Let’s Face It; I’m Tired!

Have you noticed a recurring theme that we wish we had more time? In our quest to squeeze more out of the day, we often push sleep aside and humorously tell our friends and coworkers, “I’ll sleep when I’m dead.”

HRAs, HSAs, and Health FSAs – What’s the Difference? | Pennsylvania Employee Benefits

Health reimbursement arrangements (HRAs), health savings accounts (HSAs) and health care flexible spending accounts (HFSAs) are generally referred to as account-based plans. That is because each participant has their own account, at least for bookkeeping purposes. Under the tax rules, amounts may be contributed to these accounts (with certain restrictions) and used for health care … Continued

Top 10 Questions about the Minimum Value Penalty | Conshohocken Employee Benefits

An employer that offers minimum essential coverage to substantially all of its full-time employees may still owe penalties if the coverage it offers is inadequate because it is not “affordable” or it does not provide “minimum value.” It also may owe penalties on the employees it does not offer coverage to who receive a premium … Continued

Protect More Than Just Your Employee’s Health

As competition heats up in the job market, companies are always searching for that one great perk that might sway a potential candidate to choose them over anyone else.

Designing Your HRA or Flex Contributions to Meet Affordability Requirements | Pennsylvania Employee Health Insurance

An Applicable Large Employer (ALE) that offers minimum essential coverage (MEC) to substantially all of its full-time employees may still owe penalties if the coverage it offers is inadequate because it is not “affordable” or it does not provide “minimum value.” Coverage is considered affordable if it costs less than 9.5 percent of the employee’s … Continued

Plan Documents 101: Who Needs What and Best Practices

This webinar will help employers understand what plan documents they need, what the documents should contain, and the implications of using a “wrap document” to wrap the ERISA plan document and SPD requirements into one document.

 

Megro Benefits Company

One W. First Ave.
Suite 305
Conshohocken, PA 19428
610-567-0175
800-527-3615

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