When your business meets the criteria for applicable large employers, you’ll find yourself in a whole new world of compliance considerations. From reporting requirements to potential tax penalties, ALE status can have a big impact on the day-to-day operations of your company.
A critical factor that determines your obligations under the ACA is your status as an Applicable Large Employer (ALE). If you are unsure if your business qualifies as an ALE, you’re not alone.
Although the Affordable Care Act mandates PCORI fees, they may not be widely recognized, in fact, this may be the first you are hearing of them. However, all self-funded plan sponsors need to be aware of PCORI fees and their obligation to pay them.
While the employee benefits industry can seem overwhelming and complicated, it doesn’t have to be. This guide explores the different types of employee benefits, what’s required of you as an employer, why benefits are financially possible, and how to get started.
If you are a small business owner thinking about offering benefits or expanding your current benefits package, you may worry about preventing employees from being eligible for subsidies if they decide to purchase Marketplace coverage.
With PlanstinRx, members can get affordable access to the medications they need—even specialty meds that may typically be cost prohibitive. Not only does the program make prescriptions more affordable, it makes getting them more convenient.
For those with a limited number of employees, providing comprehensive health insurance can feel financially daunting. There are affordable, and effective, alternatives such as pairing a preventive health plan with a HealthShare membership.
Explore the tax benefits of employee perks in our latest blog post. Learn how health insurance, retirement plans, and other employee benefits can offer significant tax deductions for your business, helping you save money while boosting team morale.
Evaluate the ACA’s minimum value standards, potential penalties for non-compliance, and why businesses should consider offering minimum value plans (MVPs).
Learn about self-funded benefits and how they can benefit your employees and your company's bottom line. Understand the regulations surrounding self-insurance and how they differ from fully-insured plans. Discover the advantages of providing customized employee benefits while protecting yourself from catastrophic costs.