Health FSA Contribution Limit Increases to $2,750 for 2020 Plan Years

November 7, 2019

IRS Increases Health FSA Contribution Limit for 2020, Adjusts Other Benefit Limits On November 6, 2019, the Internal Revenue Service (IRS) released Revenue Procedure 2019-44, which raises the... Read more »

Alera Group Acquires HR inTune

November 6, 2019

Alera Group, a national employee benefits, property and casualty, risk management and wealth management firm, today announced that it has acquired the business assets of HR inTune, effective October... Read more »

Massachusetts Employers Must File HIRD Form by December 15

November 5, 2019

As part of Massachusetts’ expanded Employer Medical Assistance Contribution (EMAC) program, employers with 6 or more employees in Massachusetts must submit a health insurance responsibility... Read more »

IRS Releases Guidance for Employers Offering Individual Coverage HRAs

October 28, 2019

On September 27, the Internal Revenue Service (IRS) released proposed regulations on the application of the Affordable Care Act’s (ACA) employer shared responsibility provisions to a new type... Read more »

Alera Group Acquires Makro Enterprises

September 12, 2019

Local firm joins Alera Group through GLB Insurance Alera Group, an independent national insurance brokerage and wealth management firm, today announced that it has acquired Makro Enterprises... Read more »

Departments Adopt Non-Enforcement Policy on Drug Manufacturer Coupons

August 27, 2019

On August 26, 2019, the Departments of Labor (DOL), Health and Human Services (HHS), and Treasury released an FAQ that provides guidance to employers, plan sponsors and health insurance issuers... Read more »

Alera Group Acquires Benefit Commerce Group

August 14, 2019

Alera Group, an independent national insurance brokerage and wealth management firm, today announced its acquisition of Benefit Commerce Group, an award-winning, results-driven employee benefits... Read more »

Alera Group Acquires Comprehensive Benefit Administrators

August 8, 2019

Alera Group, a leading national insurance firm, today announced its acquisition of Comprehensive Benefit Administrators (CBA), effective August 1, 2019. Terms of the transaction were not... Read more »

IRS Issues Affordability Percentage Adjustment for 2020

July 24, 2019

The Internal Revenue Service (IRS) has released Rev. Proc. 2019-29, which contains the inflation adjusted amounts for 2020 used to determine whether employer-sponsored coverage is... Read more »

IRS Expands HSA Preventive Care Safe Harbor to Include Chronic Conditions

July 19, 2019

IRS Expands HSA Preventive Care Safe Harbor to Include Chronic Conditions On July 17, 2019, the Internal Revenue Service (IRS) released Notice 2019-45, which expands the definition of preventive... Read more »