2340 Detroit Ave, 3rd Floor Maumee, OH 43537 | Phone: 419-535-5502

Kaminsky & Associates, Inc. launches new mobile friendly website | Ohio Benefit Advisors

We are excited to announce the launch of our new website.  The site has a new long-page format, creating a modern feel that is easy to navigate, with a little local flair!  To check out our new website and learn more about how Kaminsky & Associates can help you with all your employee benefit solutions, … Continued

The COBRA Payment Process | Ohio Benefit Advisors

The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) allows qualified beneficiaries who lose health benefits due to a qualifying event to continue group health benefits. The COBRA payment process is subject to various rules in terms of grace periods, notification, premium payment methods, and treatment of insignificant shortfalls. Grace Periods The initial premium payment … Continued

Small Employers Ask about Form 5500 | Ohio Benefit Advisors

UBA’s compliance team leverages the collective expertise of its independent partner firms to advise 36,000 employers and their 5 million employees. Lately, a common question from employers is: If a health and welfare benefit plan has fewer than 100 participants, then does it need to file a Form 5500? If a plan is self-funded and … Continued

Small Employers Lead the Way in Funding HSAs | Ohio Benefit Advisors

The average employer contribution to an HSA is $474 for a single employee (down 3.5 percent from 2015 and 17.6 percent from five years ago) and $801 for a family (down 9.2 percent from last year and 13.7 percent from five years ago). There was a 26 percent increase in the number of individuals enrolled … Continued

Qualified Small Employer Health Reimbursement Arrangements and ERISA | Ohio Benefit Advisors

Certain small employers have the option to reimburse individual health coverage premiums up to a dollar limit through Qualified Small Employer Health Reimbursement Arrangements (QSE HRAs) under the 21st Century Cures Act (Cures Act). The Cures Act amends the Employee Retirement Income Security Act of 1974 (ERISA) to exclude QSE HRAs from the ERISA definition … Continued

The DOL’s Final Overtime Rule Saga Continues | Ohio Benefit Advisors

The change in the regulations that would increase the salary threshold for overtime exemption that was all over the news for the last several months may now be decided by the end of June. The Fifth Circuit Court of Appeals has granted the U.S. Department of Labor (DOL) another 60-day extension of time to file … Continued

An Employer’s Guide to Navigating the ACA’s Strong Headwinds | Ohio Benefit Advisors

One might describe the series of events leading to the death of the American Health Care Act (Congress’s bill to repeal and replace the Affordable Care Act) as something like a ballistic missile exploding at launch. The Patient Protection and Affordable Care Act (ACA) repeal debate began nearly a decade ago with former President Barack … Continued

Flex Work: Advantages in the New Workforce | Ohio Benefit Advisors

Flex Work.  No doubt you’ve heard this term (or some variation) floating around the last decade or so, but what exactly does it mean? Flexible work can vary by definition depending on who you ask, but one thing is for sure, it’s here to stay and changing the way we view the workforce. According to … Continued

Department of Labor Delays Enforcement of the Fiduciary Duty Rule | Ohio Benefit Advisors

On April 4, 2017, the Department of Labor (DOL) announced that the applicability date for the final fiduciary rule will be extended, and published its final rule extending the applicability date in the Federal Register on April 7. This extension is pursuant to President Trump’s February 3, 2017 presidential memorandum directing the DOL to further … Continued

Gig Economy 101 | Ohio Benefit Advisors

What is a Gig Economy?                                                             By Nicole Federico, eTekhnos Benefits Technology

Top