News, Views and Tips for Employers
Want to stay current on all things health insurance? Sign up for our monthly Employer Newsletter and our Benefits Briefs. Towne Benefits' monthly Employer Newsletter is packed with everything you need to know about industry advancements, changes, news, resources, products and services.
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December 2020 Newsletter
Inside this issue:
Encouraging Employees to Use Telehealth Services
Anthem Member Network Changes
Ways to Manage Poor Performance Among Remote Employees
Upcoming Webinars
Click here to read the full December 2020 newsletter!
November 2020 Newsletter
On Oct. 27, 2020, the IRS announced that the health FSA dollar limit on employee salary reduction contributions will remain at $2,750 for taxable years beginning in 2021.
October 2020 Newsletter
Federal law requires that health insurance carriers spend a certain percentage of fully insured plan premiums on medical care. If they spend less, they refund that money to their group clients.
Medicare Part D Notices Are Due Before October 15, 2020
Each year, Medicare Part D requires group health plan sponsors to disclose to individuals who are eligible for Medicare Part D whether the health plan’s prescription drug coverage is creditable.
September 2020 Newsletter
If you are confused about COBRA, you are in good company. COBRA can be difficult to administer. With COVID 19 and the recent changes to COBRA administration designed to help COBRA beneficiaries by providing more time to elect and pay for COBRA, it just became infinitely more difficult.
August 2020 Newsletter
Virginia is the first state in the US to pass a comprehensive occupational safety and health standard that deals exclusively with the coronavirus and COVID-19 disease.
July 2020 Newsletter
Disaster Relief Notices have introduced FSA plan changes due to COVID-19. Allowing mid-year election changes, extending grace periods, and more - discover what each notice entails and find out what they really mean for employers.
PCORI Fees are Due July 31, 2020
Thursday, June 18th, 2020
Posted in Benefits Briefs
The ACA imposes a fee on employers with an HRA or a self-insured plan in order to fund comparative effectiveness research. These fees are widely known as Patient-Centered Outcomes Research Institute (PCORI) fees.
June 2020 Newsletter
As a response to the COVID-19 challenges, Anthem is issuing premium credits to all Fully Insured employer groups based on their April 2020 invoices.
May 2020 Newsletter
Many states are putting plans into place to restart the economy. By taking workplace preparedness steps such as updating office layouts, encouraging new behaviors and evaluating existing policies, employers can help further prevent the spread of COVID-19 and protect the health and safety of employees.
April 2020 Newsletter
These are difficult times for countless employees. Many difficult decisions must be made within a very short time. To that end, I want to extend our services, without cost, to any employee who’s lost their job.
A Note from our President, Richard Herzberg, Regarding the COVID-19 Pandemic
It is heartbreaking to witness the destruction COVID-19 is reaping upon our community and the world. We are saddened by the shuttering of businesses, the furloughs and layoffs that have followed and, most of all, by the loss of life that has and...
The Coronavirus Aid, Relief and Economic Security (CARES) Act Passed into Law
Congress passed a $2 trillion economic stimulus package by an overwhelming vote in the Senate and the House. President Trump is expected to sign the bill immediately.
Families First Coronavirus Response Act Passed into Law
The Act requires employers to provide paid leave for some employees related to the coronavirus (COVID-19) pandemic, among other measures.
March 2020 Newsletter
Introducing MyWave Connect to Towne Benefits Employer Clients!
Coronavirus in the Workplace
Compliance Issues for Employers.
February 2020 Newsletter
The Department of Health & Human Services has Increased Civil Penalties for HIPAA Violations.
January 2020 Newsletter
A Proposed Rule on Health Care Transparency Could Affect Employer Plans.
Key ACA Taxes Repealed
On December 20, 2019, President Trump signed into law a spending bill that prevents a government shutdown and repeals three taxes under the ACA.