On May 5, 2017, the Internal Revenue Service (IRS) issued Revenue Procedure 2017-36 to index the contribution percentages in 2018 for purposes of determining affordability of an employer’s plan under the Affordable Care Act (ACA). For plan years beginning in 2018, employer-sponsored coverage will be considered affordable if the employee’s required contribution for self-only coverage does …
Our Strategic Sourcing Strategy Drives Client Success
In 2017 the Creative Benefits team launched a timely campaign, Employer Empowerment. Since the kick-off meeting, in early January, we are ahead of schedule with the successful completion of 3 strategic initiatives aimed to optimize the customer experience and drive desired outcomes. Providing our client stakeholders, the: CFO / Owner HR Director Employees …
A Successful Insurance Renewal & Open Enrollment: Part II
Employers may feel relieved when insurance renewals are over, but the fact is their job is only half done. The next step en route to the finish line is Open Enrollment. During Open Enrollment, employees learn about benefits, select coverage, fill out enrollment forms and receive identification cards. It takes …
A Successful Insurance Renewal & Open Enrollment: Part I
It’s that time of year again. Temperatures are falling, days are getting shorter, and at Creative Benefits, we have insurance renewals and open enrollment on our minds. Most companies schedule health insurance renewals and open enrollment in December and January so the time to start thinking about these things is …