Medicare is a complex program and can sometimes be confusing. When you are new to Medicare, the best place to start is familiarizing yourself with the differences between Medicare and the health insurance you may have currently. Learn what makes you Medicare-eligible, the different parts of Medicare and what those parts cover, times when you […]
Employee Benefits
New PCORI Fee Amount Announced
The Internal Revenue Service (IRS) recently issued Notice 2023-70, increasing the fees paid by group health plans to fund the Patient-Centered Outcomes Research Institute (PCORI). Read more on how these new PCORI fee structure may affect you HERE.
Five Employee Benefits Cost Mitigation Strategies to Explore Now
Needing to explore cost mitigation can be stressful when trying to achieve the right balance between the costs of benefits against employee expectations and talent acquisition needs. Including the perspectives of both your CHRO and CFO is especially important here. Read the full article HERE for five strategies to looking at cost mitigation through an […]
Do You Know How to Spot a BEC Phishing Attack?
Have you trained your workforce to spot potential phishing attacks? Every organization is at risk for compromised emails and having your employees spend an extra 10 second to inspect an email or link could save your organization from cybercrime. Read the article HERE for tips to stop phishing emails before your organization is in reel […]
2023 Natural Disaster Resource Guide
We have created a valuable free resource for you to share with colleagues, friends, and family. Please feel free to forward or print as needed. We are here to serve you. Please reach out to your Risk Strategies | Gehring Group team via email or phone for any additional information. AMERICAN RED CROSS: The State […]
FPL Safe Harbor Affordability Percentage – 2024 Plan Years
The FPL Affordability Safe Harbor contribution for 2024 plan years (starting 1/1/2024 or after) is $14,580 FPL x 8.39% = $1223.26/year or $101.94 per month. The affordability percentage is outlined in the IRS Rev. Proc. 2023-29. As a refresher, this affordability safe harbor is utilized to avoid the B penalty (Affordable Care Act 4980H(b)) for not […]