Employers that self-insured any group health plans in 2017, including health reimbursement arrangements (HRAs), are responsible for determining whether the annual PCORI fee applies to their plan. If so, use Form 720 to calculate, report, and pay the fee by July 31, 2018. PCORI stands for the Patient-Centered Outcomes Research Institute. Federal law imposes a … Continued
If you haven’t heard, the latest video game craze is Fortnite Battle Royale. This free multiplayer game can be played on both PC & Mac computers, Xbox, Playstation, and iOS devices. Fortnite is set on an island where a floating bus drops 100 players to gather materials to build fortresses and collect weapons in order … Continued
No one foresees needing disability benefits. But, should a problem arise, the educated and informed employee can plan for the future by purchasing disability insurance to help cover expenses when needed. Watch this short video to learn more!
One of the most effective ways to combat increasing health care costs for companies is to move to a Self-Funded insurance plan. By paying for claims out-of-pocket instead of paying a premium to an insurance carrier, companies can save around 20% in administration costs and state taxes. That’s quite a cost savings!
Did you know that you can save time and money on your prescription drugs by simply signing up for a discount card online? With savings as much as 80% off, these discount cards keep your health care costs down even when the prices of prescriptions are sharply rising. At no cost to the patient, discount … Continued
“Your most valued asset isn’t your house, car, or retirement account. It’s the ability to make a living.” No one foresees needing disability benefits. But, should a problem arise, the educated and informed employee can plan for the future by purchasing disability insurance to help cover expenses when needed. When you ask people what is … Continued
As the costs of health care soar, many consumers are looking for ways to control their medical spending. Also, with the rise of enrollment in high deductible health plans, consumers are paying for more health care out-of-pocket. From medical savings accounts to discount plans for prescriptions, patients are growing increasingly conscious of prices for their … Continued
Healthy choices for your body and your wallet make medical savings accounts a win-win!
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 increases? One way is through … Continued
It’s key to educate yourself and your employees on the difference between emergency care and urgent care so you don’t get pummeled by high medical costs. Here is a great video that shows you the difference!
One Huntington Quadrangle
Suite 4N10
Melville, NY 11747
Phone: (631) 465.0606
Email: info@jmbrassillgroup.com
