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

Tag: ohio employee bnefits

Should Employers Opt Out of Their Coverage Opt-Out Program? | Ohio Employee Benefits

By

According to the 2015 UBA Health Plan Survey, fewer employers are offering bonuses to waive coverage, but for those that do, the bonus amount is on the rise. Only 2.9% of employers offered a bonus to employees to waive medical coverage in 2015, a 17.1% decrease from 3.5% two years ago. The average annual single … Continued

Question of the Month: How is PPACA’s “IRS Form W-2 safe harbor” regarding affordability calculated? | Ohio Employee Benefits

By

By Danielle Capilla, Chief Compliance Officer at United Benefit Advisors Answer: Under PPACA, coverage is considered affordable if it costs less than 9.5 percent of an employee’s household income. Because employers are often unaware of an employee’s household income, there are three safe harbors that an employer can use to determine affordability. One is the … Continued

Top