By Larry Grudzien, J.D. December 2012 A business is reimbursing its executives for the annual physical examinations under its Health Reimbursement Arrangement and no one else. Wouldn’t such a practice be discriminatory and taxable to the executives? No. Under Treasury Regulation Section 1.105-11(g), a special exception applies from the Code Section 105(h) nondiscrimination rules for […]
By Kristi R. Gauthier, Esq. Clark Hill PLC December 2012 – The Patient Protection and Affordable Care Act (PPACA) requires that certain employers report the cost of employer-sponsored health care costs on an employee’s W-2 beginning with W-2s issued for the 2012 calendar year. This does not mean that the cost of employer-sponsored health care […]
By Larry Grudzien, J.D. December 2012 Can an employer reimburse individual medical insurance premiums under a Health Reimbursement Arrangement (HRA)? Although employers may permit their HRAs to reimburse health insurance premiums under the IRS Notice 2002-45, they should be cautious in reimbursing individual health insurance premiums. By including individual health insurance policies in an HRA, […]
The MBPA wants to ensure that the agent community is given the right tools and information to get you and your clients through Health Care Reform. The MBPA is pleased to present Health Care Reform Connect™ to help you and your clients navigate reform. Highlights of Health Care Reform Connect™ include: LIC coursework and […]
As a writing agent with MBPA and MFBA, you now have the answers that you need to help you navigate reform issues with your clients. Health Care Reform Connect™ will give you: Expert advice on complicated compliance issues and technical guidelines to assist you. Access to monthly webinars and seminars on Reform An Email […]
The MBPA & MFBA and, FSI of Western Michigan are providing you the opportunity to enroll in a self study pre-licensing course for the Life Insurance Counselor designation. The State of Michigan requires that an independent agent be a licensed Life Insurance Counselor if they bill and receive consulting fees from clients. Click Here for […]
As BCBS announced in a Sept. 21, 2012, the Michigan claims assessment factor is changing for all BCBSM experience-rated group customers. BCBS has mailed a letter to all ERS groups as of Nov. 21, explaining the adjustment to their claims assessment factor. The new factor should appear on the group’s January 2013 invoice however, […]
The Michigan Business and Professional Association (MBPA) and its sister group, the Michigan Food and Beverage Association (MFBA), make it priority #1 to keep you up to date on the federal healthcare law and how it affects you, your business, and/or clients. Today the Michigan House Health Policy Committee, when given a second chance to […]
Health Care Reform Alert! Michigan’s House Denies Second Chance at State Based Exchange; Hope Still Held for Next Year. November 29th, 2012 The Michigan Business and Professional Association (MBPA) and its sister group, the Michigan Food and Beverage Association (MFBA), make it priority #1 to keep you up to date on the federal healthcare […]
By Bonnie Bochniak MBPA Government Relations Dec. 11, 2012 The Michigan Business and Professional Association (MBPA) and its sister group, the Michigan Food and Beverage Association (MFBA), make it priority #1 to keep you up to date on the federal healthcare law and how it affects you, your business, and/or clients. Today the […]
