by nexbenstage | Aug 10, 2022 | Uncategorized
The IRS has released a new benchmark rate of 9.12% to determine affordability of employer-sponsored health benefits (such as ICHRAs) offered in 2023. This is down from 9.61% for 2022 and is the lowest affordability rate to date. This rate was established by the...
by nexbenstage | Jul 7, 2022 | Uncategorized
Recently, two surveys were published with great insights into the importance of health insurance benefits: “2022 Emerging Trends in Health Care Survey” from Willis Towers Watson, Spring 2022 “2022 Health at Work: A Report from Quest...
by nexbenstage | Jun 3, 2022 | Uncategorized
Adapted from Nexben’s Technology Showcase at the 2022 BenefitsPRO Broker Expo in Austin, TX, May 23-25. Each year the nation’s top brokers head to the BenefitsPRO Broker Expo to network with industry leaders and discover the latest tools, strategies and solutions that...
by nexbenstage | May 24, 2022 | Uncategorized
Sponsors of self-funded health benefit plans, including Individual Health Reimbursement Arrangements (ICHRAs), please be aware that the annual PCORI filing and fee payment are due August 1, 2022 for plans that ended in 2021. Normally, the fee is due on July 31 of the...
by nexbenstage | Apr 29, 2022 | Uncategorized
This is the 3rd post in a series on ICHRAs and SEPs. Links to others can be found below. Over the past few weeks, we have posted a few items on Individual Coverage HRAs (also known as ICHRAs) and Special Enrollment Periods (SEPs). We recently got asked about how this...
by nexbenstage | Apr 26, 2022 | Uncategorized
In a previous post, we looked at how offering an Individual Coverage Health Reimbursement Arrangement (also called an Individual Coverage HRA or ICHRA) opens up a Special Enrollment Period (SEP) for employees. Meaning an employer can offer ICHRAs outside of an Open...
