IRS Reporting: Now What? | PA Employee Benefits

Applicable large employers and self-funded employers of all sizes have now completed the first round of required IRS reporting under the Patient Protection and Affordable Care Act (ACA). The ACA requires individuals to have health insurance, while applicable large employers (ALEs) are required to offer health benefits to their full-time employees. In order for the … Continued

Medical Marijuana Act | Pennsylvania Employment Law Update

On April 17, 2016, Pennsylvania Governor Tom Wolf signed the Medical Marijuana Act (S.B. 3) into law, making Pennsylvania the 24th state to legalize medical marijuana. In regards to employment, the law provides that a medical marijuana patient may be prohibited by his or her employer from: Performing any task the employer deems life-threatening, to … Continued

DOL Issues 31st FAQ on ACA Implementation | PA Employee Benefits

The U.S. Department of Labor (DOL) has issued its 31st FAQ on the implementation of the Patient Protection and Affordable Care Act (ACA), dedicated to coverage of preventive services, rescissions of coverage, out-of-network emergency services, clinical trial coverage, cost-sharing limitations, the Mental Health Parity Act, and the Women’s Health and Cancer Rights Act. Some highlights … Continued

Employers Ask: What Prevents Me from Reimbursing Individual Health Insurance Policies? | PA Employee Benefits

In serving 36,000 employers and 5 million employees, our UBA Partners get this question frequently: What federal guidance prohibits employers from reimbursing individual health insurance policies? Answer: The IRS has issued extensive guidance prohibiting employers from reimbursing health insurance policies on an individual basis. It issued two notices in 2015 that addressed this issue. In … Continued

ACA Regulations Roundup (and Free Resources) | PA Employee Benefits

The government was busy recently, issuing the massive Benefit Payment and Parameters rule in addition to numerous other updates. Our recent blog reviews the updates to the Benefit Payment and Parameters rule; for more detailed information as it relates to standardized plans, small employer definition, reinsurance fees, rating areas, guaranteed availability, exemptions, and more, download … Continued

Get the Facts on COBRA Coverage – Who, When and How Long? | PA Employee Benefits

As we mentioned in the first edition of this mini-series on the Federal Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA), “marketplaces” or “exchanges” created by the Patient Protection and Affordable Care Act (ACA) did not make COBRA obsolete. Rather, COBRA is still going strong. And while the general rule of COBRA is not necessarily … Continued

Top Five Best and Worst States for Group Health Plans | PA Employee Benefits

Health insurance premium renewal rates increased an average of 6.2 percent for all plans in 2015, up from the previous year’s 5.6 percent increase, according to UBA’s Health Plan Survey. Small businesses with fewer than 25 employees, which account for five million U.S. employers, were hit the hardest—see our breaking news with the details. When … Continued

 

Megro Benefits Company

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

Email Us