Essential StaffCARE, in conjunction with Staffing Industry Analysts, recently had the opportunity to produce a webinar dealing with important topics facing the insurance field today. Delivered by Senior Analyst Marco Nunez, Essential StaffCARE chose to explore the importance of including voluntary benefits in a medical benefits landscape very constrained by the Affordable Care Act.
<iframe src=”https://player.vimeo.com/video/316867318″ width=”640″ height=”360″ frameborder=”0″ webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>
<p><a href=”https://vimeo.com/316867318″>ESC Overview_V3</a> from <a href=”https://vimeo.com/user91150118″>Lindsay Jones</a> on <a href=”https://vimeo.com”>Vimeo</a>.</p>
Alert: IRS Issuing Penalties to Employers who Fail to Distribute 1095-C Forms to Employees and who Fail to File 1094/1095-C Forms with the IRS
While IRC 4980H penalties for not offering required ACA health coverage remain in effect, the IRS is beginning to send employers a new set of penalties.
ERISA reporting and employee disclosure violations can add up quickly. ERISA compliance is not an option, it is the law, and failure to comply can generate thousands in penalties!
On Thursday, September 20, 2018 ESC hosted our trusted partner myHRcounsel for a webinar to discuss ERISA compliance, penalties, and the benefits of SPD “Wrap” documents.
Many employers rely on their broker or plan administrator to provide the necessary ERISA disclosures to plan enrollees. While ESC provides ERISA-compliant disclosures to employees enrolled in any of the products we offer, this is often not the case with other health and welfare benefit providers. If you offer benefits to internal or temporary employees other than those provided by ESC, you will not want to miss this free webinar.
ESC partner myHRcounsel is a law firm specializing in employment law including issues related to ERISA and ACA compliance. This free webinar will explain your staffing company’s responsibilities under ERISA, and provide a quick overview of the legal and compliance services myHRcounsel has developed for staffing companies (and deeply discounted for ESC clients!).
Click here to watch a replay of the ERISA Compliance Webinar or click here for more information about myHRcounsel’s services which have been significantly discounted for ESC clients.
The Patient-Centered Outcomes Research Institute (PCORI) trust fund fee was established by the Affordable Care Act and is assessed for each plan year ending after September 30, 2012 and before October 1st, 2019. The fee is applicable on sponsors of self-insured plans and is intended to help fund medical research.
Essential StaffCARE has prepared a helpful guide to understanding and calculating PCORI fees.
Please review the guide here.