Section 125 plans, sometimes referred to as “cafeteria plans,” permit employers to sponsor Premium Only Plans (POPs) and Flexible Spending Accounts (FSAs).
Short-Term Health Plans Expanding, But Not in California
In February, the Trump administration released its long-awaited proposal on the expansion of short-term health insurance plans that do not have to comply with all of the Affordable Care Act (ACA) requirements.
Section 125 Plans Generally Mean Irrevocable Elections
One of the most frequently asked questions to the WBCompliance team is about Section 125 Plans. That is, plans that fall under Section 125 of the tax code, known as “POP plans” (Premium Only Plans) and FSA Plans (Flexible Spending Accounts).
How Health Insurance Helps Your Clients Retain Employees
As the job market tightens, and the unemployment rate declines, it is becoming increasingly difficult for businesses to find employees to fill vacant roles
New Tool Helps Educate Your Clients
Word & Brown has developed a useful new resource to educate your clients and help them better understand health insurance and medical terms.
4 Reasons Why Health Insurance Brokers Need to Adopt Technology Now
Shifts in the insurance industry are dramatically changing the way brokers do their job. Technology is taking over an industry that was once entirely reliant on paper. If you’re worried you can’t keep up with the change of pace, you’re not alone.
Collect Employee Waivers, Even When Carriers Do Not Require It
Many employer groups will be going through Open Enrollment and renewal periods as we progress through the fourth quarter and close out 2018. They’ll be relying on their health insurance brokers to help them more than ever.