April 2, 2018, marks National Employee Benefits Day, which recognizes all benefit professionals for their commitment to the employee benefits field and the important role they provide int the workplace. To all benefit professionals, thank you for your dedication to this crucial job! At P&A Group, we understand the pressures and challenges employers and brokers… Continue reading Celebrate National Employee Benefits Day with New Ideas for Open Enrollment
Category: Health Reimbursement Arrangements
A Guide for Uploading P&A Group Claims & Submitting Documentation
Maybe you need to submit a claim or you received a request to submit additional documentation for an existing claim. Or, perhaps you only submit claims a few times a year and you’re overdue for a refresher on how it works. Below are some helpful guidelines to submit a claim accurately – and, get your… Continue reading A Guide for Uploading P&A Group Claims & Submitting Documentation
New Inflation-Adjusted Amounts Released for 2018
Flexible Spending Accounts Health FSA For 2018, the dollar limitation on employee salary reduction contributions to a Health Flexible Spending Account will increase by $50 to $2,650 per plan year. Adoption Assistance FSA The maximum amount that may be excluded from an employee's gross income under an employer-provided adoption assistance program for the adoption of… Continue reading New Inflation-Adjusted Amounts Released for 2018
PCORI Filing Fee Due July 31
The next Patient Centered Outcomes Research Institute (PCORI) filing deadline is July 31, 2017 for all Health Reimbursement Arrangements (HRAs), Medical Expense Reimbursement Plans (MERPs) and self-funded medical plans with a plan year ending in 2016. View the schedule of fees and learn more about this excise tax. Created under the Affordable Care Act, part of… Continue reading PCORI Filing Fee Due July 31
HRAs – Will they work for your company?
A Health Reimbursement Arrangement (HRA) is an employer funded benefit that is used to reimburse employees for medical expenses as defined in IRS Code 213(d).
Flexible & Friendly, Expert & Empathetic – P&A Group’s Fresh Perspective on Employee Benefits
You’ve received the glossy brochures. You’ve heard the sales pitch, you’ve shook hands, and you’ve received promises of lower costs, increased efficiency and less “headaches.” Naturally, you decide to give a new vendor a chance – why not – and you sign up for a new service. It’s too good an opportunity to miss. Or,… Continue reading Flexible & Friendly, Expert & Empathetic – P&A Group’s Fresh Perspective on Employee Benefits
Your Most Frequently Asked Questions, Answered
Do you have a lingering question about how to manage your P&A plan? We researched the most commonly asked participant questions and put together a Q&A guide. Below are the top five most frequently asked questions participants ask us. How do I log into my P&A Account? From a computer or tablet: Go to www.padmin.com… Continue reading Your Most Frequently Asked Questions, Answered
PCORI Fees Due by July 31
In 2010, the Affordable Care Act created a new entity known as PCORI, the Patient Centered Outcomes Research Institute. Part of the Institute's funding is through temporary fees imposed on group health plans, including Health Reimbursement Arrangements (HRAs) and Medical Expense Reimbursement Plans (MERPs). These fees, which must be paid by the plan sponsor,… Continue reading PCORI Fees Due by July 31