2017 Benefits Compliance in Review and a Look to 2018

These changes specifically impact the Form 1095-B & Form 1095-C distribution deadline and good faith transition relief. Be sure to listen in to the important information shared in this podcast.

Join us and listen to this podcast for reminders on what needs to be done before the end of 2021, and how to start preparing for specific tasks in 2022.

Tuning-in, you'll hear from two speakers on trending topics and more.

Bob Radecki is president, senior regulatory and public policy analyst at Benefit Comply, LLC, an employee benefits compliance consulting firm. Bob will discuss the end of the 100% COBRA subsidy authorized under the American Rescue Plan Act, health cost transparency rules and surprise billing regulations, vaccine incentives and mandates, and more opportunities for consideration of Individual Coverage HRAs (ICHRAs).

Joel Wood is the senior vice president for government affairs of The Council of Insurance Agents & Brokers and also oversees CouncilPAC, the association’s political action committee. Joel will share his unique perspective on the Supreme Court’s ACA decision and thoughts on the Biden Administration’s health insurance goals, public options at the State Level, 2022 Elections and possible outcomes’ impact on legislation, as well as comment on cost transparency related to health cost transparency rules and recent surprise billing regs.

Productivity Consultants & Career Support Services (PCCSS) was founded in 1999 as an image-consulting firm that focused on career and personal branding. Since then, the organization has evolved into a boutique human capital and career development firm designed to facilitate change management for individual and organizational clients.

Based on the belief that human learning, training, and performance improvement initiatives should lead to quantifiable outcomes, the organization focuses on analyzing the performance challenges for individuals and within private and non-profit organizations as they relate to productivity and success.

Learn more: https://productivityconsultants.org/index.php

Listen in to this episode as we discuss what can and cannot be part of an employer’s vaccine policy, where restrictions or limitations may exist and, surprisingly, where they do not, and other considerations to take into account.

At OneVillage, they provide a space for everyone that has been touched by cancer.

Over the course of their lifetime, 40% of people will be diagnosed with cancer, and the remaining 60% will support at least 4 loved ones through cancer. OneVillage is one place to find the resources, products, community, and support you need when cancer enters your life.

Learn more: https://onevillage.io/

As a result, Congress enhanced the FFCRA leave under ARPA to include paid leave related to the vaccine, among other enhancements, and extended the payroll tax credits even further. Listen to this conversation to learn how else the FFCRA was updated and what you need to know.

The subsidy will cover the full cost of COBRA or state continuation premiums from April 1st, through Sept. 30, 2021 if the employee lost or loses group health insurance due to a reduction in work hours or an involuntary job loss. Be sure to listen to this episode to better understand who is eligible and the various employer obligations associated.

Let’s face it – navigating the HR technology market is complex. Advisors need help educating and guiding employers. With BTR’s Core Service offering, they aim to increase your agency’s tech “fluency” and provide the technology foundation you need to empower and educate your client base.

ENGAGEMENT

• CE-accredited webinars tailored for employers
• Agency-specific learning workshops
• Dynamic communication campaigns & client-facing marketing materials
• Preferred access to Consulting and Benefits Administration services

KNOWLEDGE

• Access to BTR’s centralized database for competitive technology and vendor intel
• Vendor summaries, conference recaps, blog posts, and white papers
• Quarterly technology updates
• Showcase of agency’s ROI via monthly utilization reports

STRATEGY

• Assigned, dedicated HR technology consultant and project manager
• Monthly collaborative strategy calls
• Market research
• Strategy discussions with prospective clients

This gives companies an enticing benefit that uniquely serves every employee in the organization. And it all works within the system you have in place today.

It’s savvy to reduce PTO balance sheet liabilities while enhancing talent recruiting and retention. In simple terms, it pays off for both HR and Finance. Both will appreciate the returns for enhancing PTO benefits and reducing corporate liability.

To learn more, please contact Lipscomb & Pitts Insurance's Director of Client Engagement, Betsy Kamler at betsyk@lpinsurance.com or 901-321-1000.