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.
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.
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.
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.