The BeneBlog
Benecon
Consortium vs. Captive: Is There A Difference?
Discover the key advantages of Benecon’s VERIS Consortium over traditional captive funding…
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Benecon
CAA Prescription Drug Benefit Reporting Due June 1, 2024
The CAA mandates health plans report drug and healthcare costs by June 1, 2024.
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Administrative Services
Employers Must File a Creditable Coverage Disclosure Notice
Employers must file a Creditable Coverage Disclosure Notice with the Department of Health and Human…
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Benecon
2025 Maximum Annual Limits on Cost-Sharing
The U.S. Department of Health and Human Services (“HHS”) and the Centers for Medicare…
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Benecon
IRS Will Require Most ACA Employer Reporting (Forms 1094 and 1095) Be Filed Electronically for 2024
ACA reporting requirements expanded in 2024; electronic filing mandatory, earlier deadlines, waiver…
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Benecon
Patient Centered Outcomes Research Fee (PCOR Fee): Next Filing Period Fee Released
ACA mandates Patient-Centered Outcomes Research Fee, due annually by July 31, varying by…
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CDH
Health Savings Accounts & Mental Health
HSAs cover mental health expenses: counseling, therapy, meds, and more with Benecon’s CDH…
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Benecon
Coverage of Weight Loss Drugs & Considerations for Plan Sponsors
By: Ellen Nastase, CPBS – Benecon Director of Pharmacy Benefits
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CDH
HSA & FSA-Eligible Back-to-School Expenses
HSA/FSA cover back-to-school items: sunscreen, eyewear, physicals, bandages, and more.
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Benecon
Patient Centered Outcomes Research Fee (PCOR Fee): Filing & Payment Deadline
Reminder: Filing & Payment Deadline is July 31, 2023
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Benecon
Which areas of the country pay the most for health insurance?
Coastal states, major cities, high living costs correlate with expensive health insurance.
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Benecon
How difficult is it to keep self-funded health plans in compliance?
Benecon ensures compliance for self-funded health plans, covering ERISA and HIPAA regulations,…
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Benecon
2024 IRS HSA Limits
The IRS has released the 2024 inflation adjustments affecting Health Savings Accounts and High…
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Benecon
Fully Insured vs Self Insured: An Employer’s Ultimate Guide
Fully insured vs self-insured health plans: fixed premium vs. direct funding, carrier vs. employer…
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Benecon
IRS Releases 2024 ACA Employer Mandate Penalties
ACA mandates penalties for large employers not offering affordable, adequate health coverage to…
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COBRA
3 Ways You Benefit With a Third-Party COBRA Administrator
Outsourcing COBRA administration eases workload, ensures compliance, and enhances member…
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Benecon
2024 Maximum Annual Limits on Cost-Sharing
The U.S. Department of Health and Human Services (“HHS”) and the Centers for Medicare…
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VERIS
VERIS: An employer’s best friend.
Many employers have caught on to the myths that are associated with fully-insured health plans and…
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Benecon
Mental Health Leads the Employee Benefits Conversation this Year
Demand for mental health resources rises; Benecon sees triple inquiries, indicating increased…
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Administrative Services
2023 IRS Contribution Limits
The IRS just released 2023 contribution limits for HSAs, FSAs, commuter benefits, adoption…
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Benecon
The value of creating internal brand loyalty
The importance of brand loyalty might be better understood, but what about employee loyalty?…
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CDH
Why adding an FSA makes an HSA even better
Saving, investing and retirement planning. These are just three of the perks you’ll experience…
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Benecon
4 Compliance Topics Every Employee Benefits Leader Should Know
Employers face challenges every single day — some of which have a significant impact on their…
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Benecon
Choosing an HDHP vs a PPO
Consider family expenses, pre-tax benefits, employer contributions, and retirement planning when…
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Administrative Services
What student loan forgiveness could mean for your retirement and HSA
President Biden announced plans to provide federal student loan relief to millions of Americans.
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Administrative Services
Commuter Benefits Advantages
3 surprising results employees may experience with commuter benefits.
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Benecon
Quiet Quitting
Hustle culture is out. Quiet quitting is in. Quiet quitting is a viral new term that describes the…
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