Benefits Administration

The IRS has announced an increase in the ACA affordability threshold to 9.02% for 2025. This change may require employers to adjust health coverage contributions to remain compliant with ACA regulations and avoid penalties. Learn more about how these updates impact your responsibilities as an employer.

Employers are now required to submit annual RxDC reports detailing prescription drug and healthcare spending under the Consolidated Appropriations Act. This blog covers the key reporting requirements, deadlines, and steps to ensure compliance with federal regulations.

Employers sponsoring group health plans must comply with the Gag Clause Prohibition under the Consolidated Appropriations Act of 2021. This blog outlines key employer responsibilities, the steps for completing the required Gag Clause Prohibition Compliance Attestation, and tips for ensuring compliance to avoid penalties.

Employers offering prescription drug coverage must submit Medicare Part D Creditable Coverage Disclosures to CMS. Learn what it is, why it matters, and how to stay compliant.

Learn how to use it to improve benefits or reduce costs for your employees. Discover best practices for managing surplus funds and making informed decisions.

Special Enrollment Periods provide the opportunity to secure vital health insurance coverage during unexpected life events. Understanding qualifying life events and the required documentation is crucial for making adjustments outside the regular Open Enrollment Period.

This post outlines the significance of managing employee benefits and compliance in the United States. It covers three key employee record types, federal requirements, and offers insights into precise accounting for employee benefits. Ensure compliance and effective budget management with this valuable information.

Self-funding allows employers to manage the costs of employee health coverage while gaining greater control over their health plan design.