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Thursday, October 8th, 2020
Virginia Beach, VA
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.
Tuesday, September 22nd, 2020
Virginia Beach, VA
Posted in Benefits Briefs
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.
Wednesday, September 2nd, 2020
Virginia Beach, VA
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.
Thursday, August 6th, 2020
Virginia Beach, VA
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.
Thursday, July 2nd, 2020
Virginia Beach, VA
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.
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.
Thursday, June 4th, 2020
Virginia Beach, VA
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.
Wednesday, May 13th, 2020
Virginia Beach, VA
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.
Thursday, April 9th, 2020
Virginia Beach, VA
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.
Wednesday, April 1st, 2020
Virginia Beach, VA
Posted in Benefits Briefs
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...
Friday, March 27th, 2020
Virginia Beach, VA
Posted in Benefits Briefs
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.
Thursday, March 19th, 2020
Virginia Beach, VA
Posted in Benefits Briefs
The Act requires employers to provide paid leave for some employees related to the coronavirus (COVID-19) pandemic, among other measures.
Monday, March 9th, 2020
Virginia Beach, VA
Introducing MyWave Connect to Towne Benefits Employer Clients!
Friday, March 6th, 2020
Virginia Beach, VA
Posted in Benefits Briefs
Compliance Issues for Employers.
Thursday, February 6th, 2020
Virginia Beach, VA
The Department of Health & Human Services has Increased Civil Penalties for HIPAA Violations.
Monday, January 13th, 2020
Virginia Beach, VA
A Proposed Rule on Health Care Transparency Could Affect Employer Plans.
Friday, January 3rd, 2020
Virginia Beach, VA
Posted in Benefits Briefs
On December 20, 2019, President Trump signed into law a spending bill that prevents a government shutdown and repeals three taxes under the ACA.