2020 Paid Family Leave Premium Release
September 04, 2019
The New York State Department of Financial Services (DFS) has released the 2020 premium rate for Paid Family Leave (PFL). The 2019 rate of .153% of gross wages will be...
Read MoreHSA and Preventive Care
August 15, 2019
The IRS has loosened the rules on Health Savings Accounts (HSA) to allow greater distribution flexibility. Qualified High Deductible Health Plans (QHDHP) must apply all medical and prescription services towards the...
Read MoreACA Employer Mandate: Affordability Limits
August 15, 2019
Employers with over fifty (50) full-time equivalent employees (FTE) are still required by the Affordable Care Act (ACA) to provide eligible employees ‘Affordable’ and ‘Qualified’ health insurance based on federal...
Read More2020 HDHP/HSA Limits
May 28, 2019
The IRS has released Revenue Procedure 2019-25 notifying Health Savings Account owners of the funding and deductible limits effective January 1, 2020. Annual HSA Contribution Limits Single – $3,550 ($50 increase...
Read MoreWorkplace Wellness Programs: Do they Work?
April 17, 2019
The American Medical Association (AMA) released the results of a study conducted from January, 2015 through August, 2016 that evaluated 160 work sites and over 32,000 employees throughout the U.S....
Read MoreKaiser Health Cost Calculator
March 25, 2019
How much do you really spend on health care? Most of us think in terms of what our out-of-pocket costs are; deductibles, co-pays and premium contribution. Peterson-Kaiser created a unique...
Read MoreThe Bronze Option: This is Health Insurance?
March 25, 2019
As health insurance rates continue to increase, having more than doubled over the past ten years, more employers are evaluating the option of purchasing a “Bronze” level plan. These are...
Read MoreThe Living Donor Protection Act
November 26, 2018
On November 5th, 2018 New York Governor Andrew Cuomo signed the Living Donor Protection Act. In doing so, the benefits of Paid Family Leave are now extended to organ and...
Read MorePaid Family Leave: 2019 Rate Release
September 06, 2018
The New York State Department of Financial Services has released the 2019 rate for Paid Family Leave. The original law stated that DFS would release the rate by September 1st...
Read MoreNYS Small Group and Individual Rate Approval
August 07, 2018
2019 Small Group and Individual rates have been approved by the NYS State Legislature. KBM’s advice – don’t get too excited. Let’s start with the ‘hype’ put out by NYS...
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