President Trump Makes First Moves Towards ACA Repeal – What Employers and Plan Sponsors Should Know Now | PA Benefit Advisors

Last Friday, one of President Donald Trump’s first actions in office was to make good on a campaign promise to move quickly to repeal the Affordable Care Act (ACA). He issued Executive Order 13765, Minimizing the Economic Burden of the Patient Protection and Affordable Care Act Pending Repeal. The one-page executive order (EO) is effective … Continued

Long-Term Care: A Threat to Retirement Security | PA Benefit Advisors

Employers I’ve talked to all have the same goal: to help employees build a sound retirement plan to achieve financial success and security. The main components to protect an employee’s financial future are managing a nest egg, growing investments, and safeguarding against uncertainty.The Missing ComponentAs an employer, you may be missing a key component in … Continued

Solving the Prescription Puzzle | PA Benefit Advisors

Determining how an employer develops the most effective formulary, while protecting the financial stability of the plan, is certainly the challenge of this decade. Prescription management used to mean monitoring that the right people are taking medications to control their disease while creating strategies to move them from brand name to generic medications. With the … Continued

IRS Reporting Tip 1 – 2016 Form 1094-C, Line 22

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.

What Is Employer Paid Term Life Insurance? | PA Benefit Advisors

Employer-paid life insurance can be an important part of protecting your family in the event that you die prematurely. Companies offer the program on top of other benefits, such as health insurance. The coverage is generally term insurance, meaning there is no investment or cash-value component. If you pass on unexpectedly, depriving your family not … Continued

Identify and Evaluate the Impact of Your Wellness Program | PA Benefit Advisors

Measuring program value, or return on investment, is critical and imperative in managing a healthy wellness program. Further, clearly identifying and objectively evaluating the impact helps keep the vendor focused on what is critical for the employer. If these programs are not having the impact intended, then the cost of those services is only adding … Continued

 

Megro Benefits Company

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Conshohocken, PA 19428
610-567-0175
800-527-3615

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