admin, Author at Diversified Group

Are you prepared for the New ACA reporting requirements due in January 2016 for 2015?

admin2015-08-07T18:39:08+00:00

Beginning in January 2016 for the 2015 calendar year, the Affordable Care Act requires information reporting on minimum essential coverage. For fully-insured plans, insurance carriers are responsible for the reporting. For self-insured plans, employers, regardless of size, are responsible for the reporting. Applicable large employers (ALEs), employers who average 50 or more full-time and full-time [...]

Are you prepared for the New ACA reporting requirements due in January 2016 for 2015?admin2015-08-07T18:39:08+00:00

OUTSIDE the Beltway

admin2015-08-03T20:53:06+00:00

SIIA Members are Effective Advocates in Many Ways, From Testimony, to Lobbying Resources, to 'Pyramid' Written by Dave Kirby Continuing the series of articles on SIIA government relations activities among the states. Dring the summer lull in legislation among the states, SIIA government relations staff took time to review some lessons learned while While legislative [...]

OUTSIDE the Beltwayadmin2015-08-03T20:53:06+00:00

Supreme Court Same-Sex Marriage Decision – What Are The Implications to Self-Funded ERISA Plans?

admin2015-07-14T09:13:13+00:00

On June 26, 2015, the United States Supreme Court, in Obergefell v. Hodges, struck down all state bans on same-sex marriage. Previously, in 2013, the Supreme Court ruled, in United States v. Windsor, that federal law must recognize a same-sex marriage that was valid under state law. The Obergefell decision will have little impact on [...]

Supreme Court Same-Sex Marriage Decision – What Are The Implications to Self-Funded ERISA Plans?admin2015-07-14T09:13:13+00:00

Why Self-Funding is Such an Important Tool for Managing Group Health Care Costs

admin2015-07-07T09:15:19+00:00

Don’t give your power away. If you’re not paying attention to the detail behind your health plan costs, you open the door for uncontrolled expenses that could derail your business and bankrupt your employees. Why is the detail important? Where do you want your company’s hard-earned profits to go? You can help your employees and [...]

Why Self-Funding is Such an Important Tool for Managing Group Health Care Costsadmin2015-07-07T09:15:19+00:00

Hospital Executives: Expect More Layoffs

admin2015-06-29T09:15:03+00:00

Article is by Max Reiss, as seen in the NBC Connecticut Hospitals across Connecticut could see fewer staff and provide fewer services if the current budget is signed by Governor Dannel Malloy. Jennifer Jackson, the CEO of the Connecticut Hospital Association, said the announcement from Hartford Healthcare that it would be forced to layoff more [...]

Hospital Executives: Expect More Layoffsadmin2015-06-29T09:15:03+00:00

Health Care Reform Update

admin2015-06-26T14:32:58+00:00

Supreme Court Upholds Health Law Subsidies In a decision rendered earlier today, the U.S. Supreme Court ruled that contested language in the Affordable Care Act allows the administration to offer premium subsidies in the form of tax credits to people in all states. This includes states that have not launched their own exchange. Since tax [...]

Health Care Reform Updateadmin2015-06-26T14:32:58+00:00

Could You Be Losing 50% of Self-Funded Plan Savings to Your Health Plan Administrator?

admin2015-06-24T16:25:12+00:00

You’ve adopted an increasingly popular new health plan strategy to save money on costs – why would you want to give up half of your plan savings to the company managing your plan? That’s what’s happening to some employers who may be unaware that their plan administration firm has incorporated this 50/50 savings split into [...]

Could You Be Losing 50% of Self-Funded Plan Savings to Your Health Plan Administrator?admin2015-06-24T16:25:12+00:00

Concerned About ACA Reporting Requirements?

admin2015-06-15T13:52:56+00:00

 Client educational seminar covers Sections 6055/6056 reporting requirements and the Cadillac Tax. On June 17th, Diversified Group will be hosting a client seminar, entitled What Every Employer Should Know about Their ACA 6055 & 6056 Reporting Requirements. Companies who have yet to establish their reporting strategies should use this seminar to get a clear picture [...]

Concerned About ACA Reporting Requirements?admin2015-06-15T13:52:56+00:00

Some Hospitals Mark Up Prices More Than 1,000 Percent: Study

admin2015-06-12T14:09:00+00:00

Article as seen in NBC Connecticut Forty-nine of the 50 hospitals with the highest price markups are for-profit. Twenty of the hospitals in the report are located in Florida Dozens of U.S. hospitals are hiking up healthcare costs more than 1,000 percent – over 10 times the costs allowed by Medicare – and for the [...]

Some Hospitals Mark Up Prices More Than 1,000 Percent: Studyadmin2015-06-12T14:09:00+00:00

Is Your Employee Benefits Plan Subject to the ‘Cadillac Tax’?

admin2015-06-10T21:57:14+00:00

Taking ownership of 6055 & 6056 reporting requirements under ACA. If you offer your employees a generous health care plan, you could be subject to the ‘Cadillac Tax’. Even if your plan only meets minimum essential coverage requirements, you still must file reports to the IRS detailing the coverage you provide, and to whom – [...]

Is Your Employee Benefits Plan Subject to the ‘Cadillac Tax’?admin2015-06-10T21:57:14+00:00

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