Mid-Size Employers and Transition Relief: How to Delay Offering Health Benefits until January 2016 | Megro Employee Benefits

The employer shared responsibility (i.e., “play or pay”) requirements went into effect in 2015 for large employers only (those with 100 or more full-time or full-time-equivalent employees). Even though they generally will not be liable for penalties until 2016, mid-size employers (employers with 50 to 99 full-time or full-time-equivalent employees) will need to report on the coverage they offered for 2015, so long as they meet the maintenance requirements for transition relief.

Are Electronic Plan Documents ACA-Compliant?

How is your company distributing compliance documents? Do you have a written process? Do you have written consent? It boils down to one simple question: Are you compliant?

Preparing for a DOL Audit with a Mock Interview

As the likelihood of an audit from the U.S. Department of Labor increases, every organization should be prepared so that this potential disaster can be handled with confidence. Conducting a mock audit can be key part of your prevention and preparation …

HRAs, HSAs, and HFSAs under PPACA

The Patient Protection and Affordable Care Act (PPACA) has had varying effects on the three account-based plans that employers often use in connection with their group health benefits. Health savings accounts (HSAs) are generally unaffected by PPACA, w…

So you’re being audited by the DOL. Are you ready?

Regardless of how sound your company’s business practices may be, a DOL audit needs to be dealt with professionally and expediently. Every organization should be prepared so that this potential disaster can be handled with confidence.

 

Fairmount Benefits Company

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

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