Benefits Buzz
How small businesses can use the power of benefits to make employees happy and improve the bottom line.
The Internal Revenue Service (IRS) has revised its frequently asked questions (FAQ) information pertaining to the Employer Mandate. More specifically, the IRS has confirmed that an employer who provides coverage through an association health plan (AHP) has no relevance to the Employer Mandate. An employer isn’t dragged into the Employer Mandate requirements simply because they provide coverage through an AHP. Only employers with 50 or more full-time equivalent employees in the prior calendar year will be subject to the Employer Mandate. Question and answer #18 from the FAQ is shown below.
The Flex General Agency is proud to announce the addition of Scott and White Health Plan to its General Agency portfolio for small group health insurance in the state of Texas.
In October of 2017, President Donald Trump issued an executive order which was entitled “Promoting Healthcare Choice and Competition Across the United States.” The executive order instructed regulatory agencies to focus on three initiatives:
The Flex General Agency partners with Molina Healthcare in Texas for Individual Health Plans
We are excited to add Molina Healthcare’s (Molina) individual health plans to our General Agency portfolio in the state of Texas. Molina is a Fortune 500 company and was strategically chosen as a carrier who has competitive individual health plans available on the Health Insurance Marketplace (Marketplace) and is growing in Texas.
Flexible Benefit Service LLC (Flex) offers debit cards as a reimbursement option with several different Health Reimbursement Arrangement (HRA) plan designs.