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Potential Penalties for Non-Compliance with Various …

WEBPenalties for a covered entity or business associate violating the Health Insurance Portability and Accountability Act’s (HIPAA) privacy and security rules will …

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URL: https://gbsbenefits.com/potential-penalties-for-non-compliance-employee-benefits/

Individual Benefits

WEBHelp paying for health insurance premiums. Despite the rise in health insurance premiums, over 80% of families will qualify for financial assistance. Over 70% will pay $100 or less …

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6 Key Employee Benefits Trends for 2023

WEBImproving employee health care literacy. Investing in telemedicine. Incentivizing employees to seek cost-effective care options. Revisiting cost-sharing …

Category: Medicine Go Health

4 Strategies for Reducing Health Benefits Costs in 2022

WEBThe cost of healthcare is continuously increasing, and 2022 may be no exception. According to PricewaterhouseCoopers, medical expenses are expected to …

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Worker Classification Rules: Impact on Group Health Plans

WEBWorker classifications can also impact a group health plan in ways other than employer size, examples include MEWAs and the Internal Revenue Code. Details …

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Population Health GBS benefits

WEBPopulation health management is a comprehensive approach to improving health outcomes and reducing the costs of a defined patient population. It involves using data …

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About GBS Benefits

WEBGBS has nearly 30 years of experience in group benefits, partnering with thousands of large and small companies. We will be by your side as we navigate the complex terrain of …

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Watch Now: Healthcare Consumerism 101

WEBby GBS Benefits. February 25, 2024. 10:27 am. Healthcare consumerism is a movement that advocates for patients’ involvement in their own healthcare decisions. It pushes the …

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COVID Public Health Emergencies End: Impact on Group Health …

WEBOn January 30, 2023, President Biden announced plans to end – on May 11, 2023 – two COVID related emergencies. Both the COVID National Emergency and the Public …

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4 Key Trends Driving Employer Health Care Costs in 2024

WEBAmid ongoing inflation pressures, employees and employers alike can expect their health care costs to increase in 2024. Global professional services firm Aon …

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GBS Health and Wellness: Get Wise With Exercise

WEBGBS Health and Wellness: Get Wise With Exercise. by GBS Benefits. July 20, 2021. 6:52 am.

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Summary of the 2023 Employer Health Benefits Annual Survey

WEBIn 2023, the average premiums for employer-sponsored health insurance were $8,435 for single coverage and $23,968 for family coverage. The average single …

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The Impact of the Consolidated Appropriations Act of 2021 on the …

WEBThe Consolidated Appropriations Act, 2021 (CAA) was enacted on Dec. 27, 2020. The CAA includes a $900 billion coronavirus relief package that provides funding …

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Compliance Monthly Update: March 2024

WEBIRS Q2 priority guidance plan update released. On March 18, the IRS announced the release of the second quarter update to the 2023-2024 Priority Guidance …

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Important Filing Update for Affordable Care Act 1094/1095 Forms

WEBAn applicable large employer, or ALE, must report using 1094/1095-C forms. The 1095-C form is furnished by the ALE to employees. The 1094-C form along with …

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