PCORI Tax: 2016
May 26, 2016
PCORI 2016 For the past three years we at KBM have discussed the Patient-Centered Outcomes Research Institute (PCORI) tax, a fee imposed by the Affordable Care Act (ACA) on issuers and...
Read MoreSpring Cleaning – Time for a Claim Audit!
April 18, 2016
If we audited your employees medical claims what do you think we would find? Surely, you’d expect your TPA paid the claims accurately and timely, right? They correctly apply your benefit schedule...
Read MoreLower Health Insurance Premium Increases in 2017?
March 04, 2016
Based on a suspension of an Affordable Care Act (ACA) tax in 2016 the rate of increase for single risk group health plans (fully insured) should see a reduction come January....
Read MoreAnother Health Insurance Premium Tax Proposal
February 05, 2016
The continued fallout from the abrupt shutdown of New York’s Health Republic has led to NY State Senator David Valesky’s (D-Oneida) proposed “guaranty fund” to protect consumers and medical providers...
Read MoreIRS Extends ALE Reporting Deadlines
December 29, 2015
The IRS has issued an extension of the Applicable Large Employer (ALE) reporting requirements of the ACA pertaining to offers and elections of qualified health insurance coverage (Notice 2016-4). The...
Read MoreCadillac Tax Delay
December 18, 2015
The U.S. House of Representatives today passed a spending bill through 2016 that includes a delay in the Affordable Care Act’s Cadillac Tax for two years. The bill still requires...
Read MoreHealth Republic Ceasing Operations
September 28, 2015
In a news release late Friday, September 25th, “Co-Op” health insurance company Health Republic reported that New York State and Federal authorities are requiring them to cease operations effective January 1st, 2016...
Read MoreHuman Resource Management Software
September 16, 2015
Employee benefit management is, most commonly, a function of Human Resource Directors and their staff. KBM’s clients who have large numbers of employees have Human Resource Departments who employ specialists...
Read MoreLatest ACA Compliance
August 26, 2015
The Affordable Care Act, while still argued in the political realm, is now a fixture on the health care landscape. The ACA is the law and employers have to deal...
Read MoreRecent Supreme Court Ruling Effects
June 29, 2015
The Supreme Court of the United States released two decisions with impacts on employer based health care in June. King v. Burwell dealt directly with the Affordable Care act, while...
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