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Category Archives: employee benefits
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
Price Transparency in Healthcare
What is Price Transparency and How Does it Relate to Healthcare? Price transparency is exactly what it sounds like: a push for information on the prices of certain healthcare services to be made available to consumers. As healthcare in the … Continue reading
Posted in Affordable Care Act, cost savings, employee benefits, health care, health care costs, health care price transparency, health insurance, pay transparency, prescription drug prices, preventive health care, wellness
Tagged health, health care, health care costs, health care coverage, health care price transparency, health insurance, health insurance claims, health insurance premiums, healthcare, healthcare industry, medicare, price transparency, reference-based pricing
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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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You Just Won Your First Government Contract. Now What?
A common question that arises when speaking with contractors around the country: “Now that we’ve won this contract, what should we do next?” Let’s take a look at the factors that should be considered after a successful bid to ensure … Continue reading
Posted in cost savings, Davis-Bacon Act, employee benefits, federal contractors, fringe benefits, government contractors, health care, health care costs, paid sick leave, prevailing wage, Service Contract Act
Tagged Davis-Bacon Act, employee benefits, federal contractors, fringe benefits, govcon, government contractor, government contractors, Service Contract Act
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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
