CBG Benefits

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Posts Tagged 'fees'

Health Care Reform News: IRS Invites Comments on Cadillac Tax Implementation for 2018

On December 18th, 2015, President Barack Obama signed into a law a bill that delays implementation of the Cadillac Tax until 2020. While much of the discussion around the Affordable Care Act currently centers on the “Pay or Play” and Employer Reporting Requirement rules, there is no doubt that the “Cadillac Tax” provision is looming […]

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Posted in: Benefits and Insurance, Human Resources, Legislation

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Ted Haughey of CBG Featured in BenefitsPro Article About ACA Surcharges

Ted Haughey, Senior Vice President of CBG Benefits, was recently featured in an article that was published by BenefitsPro. The article, which is entitled “PPACA’s Smoking Gun“, focuses on the modifiable behavior surcharges that have been implemented by the Affordable Care Act. The article focuses on topics such as: The financial impact of the smoking […]

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

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IRS Announces 2014 Standard Mileage Rates

The IRS recently issued Notice 2013-80, which primarily provides the 2014 Standard Mileage Rates. Effective January 1st, 2014, the standard mileage rates are: Use of an automobile for business transportation or travel: 56 cents per mile Use of an automobile for medical care or as part of a move: 23.5 cents per mile Use of an automobile in rendering gratuitous services […]

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Taxes and Fees under the Affordable Care Act

In order to fund many of these changes implemented by the health care reform laws, the Affordable Care Act (ACA) imposes several new taxes and fees that may directly impact health plans and health plan sponsors. To help your company better understand what these fees are and how they may impact your business, we’re happy […]

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Posted in: Benefits and Insurance, Human Resources, Legislation

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Health Care Reform: IRS Updated Form 720 for PCORI Fees

Is your company responsible for paying the PCORI fees that are a part of the Affordable Care Act? Ted Haughey, Vice President of CBG Benefits, recently outlined how companies can determine their responsibility. If you are responsible, then it’s important to note that the IRS has released an updated Form 720, which is needed to report […]

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Employer Self-Insured Plans and PCORI Fees: Upcoming July Deadline

Does your company provide health coverage under a self-insured plan? If so, you will certainly want to be aware of an upcoming Health Care Reform-related deadline regarding PCORI. The deadline for employers to report and pay PCORI fees is July 31st, 2013. What Are They and Who is Responsible These fees were implemented to help […]

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Health Care Reform: Fee Comparison Chart

Under the Affordable Care Act (ACA), a number of changes were implemented that affect health reimbursement arrangements (HRAs). To cover the cost of some of these changes, new fees have been imposed on health insurance issuers and sponsors of self-insured health plans. These fees include Patient-Centered Outcomes Research Institute fees (PCORI) and Reinsurance fees. To help provide a clearer understanding […]

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Posted in: Human Resources, Legislation

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Research Fees and the Affordable Care Act

As implementation of the Affordable Care Act (ACA) moves forward, questions are being answered regarding how initiatives will be funded. One of those items is the Patient-Centered Outcomes Research Institute (PCORI). While both patients and health care providers will benefit from PCORI’s work, it’s important for employers to note how it will be funded. The Impact on […]

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Insurance Fees to Rise for Group Health Plans?

As implementation of the Affordable Care Act (ACA) moves forward, companies are seeking to understand how it will affect their business. Recently, attention has been given to the financial impact from risk-spreading programs within ACA. The transitional reinsurance program is intended to help stabilize premiums for coverage in the individual market from 2014 through 2016. […]

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Posted in: Benefits and Insurance

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