by Todd | Apr 11, 2014
White House Extends Transition Policy for Canceled Health Plans Millions of Americans received notices in late 2013 informing them that their health insurance plans were being canceled because they did not comply with the ACA’s reforms. President Obama was criticized...
by Todd | Apr 4, 2014
Here is a video I made that explains how Self Funded Medical Plans work. I’ve used the diagram you’ll see in this video countless times to help people understand the parts of a self-funded program and how the protections help make the plan budget-able and...
by Todd | Jan 28, 2014
The new 2014 contribution limits and related limits for retirement plans have been released. Here is a Quick Summary: Defined Contribution Limit (employer & employee combined): $52,000 (formerly $51,000) 401(k) Salary deferral limit: $17,500 (unchanged) Maximum...
by Todd | May 15, 2013
$6,350 Individual/$12,700 Family Non-grandfathered plans that cover essential health benefits (EHBs) must limit member out-of-pocket expenses for EHBs (in-network) to $6,350 for individual plans and $12,700 for family plans. This applies to plan years beginning on or...
by Todd | May 10, 2013
As part of the Affordable Care Act (ACA), employers are required to notify their employees of the coverage options available through the new Health Insurance Exchanges (“Marketplaces”). Originally, employers were required to notify employees by March 1,...
by Todd | Mar 19, 2013
Beginning in 2014, individuals and small employers will be able to purchase health insurance through online competitive marketplaces, or Exchanges. The Affordable Care Act (ACA) directs each state that chooses to operate an Exchange to also establish a Small Business...
