Benefits Blog

Muneris Insight - Health Insurance, Medicare, Employer Benefits

HHS Launches New Website for Government Health Care Options

In accordance with the PPACA July 1 deadline, the government must create an individual portal for employees and individuals to shop for future health care options. Please remember that by 2014 all employees will be able to compare their individual options through the government with your employer sponsored plan. This new website, www.HealthCare.gov, was launched…

Muneris Insight - Health Insurance, Medicare, Employer Benefits

COBRA Subsidy Not Extended; Currently Expired as of May 31

COBRA Subsidy Not Extended; Currently Expired as of May 31: Until 3 weeks ago, it was assumed by the industry that the COBRA subsidy was here to stay, at least through the end of 2010.  However, as of today it has not been extended by Congress and is expired for all involuntary terminations after May…

Muneris Insight - Health Insurance, Medicare, Employer Benefits

Medicare Part D Changes

Health Care Reform continues to generate good and bad news for consumers. The good news: in 2013 there is a provision for a Federal subsidy of 25% on brand name drugs. However, this subsidy is tempered by the continued increase in drug costs. In 2011, brand name drugs will be discounted 50% when reaching the…

Muneris Insight - Health Insurance, Medicare, Employer Benefits

Small Employer Tax Credits

Many of you are starting to receive information regarding the small business tax credit for health insurance benefits. Those employers with less than 25 full time equivalent employees whose annual wage is less than $50,000 may receive a tax credit equal to a percentage of employer contributions that must be at least 50% of the premium…

Muneris Insight - Health Insurance, Medicare, Employer Benefits

Continuation of Health Care Coverage for Young Adults

Insurance carriers are reacting to the first phase of Health Care Reform: Change in dependent age requirements. Effective June 1st, 2010 many insurance carriers will continue coverage for young adults under age 26 who are currently covered under their parent’s policy. This change will be made for all fully insured groups. In general, a dependent…

Muneris Insight - Health Insurance, Medicare, Employer Benefits

The Need for Disability Insurance

Are you prepared for a disability? 5 questions every worker should ask. Illness and accidents are on the rise in America, causing more workers to miss work and lose income. At some time during their working career, three out of every 10 workers will suffer a disability and be unable to work for a significant…

Muneris Insight - Health Insurance, Medicare, Employer Benefits

New Naw Modifies COBRA Subsidy Rules

Legal Alert: New law modifies COBRA subsidy rules By John Hickman, Esq. and Ashley Gillihan, Esq. March 12, 2010 On March 2, 2010, President Obama signed into law the Temporary Extension Act of 2010 (the “Act”). The Act contains several modifications to the COBRA subsidy rules originally included in the American Recovery and Reinvestment Act…