Mar 9, 2021 | Announcements, Columbus Business First, MedBen Employees, News
MedBen has once again topped the list of Largest Central Ohio Employee Benefits Companies as ranked by Columbus Business First. MedBen continues to build its business in Central Ohio and throughout the Midwest by delivering innovative plan design strategies, superior...Nov 24, 2020 | Compliance, COVID-19, News
Although it feels like ages ago, it was only last March when we began complying with the Families First Coronavirus Response Act (FFCRA) and the Coronavirus, Aid, Relief, and Economic Security (CARES) Act – and were required to extend sick leave and FMLA leave to...Nov 6, 2020 | Announcements, COVID-19, Department of Health and Human Services (HHS), Department of Labor, IRS, News, Regulatory, USPSTF
In preparation for the widespread and rapid introduction of COVID-19 immunizations and other coronavirus preventive services, the Tri-Agencies (Internal Revenue Service, Department of Labor, and Health and Human Services) have issued interim Final Regulations updating...Oct 29, 2020 | Consumer-driven Health Plans, Flexible spending accounts (FSAs), Health reimbursement arrangements (HRAs), IRS, News
The IRS has announced 2021 cost-of-living adjustments for certain tax provisions related to consumer-driven plans: The limit on voluntary employee salary reduction contributions to a health flexible spending account (FSA) remains unchanged from 2020 at $2,750. The...Oct 18, 2020 | Affordable Care Act, Compliance, IRS, News
The Internal Revenue Services (IRS) has extended the deadline for distributing IRS Form 1095 to employees from January 31, 2021 to March 2, 2021. Now is the time for self-funded employers to start thinking about and complying with a critical health care reform...Sep 7, 2020 | Affordable Care Act, Department of Health and Human Services (HHS), Department of Labor, News, Plan Design, Summary of Benefits & Coverage (SBC)
The Departments of Health and Human Services and Labor have issued updated templates for Summary of Benefits & Coverage (SBC). The Affordable Care Act requires self-funded health plans and insurers to provide an SBC every year to help employees make informed plan...