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Category Archives: compliance
Boon Debuts New Corporate Identity To Address Simplified Solutions To A Complicated Industry
Austin, TX – September 3, 2019 – Boon debuts its new corporate identity today with the release of its new logo and website. The new brand reflects the company’s vision of being the leading provider of employee benefits for the … Continue reading
Boon Buzz: Compliance Deadlines for Quarter 3 2019
Throughout the year, employers must comply with multiple reporting and disclosure requirements that are connected with their group health plans. As with everything else, when it comes to benefits, compliance is crucial. The third quarter of 2019 is no exception … Continue reading
Posted in ACA, ACA reporting, Affordable Care Act, compliance, employee benefits, employer-sponsored group health plans, ERISA, federal contractors, fringe benefits, government contractors, health insurance
Tagged ACA, ACA reporting, Affordable Care Act, boon blog, compliance, ERISA, form 5500, fringe benefits, govcon, government contractor, health, health care, health insurance, industry update, medical loss ratio, patient, patient centered outcomes research institute fee, pcori, self-funding, self-insurance
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2019/2020 SCA Fringe Rates Issued
New Fringe Rates for SCA Contracts The Wage and Hour Division of the U.S. Department of Labor has released the new fringe rates for 2019/2020 for all contracts and contractors under the Service Contract Act. Per All Agency Memorandum … Continue reading
Posted in compliance, employee benefits, Executive Orders, federal contractors, fringe benefits, government contractors, paid sick leave, prevailing wage, Service Contract Act
Tagged all agency memorandum 230, compliance, department of labor, eo 13706, Executive Orders, fringe benefits, fringe rate, govcon, government contractor, government contractors, new fringe rate, SCA, Service Contract Act, wage and hour division
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Form 5500: Everything You Ever Wanted to Know
If you’re an employer that provides benefits to your employees, staying on the up and up with the big government institutions is imperative. The Department of Labor (DOL), the Internal Revenue Service (IRS), and the Pension Benefit Guaranty Corporation (PBGC), … Continue reading
Posted in compliance, DOL, DOL audits, employee benefits, employer-sponsored group health plans, ERISA, federal contractors, government contractors, health care, health care costs, health insurance, health insurance claims
Tagged audits, department of labor, DOL, ERISA, filing, form 5500, IRS, profit sharing plans
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Health-Related Productivity Costs to Government Contractors
Offering health coverage and benefits to employees and their dependents is a major expense. In government contracting, there’s an interest in keeping costs low and bids competitive. It can be tempting for government contractors to take the required fringe and … Continue reading
Boon Buzz: Benefit News for Spring 2019
April showers bring May flowers, and the world of benefits is also in full bloom! Here’s your spring refresher on the latest regulations, data, and more! Read on to learn more: 1. DOL Increases Civil Penalty Amounts for 2019 In … Continue reading
Standards for San Francisco HCSO Released
The City of San Francisco recently released their official 2019 notice regarding the Health Care Security Ordinance that applies to businesses with 20 or more workers and nonprofits with 50 or more employees. It states that businesses with 20 or … Continue reading
