Monthly Archives: July 2015

• ACA’S ALE AIR – A Case for Outsourcing | FL Employee Benefits

  Posted on July 31st, 2015

  By Jennifer Kupper In-house Counsel for iaCONSULTING a UBA Partner Firm The Affordable Care Act’s Employer-Shared Responsibility (ESR), otherwise known as Play or Pay, is here! Not only are employers struggling to apply the once-abstract-but-now-actual complex and convoluted rules and regulations, employers are facing yet another hurdle – Affordable Care… Read more »

• Upcoming ERISA-related Supreme Court Cases to Watch | Florida Benefits Broker

  Posted on July 28th, 2015

  By Danielle Capilla, Chief Compliance Officer at United Benefit Advisors The Supreme Court has granted the petition in Gobeille v. Liberty Mutual Insurance Company, a case centered on the issue of whether the Employee Retirement Income Security Act of 1974 (ERISA) preempts Vermont’s health care database law as it was… Read more »

• New ACA Implications for Cafeteria Plans: Change in Status and Changing Employee Elections | FL Employee Benefits

  Posted on July 24th, 2015

  By Danielle Capilla, Chief Compliance Officer at United Benefit Advisors Cafeteria plans, or plans governed by IRS Code Section 125, allow employers to help employees pay for expenses such as health insurance with pre-tax dollars. Employees are given a choice between a taxable benefit (cash) and two or more specified… Read more »

• IRS Releases Draft 2015 Forms for 6055/6056 Reporting | Florida Benefits Broker

  Posted on July 22nd, 2015

  By Danielle Capilla, Chief Compliance Officer at United Benefit Advisors Background Under the Patient Protection and Affordable Care Act (ACA), individuals are required to have health insurance while applicable large employers (ALEs) are required to offer health benefits to their full-time employees. In order for the Internal Revenue Service (IRS)… Read more »

• Understanding Captive Insurance Arrangements | Florida Employee Benefits

  Posted on July 16th, 2015

  By Bill Olson, Chief Marketing Officer at United Benefit Advisors More and more employers—especially mid to large size groups—are considering different types of self-insured financing mechanisms. UBA Partners are at the forefront of helping employers understand their options, and as a group of independent advisors bound by a code of… Read more »

• What to Expect from Top Natural Sunscreens | FL Benefits Broker

  Posted on July 13th, 2015

  By Angharad Evans www.copyright-free-content.com Want the advantages of sunscreen, without putting artificial substances on your skin or into the water? There are a variety of top natural sunscreens now available that give you great sun protection without the guilt. But not all “natural” brands offer the same benefits. Here is… Read more »

• U.S. Supreme Court Upholds ACA Subsidy Eligibility on Federal Exchanges | Jacksonville Employee Benefits

  Posted on July 9th, 2015

  By Danielle Capilla Chief Compliance Officer at United Benefit Advisors The Supreme Court issued its opinion in King v. Burwell, holding that the Internal Revenue Service (IRS) may issue regulations to extend tax-credit subsidies to coverage purchased through Exchanges established by the federal government under the Patient Protection and Affordable… Read more »

• Mid-Size Employers and Transition Relief: How to Delay Offering Health Benefits until January 2016 | Florida Benefits Broker

  Posted on July 6th, 2015

  By Danielle Capilla Chief Compliance Officer at United Benefit Advisors The employer shared responsibility (i.e., “play or pay”) requirements went into effect in 2015 for large employers only (those with 100 or more full-time or full-time-equivalent employees). Even though they generally will not be liable for penalties until 2016, mid-size… Read more »

• Cost-Sharing Limits; Provider Discrimination FAQ Released | Florida Employee Benefits

  Posted on July 3rd, 2015

  By Danielle Capilla Chief Compliance Officer at United Benefit Advisors Recently, federal agencies, including the Department of Labor (DOL), issued a short five-question FAQ on two ACA-related issues: limitations on cost-sharing and provider discrimination. The FAQ further clarified that the self-only maximum annual limitation on cost sharing applies to each… Read more »