Recently, LinkedIn hit me with a post directed to benefits brokers. I took a second to read the bullets before scrolling by and I have to admit I was ashamed of, and for, our industry. Perhaps what I share below is why we use the term Benefits Advisor in lieu of broker. Specifically, this company …
As a Partner Firm of United Benefit Advisors (UBA), The Benefit Company is joining UBA in its 20th-anniversary celebration as the nation’s leading independent employee benefits advisory organization. Twenty years ago, a group of fellow employee benefits professionals met at the Society of Financial Service Professionals Success Forum in Las Vegas to discuss: the future …
As you may have heard, for the past eight years, BlueCross BlueShield has been involved in a legal dispute challenging their licensing agreements. After eight years of litigation, BCBS has not admitted fault, but they have agreed to a settlement to end the litigation. In the settlement, BCBS agreed to a settlement of approximately $2.67 …
“Follow the Money” is a phrase that became popular following the 1976 film “All the Presidents Men.” So, let’s “Follow the money” in healthcare to help us understand how Medicare and Baby Boomers impact your Employer-based Health Insurance costs. Before doing so, it’s important to understand a few dynamics in our country. First, consider the …
We are making sure you are aware of ongoing negotiations between Wellstar Health System and Cigna. Cigna’s current contract with Wellstar ends on March 31, 2021. Cigna is now sending written notifications to Cigna members who have received care from Wellstar within the last 12 months. Negotiations between CIGNA or any insurance company and a …
The Benefit Company (TBC), a leading Atlanta executive and employee benefit consulting firm, is pleased to welcome Christine Muro to our team. Christine received her Bachelor of Business Administration from Georgia State University. Following her graduation, she has worked in the HR and employee benefits arena for more than 15 years, primarily on the employer …
HR Legal Issues/Updates: 14, 2018: The U.S. District Court in the Northern District of Texas declared that the individual mandate of the Affordable Care Act (ACA) is unconstitutional and that the rest of the ACA is unconstitutional, as well. Although this was an interesting order by the Court, at this point in time, the status …
Question: What is the current status of the court case that is challenging the ACA’s constitutionality? Short Answer: At this time, the case’s current status does not impact employers’ group health plans (e.g., it’s business as usual). However, employers should stay informed for the final decision in this case. Some states have already announced they will challenge this …
Legal Updates & Reminders: New Model FMLA Notices & Medical Certification Forms are now available on the gov website. The content of the notices and certifications has not changed; just the expiration dates, extending to August 31, 2021. Nevertheless, make sure you start using these new forms immediately. New DOL Office: The U.S. Department of …
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