Final Rule on Short-Term Limited-Duration Insurance | PA Employee Benefits

On August 1, 2018, the Internal Revenue Service, the Department of Health and Human Services (HHS), and the Department of Labor (collectively, the Departments) released a final rule that amends the definition of short-term, limited-duration insurance. HHS also released a fact sheet on the final rule. According to the Departments, the final rule will provide … Continued

6 Reasons Self-Funded Plans Are Gaining Popularity | PA Benefits Agency

Since the ACA was enacted eight years ago, many employers are re-examining employee benefits in an effort to manage costs, navigate changing regulations, and expand their plan options. Self-funded plans are one way that’s happening. In 2017, the UBA Health Plan survey revealed that self-funded plans have increased by 12.8% in the past year overall, … Continued

Trust Equation | PA Benefit Partners

We are currently living in a low-trust society as a whole — we keep hearing that news is fake, science is fake, and so on. That makes it hard for us to trust anyone and is why we need to work on building trust in the workplace more than ever. Human resources professionals and business … Continued

DOL Updates the Employer CHIP Notice | PA Benefit Firm

The U.S. Department of Labor (DOL) has updated the model notice for employers to use to inform employees about the Children’s Health Insurance Program (CHIP). All employers with group health plans are required to distribute a CHIP notice at least once a year to employees living in certain states. There is no need to send … Continued

Wearable Technology | PA Benefit Brokers

Don’t lie–we ALL love gadgets. From the obscure (but hilariously reviewed on Amazon) Hutzler 571 Banana Slicer to the latest iteration of the Apple empire. Gadgets and technology can make our lives easier, make processes faster, and even help us get healthier. Businesses are now using the popularity of wearable technology to encourage employee wellness … Continued

6 Questions on Dependent Care Spending Accounts | PA Benefit Advisors

School’s out! Summer is here, and it’s the time of year when working parents have questions about using their Dependent Care Spending Accounts (DCSAs). Are summer camp expenses eligible? What about day versus overnight camps? Employers and benefit advisors want to be ready with answers about this valuable benefit program. The following are the top … Continued

The News about Association Health Plans | PA Benefit Brokers

On June 19, 2018, the U.S. Department of Labor released its Final Rule regarding Association Health Plans (AHPs). AHPs are not new, but they have not been widely available in the past and, in some cases, they have not been successful. The Final Rule is designed to make AHPs available to a greater number of … Continued

Is Fortnite Interfering With Your Workplace? | PA Benefit Advisors

If you haven’t heard, the latest video game craze is Fortnite Battle Royale. This free multiplayer game can be played on both PC & Mac computers, Xbox, Playstation, and iOS devices. Fortnite is set on an island where a floating bus drops 100 players to gather materials to build fortresses and collect weapons in order … Continued

 

Fairmount Benefits Company

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