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2020 US Supreme Court Will Hear Challenge to the ACA

  • ACA, Benefits
  • March 11, 2020
  • Penniall Insurance Services

U.S. Supreme Court Will Hear Challenge to the ACA On March 2, 2020, the United States Supreme Court agreed to hear a legal challenge to the Affordable Care Act (ACA). The case involved is Texas…

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2020 Minimum Wage Rates by State

  • Taxes
  • December 10, 2019
  • Penniall Insurance Services

OVERVIEW The current federal minimum wage rate is $7.25 per hour. However, many states have adopted minimum wage rates higher than the federal rate. When the state rate and the federal rate are different, employers…

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Benefits Buzz – December 2019

  • Benefits, Health Insurance
  • November 26, 2019
  • Penniall Insurance Services

FSA Contribution and Other Benefits Limits Rise for 2020 The IRS announced an increase to flexible spending account (FSA) contribution limits for the 2020 plan year. Individuals can contribute $2,750 in 2020, up $50 from…

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Live Well, Work Well – December 2019

  • health, Wellness
  • November 26, 2019
  • Penniall Insurance Services

Tips for Sticking to Your Diet During the Holidays The holidays bring to mind thoughts of family, friends, fun and food. However, each year, millions of Americans struggle to maintain their waistlines during the holidays…

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Compliance Bulletin – IRS Announces Employee Benefit Plan Limits for 2020

  • ACA, Health Insurance, Wellness
  • November 26, 2019
  • Penniall Insurance Services

IRS Announces Employee Benefit Plan Limits for 2020 OVERVIEW Many employee benefits are subject to annual dollar limits that are periodically increased for inflation. The Internal Revenue Service (IRS) recently announced cost-of-living adjustments to the…

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Benefits Buzz – November 2019

  • Health Insurance, Wellness
  • October 31, 2019
  • Penniall Insurance Services

Summary of the 2019 Employer Health Benefits Annual Survey Each year, the Kaiser Family Foundation and the Health Research & Educational Trust conduct a survey to examine employer-sponsored health benefit trends. This article summarizes some…

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Live Well, Work Well – November 2019

  • health, Wellness
  • October 31, 2019
  • Penniall Insurance Services

It’s That Time of the Year Again: Flu Season Is Here The arrival of the fall and winter months signals many things, including the beginning of flu season. According to the Centers for Disease Control…

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ACA Overview – How Employers Should Handle MLR Rebates

  • ACA, Health Insurance
  • October 11, 2019
  • Penniall Insurance Services

The Affordable Care Act (ACA) established medical loss ratio (MLR) rules to help control health care coverage costs and ensure that enrollees receive value for their premium dollars. The MLR rules require health insurance issuers…

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Compliance Bulletin – Medicare Part D Notices

  • Health Insurance, Medicare
  • September 20, 2019
  • Penniall Insurance Services

OVERVIEW Each year, Medicare Part D requires group health plan sponsors to disclose to individuals who are eligible for Medicare Part D and to the Centers for Medicare and Medicaid Services (CMS) whether the health…

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Live Well, Work Well – August 2019

  • health, Wellness
  • July 31, 2019
  • Penniall Insurance Services

1 in 5 Deaths Worldwide Associated With Poor Diets According to a recently published study, 11 million deaths in 2017 were attributable to dietary risk factors.That total number translates to one-fifth of the world’s total…

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