Benefits Buzz

Posted October 21st, 2020 in Employers, Producers

President Donald Trump declared a national emergency due to the COVID-19 pandemic earlier this year. The national emergency took effect on March 1, 2020, and it has yet to expire. Following the national emergency declaration came a wave of guidance and regulations, including guidance and regulations which impacted deadlines associated with employee benefit programs.

Posted October 15th, 2020 in Employers, Producers

The Internal Revenue Service (IRS) recently issued Notice 2020-76 with information pertaining to the upcoming reporting required by the Affordable Care Act (ACA).

The following information was included in the notice:

Posted October 7th, 2020 in Employers, Producers

The Internal Revenue Service (IRS) has issued draft reporting forms for the purpose of filing information necessary to enforce the Employer Mandate. The 2020 draft version of the applicable forms can be found below (with finalized versions expected to be released later this year):

Draft version of Form 1095-C

Posted September 30th, 2020 in Employers, Producers

The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) requires employers with 20 or more employees to offer continuation coverage under a group health plan for periods of 18, 29 or 36 months depending on the qualifying event.

Posted September 22nd, 2020 in Producers

Flex is excited to announce the launch of the Bentegro benefits platform. Bentegro is a comprehensive online benefits platform that has true end-to-end capabilities and serves as a central point between carriers, brokers, employers, and employees.

Posted September 16th, 2020 in Producers

We are just about one month away from the start of a wave of open enrollment periods (OEPs). October 15th marks the start of the OEP season for Medicare with other OEPs in the individual and group markets following shortly thereafter. The below information summarizes some key dates and information as it relates to the upcoming OEPs.

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