Everybody uses their health savings account (HSA) a little differently, and that’s OK. In fact, flexibility is one of the many advantages of an HSA. However, there are a few things you should keep in mind to make sure that you’re utilizing your HSA as efficiently as possible. Be Smart …
Each year, Medicare Part D requires group health plan sponsors to disclose to individuals who are eligible for Medicare Part D and to the Centers for Medicare and Medicaid Services (CMS) whether the health plan’s prescription drug coverage is creditable. Plan sponsors must provide the annual disclosure notice to Medicare-eligible …
You might enjoy going on a long bike ride on a nice day, but you may not have the time after the workday ends. If that’s the case, consider fitting biking into your existing schedule. An estimated 50 million people live within 5 miles of their workplaces. If you are …
As health care costs continue to rise, so has the value of voluntary benefits. Voluntary benefits allow employers to offer benefits that are attractive to employees without added cost to the company. Many employers consider expanding their voluntary benefits to compensate for employees’ increasing health care costs. Employees benefit because …
Founded by a small group of students, clergy, and local residents in response to the death of Stanley Biddle, a local homeless man, the University City Hospitality Coalition came together in 1984 to “confront the bleak and tragic realities of homelessness in their own community.” With over thirty years of service …
The FDA has announced a voluntary recall of medications that contain valsartan, which is a popular drug used to treat heart failure and high blood pressure (HBP). The recall was issued after a possible carcinogen (a substance that could cause cancer) was found in the recalled medications. What exactly was …
On June 1, 2018, New Jersey Gov. Murphy passed the Out-of-Network Consumer Protection, Transparency, Cost Containment and Accountability Act (the “OON Act”). In general, the OON Act applies to emergency services and other care provided by out-of-network physicians in in-network settings (i.e. hospital-based physicians). It takes effect on September 1, …
The American Cancer Society recommends that adults undergo colorectal cancer screening starting at age 45, opposed to the long-observed threshold of age 50. The new guidelines were published in CA: A Cancer Journal for Clinicians. This shift affects nearly 22 million Americans who fall within the 45-to-49 age range. Like …
The Internal Revenue Service (IRS) released draft 2018 forms for reporting under Internal Revenue Code (Code) Sections 6055 and 6056. 2018 draft Forms 1094-C and 1095-C were released July 11, 2018, and will be used by applicable large employers (ALEs) to report under Section 6056, as well as for combined …
On June 30th, 2018, our CBI Cares Team faced the heat and volunteered their Saturday to support Equines for Freedom’s Third Annual Wine Festival, one of the nonprofit’s biggest fundraising events. Proceeds from this event fund EFF’s mission: “To provide equine-assisted PTSD treatment to current and former U.S. service members, …
Through a company-wide food drive coordinated by our very own Christa Wisneski and CBI Cares team, Creative Benefits was able to donate an assortment of food and grocery items, as well as make a monetary contribution to Phoenixville Area Community Services. Contributions like this equip PACS with the ability to …
On May 31, 2018, the Internal Revenue Service (IRS) published a proposed rule that would expand the electronic filing requirement for a number of tax forms. Current IRS rules impose a 250-return threshold for mandatory electronic filing, which applies separately to each type of information return. However, the proposed rule …
We get it. Summer holidays, vacations, and the kids’ soccer schedules keep you constantly on the go. During those busy days, it seems impossible to find time to head over to the gym and fit in a workout. Josh Davidson, PT, DPT, outpatient therapy supervisor at Bryn Mawr Rehabilitation Hospital’s …
On June 19, 2018, the Department of Labor (DOL) released a final rule that gives small businesses more freedom to join together as a single group to purchase health insurance in the large group market or to self-insure. These benefit arrangements are called association health plans (AHPs). By forming AHPs, …
Gorgeous weather is the best motivator to get active! With the summer season now in full swing, running may be the exercise for you. If interested in starting a running routine, Main Line Health suggests starting slow and giving your body time to adjust to avoid injury. Be mindful of …
