Remove 2014 Remove Employment Remove Insurance Carriers Remove Taxes
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Taxation of Identity Protection Services

Fringe Benefit Analysts

million people were victims of identity theft in 2014. Some insurance carriers are now also offering identity protection services to their customers at no additional cost. Are Identity Theft Protection Services Tax Deductible? The Bureau of Justice Statistics estimates that 17.6 See Announcement 2016-02.)

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AMERICAN RESCUE PLAN ACT CONTAINS MANY EMPLOYEE BENEFITS RELATED PROVISIONS

Benefits Notes

Many of the provisions in this sweeping legislation bring changes to the employee benefits world of which employers should take note and which are summarized below. The ARPA also allows the employer, insurer, or multiemployer plan sponsor who subsided the premiums to offset the cost by claiming a new federal tax credit.

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Adjusted Community Rating and Its Role in Health Care Costs

Insperity

Factors used to calculate premium rates for small businesses changed on New Year’s Day 2014. Before the ACA, insurers in various states used age rating bands of up to 8:1 to spread premium costs over a range of age groups. 1, 2014, the age rating band can be no more than 3:1 anywhere in the country. Family size. Geographic area.

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The PEO Industry in 2020 & Beyond: What The Next Decade Holds

Genesis HR Solutions

Like almost every other industry, professional employer organizations (PEOs) have been forced by the global pandemic to ask themselves this question. Get an in-depth look at professional employer organizations and why you should consider partnering with one. “What is our industry’s new normal?” Click To Tweet. million to 3.7

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How Health Care Reform Helps People and Small Businesses Pay for Coverage

Insperity

Most Americans must have health insurance or face a tax penalty. That help comes in two forms: premium tax credits and cost-sharing subsidies. First, those who are eligible for coverage through a governmental program such as Medicaid, Medicare and the Children’s Health Insurance Program cannot receive subsidies.

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Health Care Reform Play or Pay Delay: Why You Shouldn’t Wait

Insperity

10, 2014, the federal government announced yet another delay to the employer shared responsibility (“Play or Pay”) provisions of the Affordable Care Act. 1, 2014, or pay a penalty. The employer mandate has not been delayed for these businesses. UPDATE: On Feb. Determining the size of your business. The bottom line?

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8 Must-ask Questions When Shopping for a PEO

Insperity

Are you uncertain about how to find the most suitable professional employer organization (PEO) for your company? If your company does business in states that have many or complex employment laws, such as California, Massachusetts and New York, it may be beneficial for the PEO you select to be well-versed in the laws of those states.