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Compliance Webinar | Medicare: a Timeless Topic

In 2018 an estimated 36 million workers, or about 23% of the US labor force, continued working past age 65, according to recent data published by the US Dept. of Labor’s Bureau of Labor Statistics (BLS).

By 2024, baby boomers (born between 1946 and 1964) will reach ages 60 to 78, many of whom will continue working even after they qualify for Social Security retirement benefits (and Medicare).  As compared to 2014 labor force data, BLS projects that the number of older workers (aged 65 and older) will increase by 10.9%, compared to a projected 5% increase in the entire US labor force.

With these changes to employee demographics, employers face challenges and are increasingly asked to provide employees with information about how Medicare eligibility and entitlement affect group health plans.

This 1-hour webinar, presented by Hays Companies Research and Compliance Department, covers Medicare: a Timeless Topic.

Other topics addressed include:

  • What are the various components of Medicare, and what are the costs?
  • When can/should disabled individuals and individuals who are age 65 or older enroll in Medicare?
  • For active employees, does eligibility for Medicare affect group health plan coverage?
  • How do the plans coordinate benefits?
  • How does Medicare entitlement affect eligibility to contribute to an HSA?
  • Does gaining new Medicare entitlement permit employees to change their health coverage elections?
  • How does Medicare entitlement impact eligibility for COBRA continuation coverage?
  • When employees have coverage under our health plan and are also eligible for or covered by Medicare, what are our reporting and disclosure obligations as the employer/plan sponsor?

Please click here to watch the webinar. 

Please contact your Hays Companies representative for further information. 

Compliance Webinar: FMLA and its Impact on Health and Welfare Benefits

The Family and Medical Leave Act (FMLA) has been around since 1995.  On February 6, 2013, the United States Department of Labor (DOL) published final regulations that expanded the protections under the FMLA.  Although many employers understand the job protection aspect of FMLA, protecting and maintaining employee welfare benefits during FMLA leave can be just as, if not more, challenging.

This 1-hour webinar, presented by Hays Companies Research and Compliance Department, covers FMLA and its Impact on Health and Welfare Benefits

Other topics addressed include:

  • What employers are subject to FMLA?
  • What employees are eligible for FMLA?
  • What rules specifically apply to military service members and airline personnel?
  • What are the job protections under FMLA?
  • What are the proper steps to ensure benefit protections during and after an FMLA leave?

Please click here to watch the webinar.

Please contact your Hays Companies representative for further information. 

Compliance Webinar | Employer Reporting: a 1094-C and 1095-C Refresher

2018 marks the fourth year for which Applicable Large Employers (ALEs) must report offers of health coverage to full-time employees to the IRS on Form 1094-C and provide Employee Statements (Form 1095-C). The deadline for providing Form 1095 to employees is March 4, 2019. Employers must file Form 1094-C and copies of Form 1095-C by February 28, 2019 if paper forms are filed, or April 1, 2019 if the forms are filed electronically. Final forms and instructions have been released by the IRS. This webinar will provide a refresher intended to help employers complete these forms.

This webinar, presented by Hays Companies Research and Compliance Department, covers Employer Reporting: a 1094-C and 1095-C Refresher

Other topics this webinar will address include:

  • Employers subject to reporting
  • Deliver and filing requirements
  • General reporting method and required information
  • Reporting codes
  • Reporting scenarios

You can watch the webinar here.

Please contact your Hays Companies representative for further information. 

Hays Companies Employee Benefits Presents: Upcoming Webinars in 2019

We are pleased to announce the upcoming Hays Companies Webinar schedule for the first half of 2019. Registration information for each webinar, actual dates, and complete details will be made available closer to the event.

As always, please reach out to your Hays Companies representative with any questions.

Date Topic
January Employer Reporting: a 1094-C and 1095-C Refresher
February FMLA and its Impact on Health and Welfare Benefits
March Medicare: a Timeless Topic
April ERISA: Why Does Everyone Keep Talking Wrap Documents?
May Planning for Mergers and Acquisitions
June HIPAA: Protecting Your PHI and Protecting You From Penalties

Note: additional webinars may be added due to legislative changes, rulings, guidance or other developments impacting employee benefits.

Topics and dates are subject to change due to unforeseen circumstances

Webinar: Health Savings Accounts – What You Need to Know

Health Savings Accounts (HSAs) are unique accounts that reside in employee benefits. These accounts exist merely because of health care coverage that’s offered by an employer. Employers can contribute to them, but they’re ultimately owned by the individual and are not sponsored by the overall health plan. Because of these, strange results and quirks can occur.

This 20-minute webinar, presented by Hays Companies Research and Compliance Department, covers Health Savings Accounts: What You Need to Know and will focus on FSAs, HRAs and HSAs.

Other topics this webinar will address include:

  • Who is eligible to contribute to an HSA?
  • What is a permissible and impermissible coverage?
  • How much can be contributed and when?
  • What are permissible expenses for distribution?
  • And more…

You can watch the webinar here.

If you’re interested in accessing a PDF version of the presentation, please complete the form here to download.

Please contact your Hays Companies representative for further information. 

Compliance Webinar: Wellness Plans – What You Need to Know

Healthcare costs are on the rise and with the evolving structure of wellness programs, along with the complicated wellness final regulations, it becomes a challenging task to ensure compliance. Recent legal decisions have also put the future of these final wellness regulations into question. Because of this, employers are now considering new and innovative ways to lower healthcare costs by motivating their employees to be more health-conscious.

This 45-minute webinar, presented by the Hays Benefits Research and Compliance Department, covers the most important compliance concerns for an employer sponsoring a wellness program.

Other topics this webinar will address include:

  • What is the applicable incentive limit for a given program and how is it calculated?
  • How does a wellness program appropriately incent employees, spouses and dependents?
  • Does a program need to provide a “Reasonable Alternative Standard” and what does that mean?
  • How can wellness plans be structured to ensure compliance in 2019?
  • And more…

You can watch the webinar here.

If you’re interested in accessing a PDF version of the presentation, please complete the form hereto download.

Please contact your Hays Companies representative for further information.

Hays Companies Employee Benefits Presents: Upcoming Webinars in 2018

We are pleased to announce the upcoming Hays Companies Webinar schedule for the second half of 2018. Registration information for each webinar, actual dates and complete details will be made available closer to the event.  Please reach out to your Hays Companies representative with any questions.

Topics and dates are subject to change due to unforeseen circumstances. Noteadditional webinars may be added due to legislative changes, rulings, guidance or other developments impacting employee benefits.

Interested in attending one of our webinars? Submit the form below to be notified when registration opens.

Webinar: M&A Impacts on Benefit Compliance

Corporate transitions like mergers and acquisitions are continuing at a rapid pace. When considering how these transactions and changes will impact employee benefit compliance, time is often limited.

This 3o-minute webinar, presented by the Hays Benefits Research and Compliance Department, addresses the M&A impacts on Benefits Compliance. It covers common issues that companies need to be aware of if they’re in the merger and acquisition field.

Other topics this webinar will address:

  • Integration of similar benefit offerings
  • COBRA implications
  • FSA implications
  • Employer mandate considerations
  • And more

You can watch the webinar here. 

If you’re interested in accessing a PDF version of the presentation, please complete the form here to download.

Please contact your Hays Companies representative for more information.

Cyber Insurance Webinar

Hays Companies VP and National Cyber Liability Practice Leader Dave Wasson was invited by Lathrop Gage to discuss uncommon approaches to cyber threats. This 60-minute webinar addresses the increased threat to companies being targets of data breach, insurance policies and coverage for losses and how this area has evolved in the past 10 years.

Throughout the 60-minute webinar, these cyber insurance and legal professionals covered:

·         Current risks that companies face and those predicted in the near future

·         The State of Law surrounding cyber incidents & insurance coverage around those incidents.

·         Types of policies and products that are currently available to businesses

·         Common pitfalls to avoid obtaining cyber liability insurance

Watch the webinar here – https://vimeo.com/260789216

If you have any further questions, please contact your Hays representative.