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ACA Watch | January 31, 2017

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ACA Watch | January 31, 2017
Today marks the last day of open enrollment to sign up for health coverage plans on the federal Marketplace for 2017 under the Affordable Care Act (ACA). Last week congressional Republicans attended a policy retreat in Philadelphia, hoping to shape details and a timeline for repealing the ACA and replacing it with an alternate plan.
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ACA Watch | January 10, 2017

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ACA Watch | January 10, 2017
The repeal of the Affordable Care Act begins as Republicans move forward with a Budget Resolution bill.
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Health Care FSA: How do I avoid forfeiting funds?

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Health Care FSA: How do I avoid forfeiting funds?
The BESTflex Plan Health Care FSA: How do I avoid forfeiting funds? Plan Runout, Rollover and Grace Period are the magic words here. Understanding how your plan works helps you spend wisely. Start by looking up your plan information. Participants can log in at www.ebcflex.com and select “Download My Company Plan” by clicking Menu -> Account Information -> BESTflex Plan-> Download My Company Plan. You may have a Health Care Flexible Spending Account (FSA) from your employer. Let’s talk abo...
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ECFC Fights for Fair Transit Benefits

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ECFC Fights for Fair Transit Benefits
Two letters were sent to Congress by dozens of Transit Authorities and local and national organizations across the U.S. One letter was addressed to the Democratic Leader Nancy Pelosi and Ranking Member Sander Levin; the other letter was directed to House Speaker Paul Ryan and House Chairman Kevin Brady. The letters ask the government to keep employer-provided transit benefits, emphasizing that that these benefits are cost effective without adding administrative tax burden. The Employers Council ...
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Rising Cost of Health Coverage Not in Stride with Paychecks
Health care premiums are expected to rise 4 to 6% for employer plans for 2017. What is alarming about that? The expected 3% salary increase reported for next year falls short.
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    What is does it mean if a health care provider is "Out-of-Network"? This is a general idea for employees navigating their health plan who wish to understand the health care costs better so that they c...
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    Health insurance plans utilize networks. Networks consist of select network providers, which are hospital systems and the doctors and clinics associated with those systems. Insurance carriers are able...
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    Health plans utilize provider networks. Your health plan has negotiated rates for health care services that are considered “in-network.” When an insurance carrier aligns their coverage with a networ...
  • Referral? Sorry, I have to dust the shelves.
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    12 Things You Didn’t Know About the Dependent Care FSA   The BESTflexSM Plan Dependent Care Flexible Spending Account is an option of the BESTflex plan provided by your employer.     1. A specif...
  • Internships, Obamacare and Benefits

    If you currently have interns, or are hiring some soon for a summer internship program, there's something you should know.
  • Polar Plunge 2015 [PHOTOS]

    Seven of our employees participated in the 2015 Polar Plunge and took the jump. We also raised $3,436.70 for the Special Olympics, beating our goal by almost two and a half thousand dollars.
  • Benefits Selling Expo 2015

    The 11th annual 2015 Benefits Selling Expo is taking place next week, May 19th - 21st in Scottsdale, Arizona. We will be there, so make sure to check us out.