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Medicare Part D: Creditable Coverage Disclosures | Ohio Benefit Advisors

Entities such as employers with group health plans that provide prescription drug coverage to individuals that are eligible for Medicare Part D have two major disclosure requirements that they must meet at least annually: Provide annual written notice to all Medicare eligible individuals (employees, spouses, dependents, retirees, COBRA participants, etc.) who are covered under the … Continued

Ask the Experts: Dealing With FSA Carryover Funds | Ohio Benefit Advisors

Question: If an employee has a small health flexible spending account (FSA) balance with a carryover to the next year, and the employee chooses not to participate in the new FSA year, can the employer force the employee to use those funds so as not to incur additional administrative fees in the next plan year? Answer: … Continued

Compliance Recap for April 2014

Check out the latest compliance including newly released minimums and maximums for health savings accounts.

Compliance Recap for November 2013

November brought several developments of interest to group health plans. Play catch up with this quick compliance overview on PPACA, FSA’s, enrollment, exchanges and more

PPACA’s 2013 provisions near implementation

Employers need to be proactive for 2013 while thinking ahead for 2014.

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