Blog Archives

• All About Health Savings Accounts | Florida Employee Benefits

  Posted on March 15th, 2018

  Taking control of health care expenses is on the top of most people’s to-do list for 2018.  The average premium increase for 2018 is 18% for Affordable Care Act (ACA) plans.  So, how do you save money on health care when the costs seems to keep increasing faster than wage… Read more »

• Tips to a Successful Annual Exam | Florida Employee Benefits

  Posted on February 28th, 2018

  Knowledge is POWER! Be prepared for your annual exam.  

• Benefits of an Annual Exam | FL Benefit Advisors

  Posted on February 22nd, 2018

  Have you ever heard the proverb “Knowledge is power?” It means that knowledge is more powerful than just physical strength and with knowledge people can produce powerful results. This applies to your annual medical physical as well! The #1 goal of your annual exam is to GAIN KNOWLEDGE. Annual exams… Read more »

• CMS Disclosure Requirement for Employer Health Plans | Florida Employee Benefits

  Posted on February 13th, 2018

  Do you offer health coverage to your employees? Does your group health plan cover outpatient prescription drugs? If so, federal law requires you to complete an online disclosure form every year with information about your plan’s drug coverage. You have 60 days from the start of your health plan year… Read more »

• Benefits Easy: Intro to Self-Funding | Florida Employee Benefits

  Posted on February 8th, 2018

  As the first month of 2018 wraps up, companies have already begun the arduous task of submitting budgets and finding ways to cut costs for the new year. One of the most effective ways to combat increasing health care costs for companies is to move to a Self-Funded insurance plan…. Read more »

• Oral Health = Overall Health | Florida Employee Benefits

  Posted on January 11th, 2018

  Have you heard the saying “the eyes are the window to your soul”? Well, did you know that your mouth is the window into what is going on with the rest of your body? Poor dental health contributes to major systemic health problems. Conversely, good dental hygiene can help improve… Read more »

• IRS Extends Deadline for Employers to Furnish Forms 1095-C and 1095-B | Florida Benefit Advisors

  Posted on January 5th, 2018

  On December 22, 2017, the IRS released Notice 2018-06 to extend the due date for employers to furnish 2017 Form 1095-C or 1095-B under the Affordable Care Act’s employer reporting requirement. Employers will have an extra 30 days to prepare and distribute the 2017 form to individuals. The due dates… Read more »

• 2017 UBA Healthplan Survey | Florida Benefit Advisors

  Posted on December 27th, 2017

  It was recently unveiled the latest findings from our 2017 Health Plan Survey. With data on 20,099 health plans sponsored by 11,221 employers, the UBA survey is nearly three times larger than the next two of the nation’s largest health plan benchmarking surveys combined. Here are the top trends at… Read more »

• Utilize FSA Monies with Key Year–End Strategies | Florida Benefit Advisors

  Posted on December 19th, 2017

  ‘Tis the Season’. Like most, you‘re probably in the midst of the “hustle and bustle” of this holiday season with dinners, parties, and activities; Christmas shopping; and spending those remaining FSA dollars you have allocated this year. Wait, what? Yes, you read right. Chances are, if you’ve opted to utilize… Read more »

• IRS Updates Guidance on Play-or-Pay Penalty Assessments | Florida Benefit Advisors

  Posted on December 13th, 2017

  Beginning in 2015, to comply with the Patient Protection and Affordable Care Act (ACA), “large” employers must offer their full-time employees health coverage, or pay one of two employer shared responsibility / play-or-pay penalties. The Internal Revenue Service (IRS) determines the penalty each calendar year after employees have filed their… Read more »