by Richard Volkmann | Feb 5, 2021 | Compliance Update, Employee Benefits
The Massachusetts Paid Family Medical Leave law has been in effect for a month now, but many employers and employees are still looking for answers and additional information. The Basics Beginning in January and July 2021, depending on the type of leave, all employers...
by Richard Volkmann | Aug 21, 2020 | Employee Benefits
The health savings account (HSA) is a growing trend in health care, but is it right for you? An HSA is a cost-effective option for many individuals and families, but it is not the best choice for everyone. The Differentiators Comparing an HSA to any traditional health...
by Richard Volkmann | Jan 17, 2019 | Compliance Updates, Employee Benefits
2019 will be the year that many employers learn more about the possible devastating effects of the MassHealth Premium Assistance Program! Will you be one of them? Let’s hope not because this program could increase a company’s total benefits line item, which in most...
by Richard Volkmann | Nov 22, 2018 | Business, Department of Revenue, Employee Benefits, FBinsure, health plan benefits, Healthcare, Mass HIRD form
Have you filed your Health Insurance Responsibility Disclosure form yet? Time is running out, it must be completed by November 30, 2018. Some of you will remember the old HIRD form from 2006. That was a nightmare to fill out it and it required an employee form and...
by Richard Volkmann | May 10, 2018 | Employee Benefits, Farrell Backlund, FBinsure, Health, Health Insurance, Healthcare
Massachusetts’ law is now imposing a penalty on employers with employees enrolled in subsidized health coverage, like MassHealth in place of an employer’s plan. These modifications are hitting employers hard! This act, passed in August 2017 is now...
