2020 Health Plan Compliance Deadlines

Every year employers that sponsor group health plans are subject to numerous reporting and disclosure requirements. Not all compliance requirements will apply to every employer, but group health plan sponsors should familiarize themselves with health plan compliance deadlines. For non-calendar year plans, these deadlines will need to be adjusted to …

Draft Forms for 2019 ACA Reporting Released

Over the years, the Affordable Care Act (ACA) has created reporting requirements under Code Sections 6055 and 6056. These rules require certain employers to provide information to the Internal Revenue System (IRS) about the health plan coverage they either offer, don’t offer, or provide to their employees. 2019 Draft Forms …

IRS Announces Benefit Plan Limits for 2020

The Internal Revenue System (IRS) recently announced the 2020 dollar limits for employee benefits including: High Deductible Health Plans (HDHPS), Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), Transportation Benefits, and Adoption Assistance. As cost of living expenses continue to rise due to inflation, the IRS annually adjusts contribution limits …

HHS Rescinds Health Plan Identifier (HPID) under HIPAA

The Department of Health and Human Services (HHS) has released a final rule to rescind the HPID and requirements for its use. What is a HPID? A HPID is a standard, yet unique health plan identifier that is primarily used in Health Insurance Portability and Accountability Act (HIPAA) standard transactions. …

Flu Season Is Back. Are You Ready?

It’s that time of year again. Flu season is back, and it’s not going anywhere anytime soon. As the colder weather begins to settle in and our exposure to germs escalates, it is most important to keep our immune system in check. The more we prioritize our health on a …

We Made the List

Creative Benefits, Inc. has been recognized by the Philadelphia Business Journal!   Coming in at… #11 on PBJ’s 2019 Employee Benefit Consultants Firms Ranked by Number of Employee Benefit Professionals List #13 on PBJ’s 2019 Women-Owned Businesses in the Philadelphia Region Ranked by Revenue List As the eleventh largest firm …