work Well” include: Phlegm: A [...]

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Posted in: Benefits and Insurance, Human Resources, Wellness

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New Expiration Date for Health Insurance Exchange Notice is April 30, 2017

Has your company been meeting its compliance requirement to distribute the Health Insurance Exchange Notice to new hires? If so, please note that the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has once again extended the effective date of its model notice. The revised version of the notice now has an expiration date [...]

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Posted in: Benefits and Insurance, Human Resources, Legislation

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Measuring and Improving Health Care Literacy: New Tools for Employers

As part of the benefits communication services we provide to our clients, we are pleased to announce the availability of a new tool that may help employers measure and improve health care literacy. This tool may be especially helpful for employers that have chosen to self-fund their plans as well as those that have (or [...]

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Posted in: Benefits and Insurance, Human Resources

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