President Trump moved swiftly after taking office on Friday, issuing an Executive Order intended to minimize the economic and regulatory burdens of the Affordable Care Act (“ACA”). The order is somewhat symbolic and has no immediate effect on employers, many of whom...
IRS Provides a 30-Day Extension for Furnishing Forms 1095 and Extends Good Faith Transition Relief The Internal Revenue Service (IRS) has released Notice 2016-70, which extends the deadline for furnishing Forms 1095-B and 1095-C to individuals from January 31, 2017 to...
In what was already a historic election year, it was made even more memorable with legislation regarding marijuana being on the ballot in nine states. Of the nine states that voted on marijuana initiatives, eight passed including Massachusetts, Maine, California and...
In the past year one of the frequently asked questions from our insured’s has been… Does “MY” business need Cyber Liability or Data Breach Insurance? We believe it is an obligation if your company handles or stores any private customer,...
In preparation for the Medicare fall open enrollment period , employers sponsoring group health plans that include prescription drug coverage are required to notify all Medicare-eligible individuals whether such coverage is creditable. Creditable coverage means that...
Imagine losing your retirement funds, investments, savings and even perhaps your future earnings. That’s pretty much an insurance worst-case scenario, but it happens all the time to people who do not have umbrella insurance protection. For the average homeowner,...