Filco February 2018 Newsletter

February 18th, 2018

Group Benefits Industry News

February  2018

A Note from The FILCO Executive Team:

We are living in the Information Age and there has never been a better time for all people to have a virtual unlimited access to information on every possible topic.

With IRS Filing Deadlines Less Than 30 Days Away, First Capitol Consulting Asks, “Are You Ready?”

February 13th, 2018

With IRS Filing Deadlines Less Than 30 Days Away, First Capitol Consulting Asks, “Are You Ready?”

Information on Meeting ACA Filing Requirements for the 2017 Tax Year Without Triggering Employer Shared Responsibility Payments LOS ANGELES, CA — February 8, 2018 — The first deadlines for filing Affordable Care Act (ACA) information returns for the 2017 tax year are less than 30 days away.

DFS Guidance for NY Health Insurance Market Rules

February 13th, 2018

DFS 2018 market-rules-guide

Revised 11-20-2017

Guidance Regarding the Federal Health Insurance Market Rules and NYS Insurance Law in Relation to Guaranteed Availability and Renewability The U.S. Department of Health and Human Services (“HHS”)

promulgated regulations that implement provisions of the federal Affordable Care Act in relation to guaranteed availability and guaranteed renewability (45 CFR Part 147). The HHS regulations differ from state law requirements in some respects.

Aetna under fire after shocking testimony by former medical director

February 12th, 2018

Aetna has come under fire after a shocking revelation by a former medical director, who has admitted under oath he ignored patients’ records when deciding whether to grant care.

California’s Insurance Commissioner Dave Jones has launched an investigation into the insurer after CNN showed him a transcript of Dr. Jay Ken Iinuma’s testimony.

HSA’s, HRA’s and FSA’s – We have the answer to your questions?

February 1st, 2018

Here at Filco we've seen an expanded use of HRA's by employers as a strategy to lower overall cost of their Healthcare plans, while maintaining a reasonable risk profile for their employees out of pocket expenses for the year.

Come talk to us about using this technique with your group and why others are seeing success with it.

Is disaster brewing in New York’s small-group market?

February 1st, 2018

The United Hospital Fund recently issued a comprehensive study of patterns in the New York state small-group market and they don’t look good. From 2007 to 2016, enrollment shrank by 600,000 members — to 1.1 million. Rates were 35% higher than the national average.

HORIZON BUNDLE – Small Employer Health Plus Plan

January 29th, 2018

Are your clients with Horizon's Omnia plans but lack any ancillary coverage?

Have you shown them the Bundled Package from Horizon called Health Plus Plans?

DENTAL/VISION/$25,000Life in one convenient package.


Small Employer Health Plus Plan Employer Application

ACA UPDATE: Cadillac Tax Delayed Until 2022

January 29th, 2018

ACA UPDATE: Cadillac Tax Delayed Until 2022

Employee Benefits, Health Care Reform

Implementation of Cadillac Tax Delayed Two Years
On January 22, 2018, Congress passed a new continuing resolution to fund the operations of the federal government.

Explaining the A B C D s of Medicare….

January 29th, 2018

Explaining the A B C D s of Medicare

Yes, there are a lot of letters that are flying around when it comes to Medicare. The letters represent different coverages but before we get to explaining the letters we need to keep in mind the basic words that will help clarify the types of coverage.