CBG Benefits

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Posts Tagged 'self-funding'

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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Reinsurance Fee Contribution Form Due November 16, 2015

Under the Affordable Care Act, employers that provide a self-funded group health plan (as well as health insurance issuers for fully-insured plans) must fund a traditional reinsurance program. The fees will be used to help stabilize premiums for coverage in the individual market for the first three years of the Exchange operation (2014 – 2016). [...]

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Posted in: Benefits and Insurance, Human Resources, Legislation

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Reinsurance Fee Deadline Reminder: January 15th, 2015

I wanted to briefly remind you about an upcoming deadline regarding the Reinsurance Fee program. The first deadline for paying reinsurance fees under the Affordable Care Act is January 15, 2015. Under the ACA, health insurance issuers and self-funded group health plans are required to fund a transitional reinsurance program. Here is a brief overview of [...]

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Posted in: Benefits and Insurance, Human Resources, Legislation

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Reinsurance Fee Deadline Extended to December 19th

Under the Affordable Care Act, health insurance issuers and self-funded group health plans are required to fund a transitional reinsurance program. As a first step in that program, contributing entities must submit their 2014 enrollment counts. On December 5th, 2014, HHS announced that the submission deadline would be delayed once again. The new deadline is 11:59 p.m. [...]

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Posted in: Benefits and Insurance, Human Resources, Legislation

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Health Care Reform News: Reinsurance Fee Deadline Extended to December 5

On November 14th, 2014, the Centers for Medicare & Medicaid Services (CMS) extended an important deadline regarding the Reinsurance Fee program, which is part of the Affordable Care Act. The deadline for contributing entities to submit their 2014 enrollment counts has been moved to 11:59 p.m. on Dec. 5, 2014. Updated Deadline List Here is [...]

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Posted in: Benefits and Insurance, Human Resources, Legislation

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News for Self-Funded Employers: HPID Requirement Delayed

On Oct. 31, 2014, the Centers for Medicare & Medicaid Services (CMS) announced that enforcement of the Health Plan Identifier (HPID) requirement is delayed until further notice. The initial deadline required self-funded employer group health plans (among other “covered entities”) to obtain an HPID by Nov. 5, 2014. CMS has not yet indicated if or when [...]

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Posted in: Human Resources, Legislation

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Compliance Alert: Reinsurance Fee Contribution Form Due Nov. 17, 2014

Under the Affordable Care Act (ACA),  health insurance issuers and self-funded group health plans are required to fund a transitional reinsurance program. This year, contributing entities must submit their annual enrollment count by Nov. 17, 2014. To learn more about this fee, we encourage you to visit our CBGconnect portal today and download our Compliance [...]

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Posted in: Benefits and Insurance, Human Resources, Legislation

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Jeanne Nicholson of CBG Benefits Named One of the Most Influential Women in Benefit Advising

We are excited to announce that Jeanne Nicholson, Sr. Vice President of Benefit Consulting at CBG Benefits, has been named one of the Most Influential Women in Benefit Advising by Employee Benefit Adviser magazine. This award was provided to those that are not only making extraordinary contributions to the employee benefits field overall, but are also elevating the [...]

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Posted in: Benefits and Insurance, Company News, Human Resources

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Should Your Company Be Afraid of Self-Funding Employee Benefits?

Last week, I highlighted four advantages companies may achieve by self-funding employee benefits. While the advantages do hit on important goals, including finances, control, and flexibility, many employers still fear the self-funded option. To help companies ignore the hype and truly understand what level of risk is brought about by self-funding, I’m happy to make [...]

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Posted in: Benefits and Insurance, Human Resources

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