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Benefits Consulting

Health care rules and laws might keep changing, but our dedication to keeping you informed about those changes—and how they might impact your business—won’t. Our goal is simple: to take care of your compliance needs so you can focus on your business.

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Health Care Reform

We understand that the regulations surrounding Health Care Reform can be overwhelming. MJ Insurance wants to give you the tools and information necessary to keep you up-to-date with the latest developments and how they impact your business. It is our goal to help you understand what you need, when you need it, and how to fit those requirements into your benefit structure. This means reviewing:

  • PPACA impact analysis
  • Reporting requirements
  • Fees and penalties
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Legislative Updates

MJ provides our clients with the information they need to stay in compliance with the latest regulatory requirements impacting their benefit offerings to their employees. We make sure to keep you informed and help you understand what you need to do for your specific situation. We do this through:

  • Email alerts
  • Webinars and seminars
  • Legislative briefs
  • MJ website archives
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Employer Responsibilities

MJ Insurance provides resources that help you in the day-to-day management of your benefits. We work with you to find the best solution to simplify your administrative workload, and help you feel confident that you have fulfilled your responsibilities. We do this through:

  • 5500 Reporting
  • Summary Plan Descriptions
  • FMLA
  • ERISA Compliance

Webinars

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HANDLING MLR REBATES
THURSDAY, september 23, 2021
3:00-4:00 PM EDT
2:00-3:00 PM CDT
12:00-1:00 PM MST
12:00-1:00 pm PDT

It’s that time of year again! Employers who sponsor a fully-insured group health plan may be receiving a Medical Loss Ratio (MLR) rebate from their insurers. In this webinar, we’ll be discussing several of the common issues related to these rebates, including how much (if any) of the rebate should be distributed to plan participants; how quickly the participant’s share must be distributed; options employers have in distributing the participant’s share; and the tax consequences of the various available distribution options.

REGISTER

Looking for a previous webinar? Click here to view the full list.

Compliance News

Employee Benefits

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WHY STARTING OPEN ENROLLMENT EARLY IN 2021 IS MORE IMPORTANT THAN EVER

The COVID-19 pandemic shook the job market in ways never before seen. For one, it created so much uncertainty that employees who would’ve typically searched for a new job […]
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Transparency Requirements & Surprise Billing – Agency FAQs Offer Several Delays

Issue Date: August 2021 Last week, agency guidance was released as several frequently asked questions (FAQs) clarifying requirements and effective dates set forth in the transparency in coverage final […]
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Risk Management

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MARKET CONDITIONS AND COVID-19 LED TO CONTINUED PRICE INCREASES IN Q2 2021, ACCORDING TO CIAB MARKET SURVEY

Q2 2021 was the 15th consecutive quarter of increased premiums, with respondents reporting an average increase of 8.3% across all-sized accounts. Premiums increased for all lines of business for […]
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IS YOUR COMPANY PREPARED TO WEATHER A MAJOR CRISIS?

Is your organization prepared to handle a major crisis causing significant disruption to your business operations or to the lives of your people?  Once a crisis event occurs, it’s […]
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e-newsletter signup

To receive information on the latest legislative updates as they occur, as well as ongoing compliance-related news through a monthly newsletter from MJ Insurance, just enter your email here:

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