Medicare Part D DEADLINE Reminder

Medicare Part D Reminder DEADLINE The Medicare Part D notice must be distributed by October 15 to all Medicare Part D eligible participants (employees, spouses, dependents, COBRA, etc…).  **If you provided participants and new hires with the annual notice packet provided by Benefit Insurance Marketing or generated by HR Service, the Medicare Part D notice […]

Continue reading


August Compliance Recap

Compliance Recap August 2017 August was a quiet month in the employee benefits world. The Internal Revenue Service (IRS) released its 2018 affordability rate, four information letters regarding the Patient Protection and Affordable Care Act (ACA), and its draft Forms 1094 and 1095. The U.S. Department of Labor (DOL) increased the McNamara-O’Hara Service Contract Act […]

Continue reading


The COBRA Payment Process

The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) allows qualified beneficiaries who lose health benefits due to a qualifying event to continue group health benefits. The COBRA payment process is subject to various rules in terms of grace periods, notification, premium payment methods, and treatment of insignificant shortfalls. Grace Periods The initial premium payment […]

Continue reading


Compliance Recap // July 2017

Compliance Recap July 2017 July was a relatively quiet month in the employee benefits world, despite the U.S. Senate’s release of two bills in its attempt to repeal the Patient Protection and Affordable Care Act (ACA). First, the U.S. Senate revised its Better Care Reconciliation Act and declined to vote on its revision. Then the […]

Continue reading


August Webinar-Registration Closing Soon!

BIM Group is pleased to extend an invitation to attend our upcoming monthly compliance Webinar. In conjunction with our alliance with United Benefit Advisors, you have the opportunity to learn more about the latest compliance trends and regulations from one of the nation’s leading employment and benefit law firms, Jackson Lewis LLP. Best of all, you can take […]

Continue reading


BIM’s Wellness Bazaar Invitation

    Hello Clients of BIM!  You are invited to attend BIM’s Wellness Bazaar on Thursday, August 3, 2017, from 12 p.m. to 3:00 p.m. at 1151 Red Mile Road Lexington.  This event is an opportunity to gather information from a variety of health and wellness organizations that can have a positive impact on the lifestyle and well-being of your employees. A […]

Continue reading


Determining COBRA Premiums for Fully Insured and Self Funded Health Plans

Determining COBRA Premiums for Fully Insured and Self-Funded Health Plans The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) allows qualified beneficiaries who lose health benefits due to a qualifying event to continue group health benefits. While some group health plans may provide COBRA continuation coverage at a reduced rate or at no cost, most qualified […]

Continue reading