Posts by Sarah Johnson

The New Year’s Tradition You’d Like to Get Rid Of: Getting Ready for That Annual Health Insurance Renewal

Getting Ready for That Annual Health Insurance Renewal

In September 2017, the Bureau of Labor Statistics released its latest findings regarding the cost of benefits to employers as a percentage of employee pay. At the top of the list? Health insurance.1 It’s ahead of: Paid leave Overtime and bonuses Retirement contributions, and Individual, legally required taxes. At the same time, SHRM expects health…

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Stay Tuned for ACA updates and proposed changes

You may have noted talk of changes to the Affordable Care Act, widely known as Obamacare. This coming week Phyllis Merrill, MBA’s CEO and her team are traveling to Washington D.C. to be briefed on the current bill now in mark-up, and the likely changes. Stay tuned for details coming soon. We are committed to…

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ELAP has a new dedicated Spanish line

In the economic atmosphere of rising premiums and decreasing benefits, at MBA Benefit Administrators, we are transforming the healthcare landscape nationally, in part due to our partnership with ELAP, a medical bill audit and repricing company which provides fiduciary protection to our clients. This week ELAP is happy to announce that a Spanish speaking que…

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ACA Reporting Delay

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We received this email alert from the SPBA on November 18, 2016: ACA Reporting Delay IRS just released Notice 2016-70, extending the due date for furnishing to individuals 1095-C, Employer-Provided Health Insurance Offer and Coverage, as well as 1095-B from January 31, 2017 to March 2, 2017. The Notice also extends good-faith transition relief from…

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In Honor of our Veterans

In Honor of our Veterans

MBA would like to express its gratitude to the veterans that work for MBA and all those who have given and risked so much serve and allow us to have the freedoms and rights that we enjoy as a nation today. Veterans currently with MBA include: Vice President, Vince Klingler, who served in the Utah…

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October Conference Report

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October 17-19th – Representatives from MBA Benefit Administrators attended a national conference in Minneapolis presented by the Society of Professional Benefit Administrators (SPBA). The aim of the conference is to inform members of recent industry trends and to encourage a forum where other Third Party Administrators and other industry related companies may address current concerns…

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ACA Reporting Requirements

Staying in the know is a crucial component to running a successful business. Last week the U.S. Treasury and the IRS announced an ACA reporting requirements extension for distributing information to employees. While the IRS is prepared to receive documentation of health coverage by employers, because of feedback from businesses, the required deadlines to report…

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Don’t Be Caught Unaware, the Cadillac Tax Is Waiting To Time In

The ACA's Cadillac Tax is unrolling soon.

It’s all about taxes. According to the Affordable Care Act of 2010, requiring the purchase of a product is illegal, but mandating a tax for not purchasing that product is legal. At this point, as a business owner, insurance broker, or HR professional, you have weathered the first season of regulations that have come, but…

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Frequently Asked Questions About the Cadillac Tax

What is the purpose of the Cadillac tax? First, the tax acts as a source of revenue to fund the costs of the ACA; second, to encourage the reduction of costs in providing health care; and third, to eliminate the tax benefits for employers who compensate their staff through benefits, rather than directly with taxable…

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