California Senate Bill SB 1375 changes the eligibility definition for small employer health plans and employees and prohibits sole proprietorship or partnership businesses without eligible “common law...
With LISI’s solution, your clients can offer affordable health care benefits and be protected from potentially costly ACA penalties. For about $50 per employee, per month, employers can purchase cover...
More and more employers are choosing to include “voluntary benefits” in the benefit package offered to eligible employees. Voluntary benefits may include coverage for a variety of things including, bu...
LISI recently fielded two compliance questions on the employer mandate:
Q.We have a group that’s no longer over 50 FTEs. Does the employer have to notify the insurance carrier to send the 1095-B fo...
Our experts are always on call for compliance support. Here is the answer to a recent question from a broker about the ACA Employer Mandate:
Question
Does an inactive business still have 2018 e...
On Thursday, November 15th 2018, the IRS announced the new limits for 2019 with respect to Health FSAs, Transportation/Commuter Plans, and Qualified Parking Plans. Employers who currently offer healt...
What is SEP?
The Affordable Care Act (ACA) requires health insurers to offer an annual one-month special open enrollment period to employers in the small group market (1-100) who don’t meet the em...
Issue Date: October 2019
Introduction
It’s that time of year again. Employers who sponsor a fully insured group health plan may be receiving a Medical Loss Ratio (MLR) rebate from their insurers...
Issue Date: September 2018
Introduction
Employers sponsoring group health plans that offer prescription drug coverage must notify eligible individuals about whether the coverage is considered “C...
As a valued resource for many of our brokers across the state, LISI gets various questions on benefits and compliance. With Q4 approaching, now is the time to study and prepare to answer questions tha...
As a valued resource for many of our brokers across the state, LISI gets various questions on benefits and compliance. With Q4 approaching, now is the time to study and prepare to answer questions tha...
The IRS Provides this FAQ on Notifying Employees of Health Insurance Marketplaces:
Q: Can an employer be fined for failing to provide employees with notice about the Affordable Care Ac...