Managing Your Medications and Your Health

Choosing the medication that’s right for you is up to you and your doctor. Most insurance companies can help by offering an extensive list of covered brand, generic, and specialty medications so you and your doctor can decide what’s best for you based on...

Links to IRS Forms 1094 and 1095 plus instructions!

The forms for 1094 and 1095 healthcare reporting are available online from the Internal Revenue Service website. As a refresher: Form 1094-C is used by employers to give an overview of their plan and cost, and to prove they offered minimum essential coverage to their...

Employer Health Plan Reporting 6055 & 6056, 1095

Employer reporting requirements and information on Forms 1095 and 1094 6055 Overview – Minimum Essential Coverage Reporting Section 6055 requires health insurers and sponsors of self-insured plans to report on Minimum Essential Coverage (MEC) to the IRS annually. The...

The “Cadillac Tax” – IRS issues Notice on 40% Excise Tax

On July 30, the Department of the Treasury and the Internal Revenue Service (IRS) issued a second notice regarding the 40% Excise Tax a.k.a. the Cadillac Tax. The notice provides information on possible approaches that are being considered for administering the...