After the challenges of 2015 ACA reporting, large employers (those with 1000+ employees) now recognize the value of having an automated ACA solution to streamline ACA compliance and reporting. Clearly, not all ACA solutions are created equal. This white paper offers guidelines to help employers evaluate and select the right ACA partner and technology for their organization.
After months of anticipation about the Department of Labor’s (DOL) proposed regulatory fiduciary standards guidance, the final DOL regulations were issued on April 6, 2016. More than five years in the making, this guidance impacts many different aspects of retirement plans and some aspects of health benefits, such as Health Savings Accounts (HSAs). These changes entail wide-sweeping impacts to a number of different plans and products that an employer may utilize within their retirement and benefit offerings. While the 600 pages of new regulations were not specifically targeting HSAs, these health accounts were explicitly identified as subject to the new rules. As they pertain to HSAs, this white paper provides a simplified explanation of the regulations and their impact on HSA administrators, advisors, and employers/plan sponsors.
Healthcare reform mandates have led to many employers to review the cost of their medical insurance programs including funding alternatives and the need for additional stop-loss coverage. Deciding to insure medical stop-loss and fund it in a captive has proven to be a great way for employers who self-fund their health coverage to add a layer of protection from excessively high individual or aggregate health claims and meet ACA requirements.This white paper explains how medical stop-loss captives work, the common types of medical stop-loss captives and who should consider one. We hope you find it helpful and enlightening. -