Author Archives: Ventris

DOL Increased Penalties Employee Benefit Violations

The U.S. Department of Labor (DOL) has increased the penalties employers face under ERISA for group health plan reporting and disclosure failures. These new amounts apply to penalties assessed after…

ACA Reporting Relief Announced

The IRS has delayed the deadlines by which employers must furnish 2019 Forms 1095-C and 1095-B in early 2020. As a result: Employers with 50 or more full-time employees (including full-time equivalent employees) generally…

2019 Annual Employee Benefits Survey Released

This annual survey of employers provides a detailed look at trends in employer-sponsored health coverage including premiums, employee contributions, cost-sharing provisions, and employer opinions. The 2019 national survey included almost…

IRS Confirms ACA Penalties Still Apply

Recently, the Internal Revenue Service released an information letter regarding the Affordable Care Act’s employer shared responsibility (pay or play) penalties. The information letter is intended to clarify the applicability of the…

Final Rule Announced for 2020: HRAs that Reimburse Individual Health Premiums

Change to Take Effect for 2020 Plan Years A new final rule lets all employers offer health reimbursement arrangements (HRAs) to pay for employees’ individual health insurance policy premiums, if certain conditions…

HSA Contribution Limits and Minimum Deductibles Released for 2020

The IRS has announced the 2020 inflation-adjusted amounts for Health Savings Accounts (HSAs) as determined under the Internal Revenue Code. Annual Contribution Limitation For calendar year 2020, the annual limitation on…

Commercial Insurance CSR

Job Description As part of the Service Center team your overall responsibilities will be to ensure our customers receive timely and quality service. Your responsibilities are focused on reviewing and…

2018 Annual Employee Benefits Survey Released

This annual survey of employers provides a detailed look at trends in employer-sponsored health coverage including premiums, employee contributions, cost-sharing provisions, and employer opinions. The 2018 survey included almost 2,160…

Reminder: PCORI Fees Due Soon

Employers that sponsor certain self-insured health plans—including some level funded funded  and pool plans, health reimbursement arrangements (HRAs) and health flexible spending arrangements (health FSAs)—are reminded that they are responsible for…

2019 HSA Limits and Cost Sharing Limits Released

IRS Releases 2019 HSA and HDHP Limits HSA Contribution Limits Announced for 2019 The Internal Revenue Service (IRS) has announced the 2019 inflation-adjusted amounts for Health Savings Accounts (HSAs) as…