CBG Benefits

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Posts Tagged 'HR Compliance'

CBG Benefits Acquired by Risk Strategies

I have some exciting news that I’d like to share with you. In May 2018, CBG Benefits entered into an acquisition agreement with Risk Strategies, a privately held, national specialty insurance brokerage and risk management advisory company. Risk Strategies is headquartered in Boston. Please click here to read the full press release regarding the acquisition. [...]

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Medicare Part D Disclosure to CMS: March 1, 2018 Deadline Reminder

Each year, applicable employers are required to complete an online disclosure with CMS and report whether their health plan’s prescription drug coverage is Medicare Part D creditable or non-creditable. Plan sponsors are required to report 60 days after the start of the plan year. Thus, if you renewed January 1, 2018, this year’s deadline is [...]

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Posted in: Benefits and Insurance, Human Resources, Legislation

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Medicare Part D Notice: October 14, 2017 Deadline Reminder

In preparation for the Medicare fall open enrollment period, employers that sponsor group health plans that include prescription drug coverage are required to notify all Medicare-eligible individuals whether such coverage is creditable. This year, plan sponsors must provide the annual disclosure notice to Medicare-eligible individuals by October 14, 2017. The creditable coverage disclosure notice must [...]

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USCIS Releases New Form I-9 and Form I-9 Instructions on July 17, 2017

On July 17, 2017, the USCIS released a new version of and instructions for Form I-9, Employment Eligibility Verification. Employers must use only the new version by September 18, 2017. Here is an overview of some of the key changes: The Consular Report of Birth Abroad (Form FS-240) will be added to List C. Employers [...]

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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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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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New Expiration Date for Health Insurance Exchange Notices

To help your company meet its compliance requirements, we’d like to inform you that the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has extended the effective date of its model Health Insurance Exchange Notices through March 31, 2017. Previously, these model notices expired on February 28, 2017. Employers may click here to download [...]

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Updated Version of Form I-9 Released

On November 14th, 2016, an updated version of Form I-9: Employment Eligibility Verification (I-9 Form) was released. Employers will be allowed to continue using the current form (which was most recently revised in 2013) until January 21, 2017. Employers are thus expected to use the revised form exclusively by January 22, 2017. Form Changes and [...]

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Overtime Rule Blocked by Federal Court; Implementation Delayed

On November 22, 2016, a federal judge in Texas halted the enforcement of the DOL’s new overtime rule until further notice. The rule, which was set to take effect on December 1, 2016, would have increased the salary threshold for the “white collar overtime exemptions” to $47,476 per year. While the judge’s preliminary injunction may [...]

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ACA Reporting for 2016: Deadline Extension Announced for Form 1095-C Distribution

On November 18th, 2016, the IRS announced a deadline extension that may benefit employers that need to comply with the Affordable Care Act’s Employer Reporting Requirements. Here are the main two changes that were announced: The due date for distributing Form 1095-C documents to employees has been extended from January 31, 2017 to March 2, [...]

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Posted in: Benefits and Insurance, Human Resources, Legislation

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