Small Businesses See Big Hikes in Health Plan Costs | Pennsylvania Employee Benefits

New Survey Data Reveals Health Plan Costs, Options by State and Industry Health insurance premium renewal rates increased an average of 6.2 percent for all plans in 2015, up from the previous year’s 5.6 percent increase, according to new survey data released from United Benefit Advisors (UBA), the nation’s leading independent employee benefits advisory organization. … Continued

IRS Reporting Tip: Check the Right Boxes on Your Cover Sheet | PA Employee Benefits

Under the Patient Protection and Affordable Care Act (ACA), individuals are required to have health insurance while applicable large employers (ALEs) are required to offer health benefits to their full-time employees. In order for the Internal Revenue Service (IRS) to verify that (1) individuals have the required minimum essential coverage, (2) individuals who request premium … Continued

Weeding Out Low Performers

Correctly recruiting and retaining the best performers could be the key difference in a company’s success.

Business Travel Is Seldom Done Leisurely

To quote singer Warren Zevon, “I’ve been to Paris and it ain’t that pretty at all.” Many people often think of business travel as a “free vacation” or that it’s all champagne and caviar (and if it is for you, I want to know where you work), but the reality is that it’s often very stressful.

What Is COBRA, and Does It Apply to My Business? | PA Employee Benefits

In the earlier days of the Patient Protection and Affordable Care Act (ACA), a common question among employers and benefit advisors was whether there would still be a need for COBRA, the Federal Consolidated Omnibus Budget Reconciliation Act of 1985. Many people speculated that COBRA would be a thing of the past. This was a … Continued

What Is COBRA, and Does It Apply to My Business?

In a series of articles, we will address COBRA in general and also delve into other related issues, such as mini-COBRA, COBRA and account-based plans, and the interaction of COBRA and Medicare.

2017 Benefit and Payment Parameters Rule and HIP FAQ | Pennsylvania Employee Benefits

The 2017 Benefit and Payment Parameters (BPP) rule, an annual rule that sets policies relating to the Patient Protection and Affordable Care Act (ACA), has been released by the Centers for Medicare and Medicaid Services (CMS). The 2017 rule contains numerous updates, including the annual open enrollment periods for the individual market, rating areas for small … Continued

 

Fairmount Benefits Company

Two Radnor Corporate Center
Suite 110
Radnor, PA 19087
610-567-0175
800-527-3615

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