2019 Living Well Planner

2019 Living Well Planner

Introduction These days, you may feel overwhelmed with all the health information available to you. However, there are really only a few basic tips to keep in mind for your optimal health. According to experts, leading a healthy lifestyle can help you achieve total...
401(k) Contribution Limits to Rise in 2020

401(k) Contribution Limits to Rise in 2020

Employee 401(k) contributions for 2020 can increase by $500 to $19,500, while the combined employer and employee contribution limit rises by $1,000 to $57,000, the IRS announced Nov. 6. For participants ages 50 and over, the additional “catch-up”...

Notice to Employers with Quartz Health Insurance

Quartz has an updated employee application that must be used for all enrollments and changes. Please save and begin using today! Download Application Also, beginning January 1st Quartz will have in-network facilities in Waukesha county including Oconomowoc Memorial...
Annual Open Enrollment Checklist

Annual Open Enrollment Checklist

Open enrollment can be an extremely positive and rewarding experience for you and your employees. Consider the following suggestions to help you prepare for a successful open enrollment period this year. Pre-enrollment Period Plan ahead: Be ready to answer employee...
Common and Costly Employee Benefits & HR Mistakes

Common and Costly Employee Benefits & HR Mistakes

Mistakes in employee benefits and human resources can be quite costly to employers—in the form of extra benefits, complaints, lawsuits, government-assessed fines and penalties, and attorney fees, to name a few. Don’t learn the hard way what these mistakes are. 1. Not...

HSA/HDHP Limits Increase for 2020

OVERVIEW On May 28, 2019, the IRS released Revenue Procedure 2019-25 to announce the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2020. These limits include: The maximum HSA contribution limit; The minimum...
Pay or Play Penalties Will Increase for 2019 and 2020

Pay or Play Penalties Will Increase for 2019 and 2020

OVERVIEW On Sept. 11, 2019, the IRS updated their Questions and Answers (Q&As) on the employer shared responsibility rules under the Affordable Care Act (ACA), to include adjusted penalty amounts for 2019 and 2020. According to the FAQs, the penalty amounts will...
IRS Confirms ACA Pay or Play Penalties Still Apply

IRS Confirms ACA Pay or Play Penalties Still Apply

The IRS Office of Chief Counsel recently released an information letter regarding the employer shared responsibility (pay or play) penalties under the Affordable Care Act (ACA). This information letter confirms that the pay or play penalties continue to apply for...
Open Enrollment 2020 – Benefit Notices

Open Enrollment 2020 – Benefit Notices

Employers that sponsor group health plans should provide certain benefit notices in connection with their plans’ open enrollment periods. Some of these notices must be provided at open enrollment time, such as the summary of benefits and coverage (SBC). Other notices,...

Gov. Evers Issues Executive Order on Prescription Drug Prices

This week, Gov. Tony Evers issued an executive order creating a Task Force on Reducing Prescription Drug Prices. The task force is charged with addressing the rising cost of prescription drugs in Wisconsin, which the executive order says cost Wisconsin residents $1.3...
Potential Benefits and Drawbacks to CBD Oil

Potential Benefits and Drawbacks to CBD Oil

Cannabidiol (CBD oil) has become a popular subject in the media. You may have even noticed it steadily finding its way onto the shelves of health stores and coffee shops, or at stores that specialize in or exclusively sell it. While you may have heard many stories on...