BRIGHT SOLUTIONS. PEOPLE FOCUSED.

Category Archives: Uncategorized

In the Loop August 2024

The Impact of SCOTUS Overruling Chevron Deference On June 28, 2024, the U.S. Supreme Court issued a decision in Loper Bright Enterprises v. Raimondo and Relentless Inc. v. Department of Commerce. The Court overruled its 1984 decision in Chevron, U.S.A. … Continue reading

In the Loop July 2024

Biden Administration Cancels $7.7 Billion in Student Debt for 160,000 Borrowers On May 21, 2024, President Joe Biden announced that an additional 160,000 Americans would get their student debt—a collective $7.7 billion—canceled. With this move, the Biden-Harris administration has offered … Continue reading

In the Loop June 2024

Health Panel Drops Breast Cancer Screening Age to 40 On April 30, 2024, the U.S. Preventive Services Task Force (USPSTF) recommended that women get a mammogram every other year starting at age 40 and continuing until they are 74. Nearly … Continue reading

Benefits Buzz April 2024

DOL Releases ERISA Enforcement Results for 2023 The U.S. Department of Labor (DOL) has released the results of its Employee Benefits Security Administration’s (EBSA) enforcement actions during fiscal year (FY) 2023. The DOL has broad authority to investigate or audit … Continue reading

Benefits Buzz March 2024

IRS Releases ACA Pay-or-Play Penalties for 2025 The IRS recently released updated penalty amounts for 2025 related to the employer shared responsibility (pay-or-play) rules under the Affordable Care Act (ACA). For calendar year 2025, the adjusted $2,000 penalty amount is … Continue reading

Benefits Buzz February 2024

ACA Reporting Deadlines Are Approaching   Employers subject to Affordable Care Act (ACA) reporting under Internal Revenue Code Sections 6055 or 6056 should prepare to comply with upcoming reporting deadlines. For the 2023 calendar year, covered employers must: Furnish statements … Continue reading

Benefits Buzz January 2024

Health Plans Must Expand Price Comparison Tool for 2024 Beginning in 2024, group health plans and health insurance issuers must expand the internet-based price comparison tool they make available to participants, beneficiaries and enrollees so that it includes all covered … Continue reading

Benefits Buzz September 2022

ACA Pay or Play Penalties Increase for 2023 On Aug. 16, 2022, the IRS updated its FAQs on the Affordable Care Act’s (ACA) employer shared responsibility (pay or play) rules to include updated penalty amounts for 2023. The adjusted $2,000 … Continue reading

Benefits Buzz August 2022

Draft Forms for 2022 ACA Reporting Released The IRS released draft 2022 forms for reporting under Internal Revenue Code Sections 6055 and 6056. Draft instructions for these forms have not yet been released. 2022 draft Forms 1094-B and 1095-B are … Continue reading

Benefits Buzz July 2022

DOL Guidance on FMLA and Mental Health Conditions The Department of Labor’s (DOL) Wage and Hour Division has released new resources on workers’ rights to leave for mental health conditions under the Family and Medical Leave Act (FMLA). The DOL … Continue reading

Plan Implementation

Securing the best insurance package for your business begins with planning. Analyzing all your risks is critical to successful implementation of your employer group benefits.

Data Analysis

Data analysis allows you to manage and reduce your claims activity. By analyzing your losses, we can help you develop cost containment strategies and employee communication campaigns.

Communications

Understanding the increased complexity of employee benefits is a challenge. Staying abreast of the issues you face and developing strategies to meet the constant demands of business can give you a competitive edge.