by Arman Vahdatinia | Feb 27, 2017 | Featured, Group Benefits, Health Insurance
The Department of Labor recently released their inflation-adjusted penalties for ERISA, the Family Medical Leave Act, and the Genetic Information Nondiscrimination Act. The chart below shows some of the more common penalties assessed from DOL audits. Failure to...
by Arman Vahdatinia | Jan 5, 2017 | Blue Shield of CA, Covered CA, Featured, Group Benefits, Health Insurance, Individual Benefits, News
Sutter Health and Blue Shield of California have come to an agreement on a three year renewal of their provider contact through Dec. 31st, 2019. The contract is for all coverage – Individual, Group, Medi-Cal, and Medicare. Keep in mind that not all providers...
by Arman Vahdatinia | Oct 26, 2016 | ACA Requirements, Featured, Group Benefits, Health Insurance
With healthcare premiums continuously increasing year over year, many employers are searching for options to help reduce their benefit costs. A seemingly quick fix would be to eliminate dependent coverage, but you may want to consider eliminating dependent...
by Arman Vahdatinia | Oct 14, 2016 | ACA Requirements, Featured, Group Benefits
The Employee Retirement Income Security Act (ERISA) oversees group benefit plans, and with the onset of the Affordable Care Act, the ERISA Summary Plan Description (SPD) requirements are in the spotlight. More often than not, a plan administrator assumes that a...
by Ryan | Feb 10, 2016 | Featured, Group Benefits, Health Insurance, News
Below I will describe how to check if your insurance broker is licensed in CA. In every state the process is very similar. As a consumer it is not your responsibility to check the creditability of your insurance broker, however I would urge you do so that you...
by Arman Vahdatinia | Nov 4, 2015 | ACA Requirements, Featured, Group Benefits, Health Insurance, News
Subject to ERISA (Employee Retirement Income Security Act) the SPD (Summary Plan Description) is one of the most important documents that participants under a health benefit plan must receive. The Department of Labor has increased its company audits, and more often...
