InterWest Insurance Services

DECEMBER 9, 2021

As we enter 2022, there are a number of changes on the horizon that plan sponsors need to be aware of as they will affect group health plans as well as employees enrolled in those plans. The CAA created a number of new requirements that affect health insurance and coverage. More guidance coming.

Health Insurance 80

Health Insurance Insurance Insurance Carriers Deductions 80

InterWest Insurance Services

AUGUST 18, 2022

.” Employees cannot change their minds and make changes to pre-tax cafeteria elections during the plan year, once benefits become effective — unless a special enrollment period as defined under IRC Section 125 applies , or the employer is correcting an administrative error. This is not correct.

Insurance Carriers 72

Insurance Carriers Taxes Employee Enrollments Health Insurance 72

Total Employee Benefits

DECEMBER 14, 2021

Beginning December 27, 2021, as part of the Consolidated Appropriations Act, covered service providers – insurance providers, benefits brokers, agents, and consultants – are required to disclose any compensation they expect to receive over $1,000. In this case, you already know how much and from whom your broker is being paid.

Insurance Carriers 52

Insurance Carriers Health and Welfare Insurance Employee Enrollments 52

Empuls

AUGUST 28, 2024

Employee benefits providers are organizations that specialize in designing, administering, and managing employee benefits packages on behalf of employers.    These providers handle the complex tasks of negotiating with insurance companies, managing enrollment processes, and ensuring compliance with regulations.

Benefit Providers 40

Benefit Providers Employee Benefits 401(k) Retirement Plan 40