Learn what’s going on in the news with benefits, compliance, FirstPerson, and more.
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
INDIANAPOLIS (May 3, 2018) – The Indiana Chamber of Commerce honored a record 125 companies at the 2018 Best Places to Work in Indiana celebration dinner, with rankings announced in four categories. Winning companies ranged in employee count from 16 to more than 1,700. These top companies in the state
Academic rigor meets hands-on experience in the FirstPerson MBA Board Fellows Program. And FirstPerson’s objective in partnering with Butler University is to train and empower leaders early in their careers to engage in meaningful civic work. The program is modeled on CEO and Founder Bryan Brenner’s commitment to Butler and
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.
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
Bryan Brenner joins Tom Schuman of the Indiana Chamber for Episode 17 of their podcast: Building a Powerful Workplace. Bryan talks about the hiring, welcoming, and development processes within FirstPerson that elicit this feedback from clients: “I feel like I’m the only one you serve.” Implementing change is an important
Three industry giants are taking on the challenge of solving health care, starting with their own employees. But what does the unexpected partnership between Amazon, JP Morgan Chase, and Berkshire Hathaway mean for employers and health care? Managing Director Paul Ashley offers insight in IIB’s Perspectives. Read the full story
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
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
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
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
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
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
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
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
FirstPerson CEO Bryan Brenner recently moderated a panel discussion hosted by Ohana Software with industry leaders to discuss how effective communication can be used to build trust. There’s no doubt high-trust organizations run more effectively than low-trust organizations, enabling them to achieve better results. Leaders need practical solutions for building trust,
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
Despite the legislative moves made over the past 10 years with the ACA and other healthcare initiatives, healthcare costs continue to rise (albeit at a slightly lower rate of increase). These rising costs present a key concern for employers and health plan stakeholders. In Indiana, our healthcare costs have typically
The Indianapolis Business Journal has released the rankings of the largest Indianapolis-area independent agencies/brokerages. FirstPerson is proud to be one of the largest locally-owned insurance agency/brokerage serving the state of Indiana.
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