April 2023 Insurance Information

April 2023 Insurance Information & News

By Robert DeNinno, Jr. | March 31, 2023

Protected: New Compliance Federal Requirement Related To Gag Clauses In Group Health Plan Contracts The Consolidated Appropriations Act 2021 (CAA-21) forbids group health plans or those who offer group health insurance from taking part in contracts with other health care entities that have certain gag clause language. As of February 23, 2023, the Departments of…

PBG

March 2023 Insurance Information & News

By Robert DeNinno, Jr. | February 27, 2023

It’s essential for you to stay current with the most recent insurance information for your business. We have summarized the most critical facts and guidelines for March 2023 that your enterprise should be cognizant of to remain in compliance. Proposed Revisions to Contraceptive Coverage Rules The Biden Administration is proposing revisions to the existing preventive…

February 2023 Insurance Information & News

By Robert DeNinno, Jr. | February 9, 2023

Stay in the know about timely insurance information for your business.  We’ve summarized the most important facts and guidelines for February 2023 that your business should be aware of to stay in compliance. IMPORTANT UPCOMING INSURANCE COMPLIANCE DATES FOR 2023 ACA 1094 & 1095 Reporting Forms Due February 28, 2023—This applies to applicable large employers…

Top 6 Compliance Tasks To Close Out 2022

By Robert DeNinno, Jr. | November 29, 2022

We’ve outlined six compliance tasks to help your organization close out the 2022 year with a strong sense of compliance confidence. View the resources and steps below to ensure your organization stays on top of their compliance obligations and end the year with peace of mind. Prepare for Affordable Care Act (ACA) Reporting  Now is…

IRS Issues Final Rule to Fix ACA’s ‘Family Glitch’

By Robert DeNinno, Jr. | October 31, 2022

The “family glitch” stems from 2013 guidance from the Treasury Department and the IRS. It essentially stated that a family’s eligibility for a marketplace premium subsidy is based on whether or not employer-sponsored insurance is affordable, with minimum value coverage for only the employee. That means the employee’s family members are not eligible for premium…

Top Benefit Renewal and Open Enrollment Tips for 2023

By Robert DeNinno, Jr. | September 28, 2022

Whether you are in human resources, manage finances, are an executive or handle employee benefits for your company in some capacity, your benefits renewal and open enrollment can be one of the most stressful times of the year. As that January 1st date draws closer, so does the deadline for all of those benefits administration…

July 1 Transparency Deadline for Insurers and Group Health Plan Sponsors Looms

By Robert DeNinno, Jr. | June 29, 2022

A federal health insurance coverage price transparency rule takes effect on July 1, 2022, for all health insurance policies renewed between January 1, 2022, and July 1, 2022. For all other plans, the requirement will take effect upon renewal in 2022. The new rule applies to health insurance carriers and employers that offer group coverage…

How Businesses’ Health Plans May Be Impacted By Dobbs v. Jackson SCOTUS Decision

By Robert DeNinno, Jr. | June 29, 2022

The impact of the Supreme Court’s opinion in Dobbs v. Jackson and subsequent changes will continue for the foreseeable future. One of the major questions employers are asking is how their health plan is impacted by the Dobbs decision. While this is not an exhaustive list of how health plans may be impacted, what follows looks at some of…

Precision Benefits Group and Recent Communications Webinar 2022

Webinar: Improving Your Hybrid Work Model with Cutting Edge Communications and Benefits Administration Technology

By Robert DeNinno, Jr. | June 28, 2022

About this event Has your organization shifted to hybrid or remote work? Organizations continue to determine the best fit workplace strategy and technology to empower their people and support business goals. Join Precision Benefits Group Principal Robert DeNinno, Partner Harry Bickel, and Recent Communications’ Managing Partner, Charlotte Conroy as they discuss how businesses can utilize…

Employers Boost Mental Health Benefits Amid the Great Resignation

By Robert DeNinno, Jr. | May 18, 2022

The Covid-19 pandemic drove home the need for employers to address workers’ mental wellness. The “Great Resignation,” also called the “Great Reshuffle,” is showing that not following through could send employees walking out the door. Millions of Americans have quit their jobs over the past year, including a record 4.5 million in March alone. Many attribute their…

Precision Benefits Group Announces Harry Bickel as New Partner

By Robert DeNinno, Jr. | February 10, 2022

Philadelphia, Pennsylvania, February 10, 2022 — Precision Benefits Group is pleased to announce the promotion of Harry Bickel to the position of Partner with the firm. Harry has been a Benefits Consultant since 2010, being an integral part of the company’s growth over the years.   “As the firm continues on its exciting growth trajectory in…

Robert DeNinno Jr. Featured in Philadelphia Inquirer on Hot Employee Benefits for Small Businesses

By Robert DeNinno, Jr. | January 28, 2022

Robert DeNinno Jr., Principal of the Philadelphia based Precision Benefits Group was quoted in The Philadelphia Inquirer article, “Five hot benefits for small businesses to help attract workers.” Gene Marks, author, columnist, and small business expert, explores some of the most innovative employee benefits that small business owners can offer to attract and retain employees. The article…