A Message From ARC’s Director of Employee Benefits: What to Expect Around the 2024 January Renewal Cycle
While we’re doing all that we can to ensure this renewal season runs as smoothly as possible, we wanted to make you aware of the season we’re walking in now. Here are some things you need to know to ensure your enrollment goes smoothly this year.
Compliance Corner: IRS Issues New Guidance Regarding ACA Premium Tax
The IRS provided new guidance on October 11, 2022, to fix the “Family Glitch” effective January 1, 2023. The new regulations state that a family’s entire income would be taken into consideration for the calculation of affordability for individual health insurance subsidies.
What are Voluntary Benefits and Why Should You Offer Them to Your Employees?
Since many employers find it increasingly difficult to provide employees with a complete benefit package, voluntary benefits have become an ideal solution. Voluntary benefits allow employers to offer benefits that are attractive to employees without added cost to the company.
Inflation’s Impact on 2023 Open Enrollment
Many employees are currently feeling financially strained because of inflation. With open enrollment fast approaching, inflation could impact the choices employees make when it comes to their benefits.
Consider This: Are You and Your Employees Prepared for Retirement?
If you need up to 80 percent of your current income to retire, are you prepared? As an employer, there are a number of benefits for both you and your employees when you offer a 401(k).
Compliance Corner: Remind Your Employees About Medicare Part D Creditability!
The federal government requires that employers notify plan participants who may be making decisions about Medicare coverage of their plan’s status so they can make an informed decision. The deadline is October 14, 2022.
Take Charge of Your Health for Breast Cancer Awareness Month
October is Breast Cancer Awareness Month! According to Breastcancer.org, an estimated 170,000 people in the United States are living with metastatic breast cancer.