Category Archives: employer-sponsored group health plans

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 , , , , , , , | Leave a comment

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

Posted in compliance, cost savings, employee benefits, employer-sponsored group health plans, federal contractors, fringe benefits, government contractors, health care, health care costs, health insurance, preventive health care, wellness | Leave a comment

Boon’s Top 5 Healthcare and Wellness Headlines of 2019, So Far

We’re only a few months into 2019 and already the world of health and wellness is buzzing. From seasonal sickness to exciting political moves in the healthcare world, here are the top five headlines that should be on your radar. … Continue reading

Posted in ACA, ACA reporting, Affordable Care Act, compliance, employee benefits, employer-sponsored group health plans, health care, health care price transparency, health insurance, prescription drug prices, wellness | Leave a comment

Boon Buzz: 2018 ACA Reporting Deadline is Near!

The final deadline for electronic filing 2018 Affordable Care Act (ACA) reports is April 1, 2019. This will be the final deadline for the reporting season. Per Sections 6055 and 6056 of the Internal Revenue Service Code, certain employers are … Continue reading

Posted in ACA, ACA reporting, Affordable Care Act, compliance, employer-sponsored group health plans, health care, health insurance | Leave a comment

ACA Affordability Percentages Increase for 2019

The IRS issued Revenue Procedure 2018-34 on May 21, 2018. This action is intended to determine the affordability of an employer’s plan under the Affordable Care Act (ACA) by indexing the contribution percentages in 2019. So what does this do? … Continue reading

Posted in ACA, ACA reporting, Affordable Care Act, compliance, employee benefits, employer-sponsored group health plans, government contractors, health care, health insurance | Leave a comment

Discussion About Prescription Drug Coverage Grows With Awareness of Opioids, Contraceptives, Spiking Prices

In the past year, legislators, employers, the media and healthcare consumers have focused on a variety of topics related to prescription drug coverage and use. The opioid epidemic sweeping the country, changes in access to contraceptives and the rising prices of prescription drugs have all contributed to a renewed interest in how insurance plans cover prescription drugs and how health care consumers use them. Continue reading

Posted in compliance, contraceptive mandate, employee benefits, employer-sponsored group health plans, health care, health care costs, health care price transparency, prescription drug prices, Supreme Court | Tagged , , , , , , , | Leave a comment

Uncertain Future for Upcoming Supreme Court Cases

With the death of Justice Scalia on February 13, the Supreme Court has been thrown off-balance. Continue reading

Posted in ACA, Affordable Care Act, employer-sponsored group health plans, ERISA, Supreme Court | Tagged , , , , , , , | Leave a comment