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Blog Posts:
Ensuring COBRA Compliance: Who Needs to Receive SPDs for ERISA Health and Welfare Plans?
Navigating the requirements for Summary Plan Descriptions (SPDs) under ERISA health and welfare plans can be complex. Ensuring compliance is crucial for plan administrators, especially for COBRA qualified beneficiaries. This guide will help you understand who must...
Top 5 FSA Buys Before Grace Period Ends
As the FSA grace period draws to a close on March 15, it's crucial to make the most of your remaining funds. Flexible Spending Accounts (FSAs) offer a fantastic way to save on healthcare expenses, but any unused money will be forfeited if not spent by the deadline. To...
Can COBRA Premiums Be Increased Midyear? Understanding IRS Regulations and Exceptions
When managing group health insurance plans, employers often face the challenge of aligning COBRA premiums with midyear increases in insurance premiums. However, the IRS COBRA regulations generally do not permit midyear increases in COBRA premiums. Here’s what you need...
Midyear Health FSA Election Changes: Essential Guidelines for Employers and Employees
Administering a Health Flexible Spending Account (FSA) can be challenging, especially when employees request midyear changes to their elections due to unforeseen medical circumstances. This blog post aims to clarify the rules surrounding midyear election changes and...
Understanding COBRA Coverage Termination for Small Premium Shortfalls
When managing COBRA coverage, it's important to know what happens if a qualified beneficiary pays less than the full premium amount. Here's a simplified guide: Timely Payments and Grace Periods Qualified beneficiaries must make timely COBRA premium payments, with a...
Understanding DCAP Reimbursements: Application Fees, Deposits, and Indirect Expenses
Navigating the intricacies of Dependent Care Assistance Programs (DCAP) can be challenging, especially when it comes to understanding what expenses qualify for reimbursement. One common question that arises is whether application fees, deposits, and similar expenses...
Maximizing Employee Benefits: How to Implement Matching HSA Contributions in Your Company’s Cafeteria Plan
In today's competitive job market, offering attractive employee benefits is crucial for retaining top talent. One effective way to enhance your benefits package is by implementing matching Health Savings Account (HSA) contributions through your company's cafeteria...
IRS Announces 2025 Standard Mileage Rates and Vehicle Value Limitations
The IRS has released the optional standard mileage rates for 2025, providing important updates for businesses, medical care, and charitable activities. Here's what you need to know about the new rates and vehicle value limits. 2025 Standard Mileage Rates Business Use:...
Understanding Employee Benefit Acronyms: A Quick Guide
Employee benefits often include a lot of acronyms. What do these and other acronyms mean? They are primarily used in Cafeteria Plans, Consumer-Driven Health Care, ERISA Compliance, COBRA, HIPAA, and Group Health Plan Mandates manuals. The list...
IRS Sets 2025 PCORI Fee Amounts
The IRS has released the 2025 Patient-Centered Outcomes Research (PCORI) fee amounts for health insurers and self-insured health plan sponsors. The PCORI fee is due on July 31, 2025. For plan and policy years ending between October 1, 2024, and October 1, 2025, the...
Events:
NueSynergy’s Director of Central Sales will be in St. Louis September 15-16
Following last month’s visit to Nashville, NueSynergy is back on the road for another sales...
NueSynergy’s Director of Central and Southeast Sales will be in Nashville August 18-19
After two months off, NueSynergy is back on the road for another sales trip. From August 18-19,...
NueSynergy’s Director of Central Sales will be in Colorado June 13-14
NueSynergy is nearing its third sales trip of the month....
NueSynergy’s Director of Southeast Sales will be in Birmingham on June 9
NueSynergy's second sales trip of the month is coming up. On June 9 only, John Kirchmeyer,...
NueSynergy’s Director of Southeast Sales will be in Virginia Beach June 5-7
NueSynergy is off to another exciting sales trip next month. From June 5-7, John Kirchmeyer,...
NueSynergy’s Director of Central and Southeast Sales will be in Austin May 23-25
NueSynergy is making its second sales trip of the month next week. From May 23-25, Director of...
NueSynergy’s Director of Southeast Sales will be in Savannah May 17-19
NueSynergy is making its third sales trip of the year next week. From May 17-19, John...
A member of NueSynergy’s sales team will be in Fort Worth April 26-29
NueSynergy is set to kick off its second trip of the calendar year next week. From April 26-29,...