Blog Archives

• IRS Updates Guidance on Play-or-Pay Penalty Assessments | Florida Benefit Advisors

  Posted on December 13th, 2017

  Beginning in 2015, to comply with the Patient Protection and Affordable Care Act (ACA), “large” employers must offer their full-time employees health coverage, or pay one of two employer shared responsibility / play-or-pay penalties. The Internal Revenue Service (IRS) determines the penalty each calendar year after employees have filed their… Read more »

• Employers Ask: What Prevents Me from Reimbursing Individual Health Insurance Policies? | Jacksonville Employee Benefits

  Posted on May 16th, 2016

  By Danielle Capilla Chief Compliance Officer at United Benefit Advisors In serving 36,000 employers and 5 million employees, our UBA Partners get this question frequently: What federal guidance prohibits employers from reimbursing individual health insurance policies? Answer: The IRS has issued extensive guidance prohibiting employers from reimbursing health insurance policies… Read more »

• ACA Regulations Roundup (and Free Resources) | Florida Benefits Specialist

  Posted on May 9th, 2016

  By Danielle Capilla Chief Compliance Officer at United Benefit Advisors The government was busy recently, issuing the massive Benefit Payment and Parameters rule in addition to numerous other updates. Our recent blog reviews the updates to the Benefit Payment and Parameters rule; for more detailed information as it relates to… Read more »

• What Is COBRA, and Does It Apply to My Business? | Benefits Broker Florida

  Posted on April 5th, 2016

  By Jennifer Kupper In-house Counsel & Compliance Officer for iaCONSULTING a UBA Partner Firm In the earlier days of the Patient Protection and Affordable Care Act (ACA), a common question among employers and benefit advisors was whether there would still be a need for COBRA, the Federal Consolidated Omnibus Budget… Read more »

• IRS Reporting Tip: Check the Right Boxes on Your Cover Sheet | Benefits Broker FL

  Posted on March 31st, 2016

  By Danielle Capilla Chief Compliance Officer at United Benefit Advisors 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) to… Read more »

• 2017 Benefit and Payment Parameters Rule and HIP FAQ | Health Insurance FL

  Posted on March 25th, 2016

  By Danielle Capilla Chief Compliance Officer at United Benefit Advisors The 2017 Benefit and Payment Parameters (BPP) rule, an annual rule that sets policies relating to the Patient Protection and Affordable Care Act (ACA), has been released by the Centers for Medicare and Medicaid Services (CMS). The 2017 rule contains… Read more »

• Top 10 Questions about the Minimum Value Penalty | Florida Employee Benefits

  Posted on February 16th, 2016

  By Danielle Capilla Chief Compliance Officer at United Benefit Advisors An employer that offers minimum essential coverage to substantially all of its full-time employees may still owe penalties if the coverage it offers is inadequate because it is not “affordable” or it does not provide “minimum value.” It also may… Read more »

• COBRA and the Affordable Care Act | Florida Employee Benefits

  Posted on January 11th, 2016

  By Danielle Capilla Chief Compliance Officer at United Benefit Advisors The Consolidated Omnibus Budget Reconciliation Act (COBRA) requires employers to offer covered employees who lose their health benefits due to a qualifying event to continue group health benefits for a limited time at the employee’s own cost. COBRA provisions are… Read more »

• Cadillac Tax – Should employers be making changes now? | FL Employee Benefits

  Posted on December 14th, 2015

  By Elizabeth Kay, Compliance & Retention Analyst AEIS Advisors A UBA Partner Firm The Affordable Care Act (ACA) has brought about many changes in employee benefits. Plans have been eliminated, benefits added, rules changed, and rules have been delayed. The ACA has always been a heavily debated topic between the… Read more »

• Cadillac Tax | Jacksonville Benefits Broker

  Posted on September 21st, 2015

  Investigate how your employer is going to address the Cadillac Tax issue! A quick and easy to follow video which highlights the financial implications of the new excise tax and what you should be aware of now. This video (from a blog post on www.accountingaccidentally.com) has been written from the… Read more »