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Time-sensitive Form 1099 information for groups

Tags:
  • service fee
  • Form 1099

In 2016, some of your clients began paying you or your agency a service fee instead of commission. The Billing and Collection Agreement states the service fee is considered “non-employee compensation” and requires employer groups to complete two copies of the Form 1099-Misc — sending one copy to you, and the other to the IRS. - Read More

The Future of the Affordable Care Act

Tags:
  • featured

With the results of the presidential election, the elections in the House and Senate completed and the inauguration just days away, many are asking what are the implications for the Affordable Care Act (ACA) and how health insurance might change under a Trump administration. - Read More

Life insurance policy changes for Arkansas Blue Cross transition plans

Tags:
  • Life Insurance
  • Grandmother Plans

Arkansas Blue Cross and Blue Shield’s transition plans are moving to Metallic plan types beginning with February 1 groups this year. Arkansas Blue Cross will no longer bill the $15,000 life insurance that currently accompanies transition plans. Your employer groups can continue this coverage through their current carrier and will have additional plan options to choose from. - Read More

Arkansas Blue Cross makes changes to Short-Term Blue and Essential Blue Freedom plans

Tags:
  • Limited Duration Policy

New rules for limited-duration health insurance policies means changes are on the way for Arkansas Blue Cross and Blue Shield — including the phase out of Essential Blue Freedom (EBF). The federal government has significantly altered how health insurers can offer limited-duration insurance policies, and issued its final rules and guidance for how to proceed. - Read More