 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
|
|
BCI Internal e-News - 1/14/2016
|
|
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
|
The Power of Possibilities in 2016
|
|
This first edition of the year is packed full of helpful guidance to introduce the power of possibilities and opportunities in 2016. As you roll into the New Year, may this year bring greater collaboration, health, and prosperity for you and Team BCI!
|
|
BCI Internal Payroll System Change & Federal Tax Reporting
|
|
BCI has changed our Payroll Provider for this new year, moving from HRO Resources to AlliancePayroll, and expects this to be a positive change. BCI has diligently prepared for this move and as with any change in linking payroll, the possibility exist that errors may occur. Please review your pay stub and direct deposits and email Becky Chesnut with questions or concerns.
Keep in mind that from one tax year to the next, you may see slight adjustments to your Federal Tax Withholding, as the IRS changes the Tax Tables annually and this may cause your Net Pay to differ slightly from your last payroll dated 12/31/2015. You may update your tax withholding allowance or preferences at any time by submitting a W-4 Form to HR/Payroll.
|
|
Blue Cross Blue Shield Texas
|
Small Group Support
BCBS ACA Small Group Enrollment
888-706-0583 Technical Support for eSales Enrollment tool
For more info regarding the user manual or the enrollment process, email:
ACASmallGroupEnrollmentSupport@bcbsil.com
.
For group changes, submit amended paperwork to the following email addresses:
|
Please find the new 2016 TX Fully Insured Employer and Employee Forms listed below for 1 to 100 eligible employees. It's important to use the
attached Employee and Employer applications and PRIME New Business Enrollment Spreadsheet right away. Older versions will not be accepted beginning on 2/1/16.
Please use the following:
For more information, contact San Juan Garcia from UnitedHealthcare:
Phone 713-418-6399
Cell 281-253-3487
|
|
Guardian Life Insurance Company
|
Agency & Producer Appointment Under BCI Agency Code
Guardian recently changed how Benefit Concepts is appointed to ensure all Producers and Strategic Partners are under one agency ID. An advantage is Producers and Strategic Partners don't have to become individually appointed and Guardian can more effectively manage our block of business to track our production and persistency.
The new agency code is
9H852 which should be used for new business submissions, renewal requests, etc. This new code will automatically be recognized by the Guardian Anytime system and there is no need to add this code to your online profile(s). When retrieving your Direct Deposit Commission Statement, you will continue to receive statements for Producer ID code of BH859, which will display commissions for all your old and new codes.
For more information, contact Nancy Byerlee of Guardian:
Nancy Byerlee
Business Analyst II
Group Sales Compensation
|
|
IRS Extends Employer Deadline for 6055 and 6056 Reporting
|
On December 28, 2015, the Internal Revenue Service (IRS) released Notice 2016-4, and delayed the required reporting of Sections 6055 and 6056 for the 2015 reporting year. Employers must distribute Forms 1095-B and 1095-C to employees by March 31, 2016, as opposed to the original due date of February 1, 2016.
|
Be on the lookout for BCI Highlights in the first quarter which include:
- Compliance Dashboard: turnkey compliance solution guides employers through compliance obligations providing useful timely information through Interactive Email, Important Notifications, Easy-to-Navigate Website, Compliance Requirements, and more.
- Maxwell Health: benefits operating system redesigns how clients manage benefits with a Real-Time Dashboard, Online Enrollment, Paperless Form-Signing, Excellent Mobile App, New Lines of Coverage, Voluntary Benefits, and more.
- GHBA: Greater Houston Builders Association and a semi-exclusive agreement with BCI provides clients with a qualifying Standard Industry Code (SIC) an advantage; Avoid Community Rating, Negotiate Renewals, Stable Renewals, Competitive Rates, Comprehensive Plans Underwritten by Humana, Access to Humana Vitality and more.
- New Tools: BCI's new look will soon be here with fresh tools to expand your business. New marketing items include: Updated Website, Print Collateral, Updated Producer Folders, and more.
|
|
The Compliance Office
See a
list of all the products The Compliance Office offers as well as the pricing. The COBRA pricing is reduced to $1.00 PEPM for BCI clients.
Caprock Provides Strong Review of ACA Reporting
The last 30 to 45 days in the health insurance arena have been painful -- tough and challenging. Group renewals for 12/1 took time and energy to get the groups renewed or shopped. Subsequently, the individual market blew up with the reduction of funding by the feds to the health carriers/ co-ops from the risk corridor provision of ACA. The funding has now been cut twice led by Senator Marc Rubio. The last cut was included in the recent budget agreement about 2 weeks ago. The carriers and co -ops were promised subsidies from the feds for a bad block of business. With these recent cuts, the carriers and co -ops getting the funding was cut substantially to only 13 cents on the dollar. The promise of liberal funding was not kept with these reductions. For that reason , carriers in the individual market have limited or restricted their networks. Some states had rate adjustments to counter the loss of funding with some seeing a 30 % plus increase in their rates. The risk corridor provision also crippled co -ops. 23 co-ops were formed under ACA. Almost half have shut their doors or will soon close their doors. Ouch!
Continue Reading
What Do The 2015 IRS ACA Extensions Mean to You?
|
|
Update Your Humana Vitality Status for the New Year
It's the start of the new Vitality year! Get your bonus vitality points for getting started during January.
The first step is to complete your Health Assessment online or on the mobile Vitality app. The second step is to complete your Vitality Check.
Biometric Screening for Humana Members at BCI Office Next Month
Biometric Screenings are a fundamental step toward improving your workplace well-being. These Screenings can help you identify potential health concerns so that they can be addressed through healthcare, lifestyle changes, and a supportive wellness service. Healthier employees experience less absenteeism, a benefit that can strengthen your team's performance and satisfaction at work, and makes your workplace environment less stressful and more enjoyable.
Be on the lookout for your invite to the event. For more information, contact:
Maria Dupuis
BCI Wellness Coordinator
maria.mybciteam.com
New Dietary Guidelines Support Healthy Choices for All Americans
|
|
Benefit Concepts, Inc.
Copyright © 2016. All Rights Reserved.
INTERNAL DISCLAIMER: This internal communication is produced by the knowledge resource team of Benefit Concepts to provide compliance consulting, publications, analysis, government relations, research, surveys, training and information management. Contact [email protected] for more information. This publication is for informational purposes only and does not constitute legal advice. Consult with legal, tax, and other advisers before applying this information to your specific situation. Additionally, this message contains confidential information and is intended for internal company use only. If you are not the intended recipient, you are hereby notified that disclosing, copying, distributing, or taking any action in reliance on the contents of this information is strictly prohibited. Employees and Licensed Agents of Benefit Concepts are expressly required not to infringe or use defamatory language regarding this communication or authorize any infringement of copyright or any other legal right in consideration of this email communication. Any such communication or action is contrary to company policy and outside the scope of the employment or compensation terms of the individual concerned. The company will not accept any liability in respect of such communication or action, and the Employee or Licensed Agent responsible will be personally liable for any damages or other liability arising. Employees or Licensed Agents who are aware of such breach must notify company management.
|
|
|
|
 |
|
 |
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
|
|
|
