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 Arman Vahdatinia | Oct 5, 2016 | Group Benefits, Health Insurance, News
As the majority of group renewals are fast approaching, I wanted to outline the different HSA options available to CaliforniaChoice clients. For the fourth quarter of 2016, there are twelve different HSA eligible medical policies from five different carriers. (Listed...
by Arman Vahdatinia | Oct 5, 2016 | Group Benefits, Health Insurance, News
As insurance premiums continue to rise, you may find yourself exploring coverage options you may not have considered in the past. One of which is an HSA eligible policy that has risen in popularity over the years for multiple reasons. Health Savings Accounts are...