By Larry Grudzien, J.D. My employer has just indicated that it will receive a Medical Loss Ratio (MLR) rebate from the insurer for group health coverage provided in 2011. It will distribute the rebate to employees in the form of a cash payment for any amounts contributed by employees. Will these cash payments be taxable […]
By Larry Grudzien, J.D. September 2012 (PLANSPONSOR.com) – The Internal Revenue Service has issued interim guidance on informational reporting to employees about the cost of their group health insurance coverage. Notice 2012-9 restates and amends the interim guidance on informational reporting to employees of the cost of their employer-sponsored group health plan coverage initially […]
By Larry Grudzien, J.D. September 2012 – The following is a review of the recent Supreme Court Decision on Patient Protection and Affordable Care Act (the Act) and outlines what steps an employer must take in 2012 and 2013 to comply. The Supreme Court Decision On June 28, 2012, the Supreme Court, in a 5-4 […]
By Evie Zois Sweeney Muchmore Harrington Smalley & Associates Senior Lobbyist September 2012 – Passage of the Federal Patient Protection and Affordable Care Act of 2010 has undeniably become one of the most contentious and polarizing pieces of legislation to grip the country in decades. As the national discussion rages, further fueled by the presidential […]
By Kristi R. Gauthier, Esq. Clark Hill PLC September 2012 – One of the many changes under the Patient Protection and Affordable Care Act (PPACA) impacting group health plans is the introduction of the Summary of Benefits and Coverage (SBC) and Uniform Glossary. The deadline for this new disclosure requirement is fast approaching as group […]
By Bonnie Bochniak Vice President, Government Relations MBPA/MFBA September 2012 – The Michigan Business and Professional Association (MBPA) and its sister group, the Michigan Food and Beverage Association (MFBA), make it a top priority to keep you up to date on the federal health care law and how it affects you, your business, and/or clients. […]
By Donald J. McAnelly, CPA/ABV/CGMA Rehmann September 2012 1. With the new law, will there be a change in an individual’s ability to deduct medical costs as an itemized deduction on their personal tax return? Yes, there will be changes and these changes are set to occur for the 2013 tax/calendar year. These changes will […]
Colonial Life Worksite Benefits Program!
Join us on September 21st @ 9:30am for a Free Webinar on the Colonial Life MBPA/MFBA Advantage
Colonial Life and the MBPA have a way for you to help your clients and their employees understand and appreciate the value of their employee benefits.
Changing health care regulations and rising costs are creating employee benefit and knowledge gaps. To help your clients and their employees with these issues, we’ve partnered with Colonial Life to provide voluntary benefits such as accident, cancer, supplemental health and critical illness insurance programs which are designed to help employees pay for what their health insurance doesn’t and adds financial protection for their future. Employees choose the benefits that best meet their individual and family needs At no direct cost, Colonial Life voluntary benefit options can help your clients save time, fill gaps and add value to their employee benefits program.
Colonial Life will provide:
Click Here to Join Us For the Sept 21st. Webinar
| Or, you can call in to join the meeting: | Dial +1 (636) 277-0137 |
| Access Code: 280-101-630 | |
| Audio PIN: Shown after joining the meeting | |
| Meeting ID: 280-101-630 |
By Bonnie Bochniak MBPA Government Relations 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. Recently there has been a decision […]
When you cast your vote in November, you will not only be electing your State Representative, United States Congressman and Senator, but you will be asked to vote on an increasingly crowded field of initiatives all proposing to amend Michigan’s State Constitution. Money seems to be no object this election cycle as millions of dollars are […]
