If you were to ask a handful of people what they want from a health plan, there’s a pretty good chance the following demands will appear on the list. For employers, recognizing these consumer demands can go a long way in providing your employees with the best health plan options and experience available.

What is a Qualifying Life Event?
One of the things you can count on in life is change. When those changes occur, they might open the door for an employee to qualify to sign up for health insurance or make a change outside of an annual enrollment period.

Many employee benefits are subject to annual dollar limits that are periodically increased to keep up with inflation. The IRS has issued new annual dollar limits for some welfare and retirement plans.

Employers should take note of the benefit limit changes and update their benefit plan designs and plan documents accordingly.

Very little has been written about the section 4980H penalty amounts for 2019. Fortunately, after reviewing the Code and figuring out the premium adjustment percentage, it is easy to determine the penalty amounts for 2019. This article explains the Code provision and the math behind the 2019 penalty amounts.