Thursday, September 24th, 2015
8:00 am – 11:30 am
New Venue!
Oakland University, Oakland Center – 2200 N. Squirrel Rd., Rochester
Speak directly to the experts!
Register today, space is limited.
Tickets are $100 for Association Members and $125 for non-members.
Register online by clicking here or contact Natasha at 888.277.6464
The Department of Insurance and Financial Services is seeking public comment on the selection of the state’s essential health benefits for 2017, it announced Friday. Beginning in 2014, the federal Affordable Care Act required health plans sold in the individual and small group markets to offer a comprehensive package of items and services, known as […]
BCBS has developed product, rating and renewal strategies that will assist group customers who have 51 to 100 full-time-equivalents and are transitioning into the small group market in 2016. BCBS previously discussed this information in a Dec. 17, 2014, Blue Alert. In March, BCBS hosted webinars for their sales team and agents to roll out […]
The Michigan Business & Professional Association (MBPA) has assembled a valuable tool to assist your business should the Department of Labor (DOL) send you an investigatory letter informing you that they will be auditing your employee health plan. The DOL has the authority to conduct an investigation of your employee benefits plan to ensure that […]
By Larry Grudzien Attorney-At-Law April 10, 2015 I have created two checklists to assist in completing Forms 1094-C and 1095-C. One checklist is for fully insured medical plans and the other is for self-insured medical plans. These checklists provide guidance on both what information has to be collected and how such information is applied […]
Help us collect important customer surveys for medical loss ratio The deadline is June 19 for group customers to submit their completed surveys to Blue Cross Blue Shield of Michigan and Blue Care Network. We’ll begin mailing our annual medical loss ratio surveys on May 18 to approximately 5,000 fully insured customers in the small […]
By Larry Grudzien Attorney-At-Law An employer-sponsored HRA will not be able to avoid the annual limit requirements by being integrated with individual market coverage or with an employer plan that provides coverage through individual policies. The Agencies apply this rule to any group health plan used to purchase coverage on the individual market, not just […]
Question: In applying one of the affordability safe harbors for 2015, is the figure 9.56% applied instead of 9.5%? Answer: No. Beginning in 2015, the IRS increased the percentage of an employee’s household income-from 9.5% to 9 .56% – that may be charged for the employee’s required contribution and still be considered “affordable” for purposes […]
The Michigan Business & Professional Association (MBPA) has assembled a valuable tool to assist your business should the Department of Labor (DOL) send you an investigatory letter informing you that they will be auditing your employee health plan. The DOL has the authority to conduct an investigation of your employee benefits plan to ensure that it conforms to the Employee Retirement Income Security Act (ERISA), and can focus on areas from reporting, to fiduciary obligations, to disclosure requirements. Recently, the DOL’s Employee Benefits Security Administration (EBSA) has expanded its scope to include the enforcement of the Patient Protection and Affordable Care Act (PPACA) also known as Health Care Reform to ensure compliance.
As a member of the MBPA, this audit guide & checklist will inform you of the various audits the DOL can investigate a business for such as I-9 audit, ERISA audit, and Wages & Hour Audit. This checklist is also available to assist independent agents who counsel their business clients.
To access the DOL Audit Guide and Checklist, PLEASE CLICK HERE.
The Centers for Medicare and Medicaid Services (CMS) has issued a new “special enrollment period” for individuals who attest they first learned of the individual mandate to have health insurance after the open enrollment had concluded and they learned of the tax upon completion of their taxes. The individual mandate applies to all people with […]
