Learn what’s going on in the news with benefits, compliance, FirstPerson, and more.

IRS Revises (again) the Family HSA Maximum Contribution

In a surprising move, the IRS reversed its March 5, 2018 decision to decrease the maximum family HSA contribution by $50. On April 26, 2018 the IRS released Revenue Procedure 2018-27 which restored the maximum family HSA contribution to $6,900. This is welcome news to those who have not made

Read More »

IRS Issues Revised 2018 HSA Limits

On March 5, 2018, the IRS issued revised HSA limits for 2018 via IRS Revenue Procedure 2018-10. The maximum family HSA contribution limit has decreased to $6,850 from the $6,900 originally announced in 2017. The maximum individual HSA contribution and catch-up contribution for people age 55 and older remain unchanged.

Read More »

FirstPerson Named Top 125 Best Places to Work in Indiana

INDIANAPOLIS (February 19, 2018) – FirstPerson is named as a Best Place to Work in Indiana for 2018, making it their eighth time on the list. The company’s tenacious approach to their people-centered mission is what drives their growth and success each year. “We are community at FirstPerson,” said FirstPerson’s CEO and

Read More »

Cadillac Tax and Health Insurance Tax Pushed Back

Late Monday evening, Jan. 22, President Trump signed H.R.195 to end the government shutdown and fund the government through Feb. 8, 2018. The bill passed the House with a 266-159 vote and the Senate 81-18. What details should you know? H.R. 195 doesn’t just open our government back up for

Read More »

Anthem Formulary and Tier Updates for 2018

During Anthem’s quarterly Pharmacy & Therapeutics Process, the status of the drug list/formulary is reviewed and corresponding recommendations are made to the health plan. Anthem clients should be aware of some changes to your health plan’s formulary and drug tiers that will take effect in 2018. Click here to view

Read More »

How the HR Function is Changing | eX Podcast with Bryan Brenner

It’s been over a hundred years since   the first human resources department was established by The National Cash Register Company in 1901, but some HR departments haven’t changed. They’re still focused on risk, compliance, and the transactional side of it, despite the fact a whole new era    of the workplace

Read More »

Brokers Set to Take Advantage of Looser AHP Regs | Employee Benefit Adviser

Employee Benefit Adviser’s recent article, “Brokers set to take advantage of looser AHP regs” quotes Katy Stowers, Managing Director and General Counsel. Stowers shares how these eased regulations can benefit small businesses and employers. Read the excerpt below featuring Katy’s quote, or  click here to access the full article. Employee

Read More »

1095-C Reporting Update: Notice 2018-06

The IRS Grants a Short Reprieve to ACA Reporting Deadlines Just before Christmas the IRS published Notice 2018-06, announcing an extension of the impending January distribution due dates of IRS Forms 1095-B and 1095-C required under the Affordable Care Act (ACA). This is certainly welcome relief for insurers and employers

Read More »

2017 Year-End W-2 Reporting: Planning and Guidance

As part of the Affordable Care Act, many employers have Form W-2 reporting requirements. As we head into a new year, we want to give you a refresher on the three requirements that you need to know. 1. Reporting the value of group health coverage provided to employees For the

Read More »

ACA Reporting on Form 1095-C for 2017

Despite changes in the White House, ACA reporting on Forms 1094 and 1095 is here to stay. We encourage you to read our Reporting FAQs to re-acquaint yourself with the reporting process, if you haven’t done so already. The good news is that neither the forms themselves nor the codes

Read More »

ACA Update: The IRS Issues Guidance on Enforcement of ACA Penalties

Last year the Department of Health and Human Services (HHS) and the IRS took the first step in enforcing the Employer Shared Responsibility Penalty (ESRP) when the Health Insurance Marketplace issued letters to employers informing them of employees who received subsidies on the Marketplace. HHS then reported this information, and

Read More »

ACA Update: Making Sense of Recent Executive Actions

President Trump’s highly publicized campaign promise to repeal and replace the Affordable Care Act (ACA) has been met with numerous Congressional roadblocks, the cumulative effect of which has taken repeal and replace off the table in the 2017 legislative session. For that reason, the Administration has looked to regulatory and

Read More »

Our Connectedness Could Help Lure HQ2 | Indiana Business Journal

The Cultural Trail of Indianapolis is not only an example of how we are physically connected, but also how the community has historically linked ideas with visionary people for amazon results. Bryan Brenner shares more on why this sets Indianapolis apart from the competition in the race for Amazon’s second

Read More »