(303) 369-3200

Wednesday, 24 May 2017 11:22

Frustrated with Your Healthcare Costs?

Are you tired of seeing your benefit costs skyrocket year after year? Frustrated about having little or no control over the cost of healthcare? These frustrations make some employers worry about the future of their benefits package, and thus, their ability to attract and retain the right workers.  

Published in Best Practices
Tuesday, 16 May 2017 11:14

Updates on ACA Reporting and Repeal

The American Health Care Act (AHCA) revised bill designed to repeal/replace the Affordable Care Act (ACA) passed on the House Floor on May 4, 2017. The revised bill included several amendments from the original bill, including changes to limits on Flexible Spending Account (FSA) contributions, age-ratio limits, coverage for pre-existing conditions and essential health benefits (EHB). The bill is headed to the Senate floor where it will either be amended, or the Senate could start from scratch with their own bill. 
Published in Healthcare Reform
Monday, 08 May 2017 10:58

2018 HSA Limits Announced

In early May, the IRS published inflation-adjusted Health Saving Account (HSA) contribution limits for 2018, along with minimum deductible and maximum-out-of-pocket expenses for the high deductible health plans (HDHP) associated with HSAs. 
Published in Compliance
Thursday, 27 April 2017 08:22

Introducing an Online One-Stop HR Solution

Fall River is excited to announce that our clients will now have complimentary access to HR360, a comprehensive online Human Resources portal designed to help you comply with employment and benefit laws in all 50 states. With HR360, you’ll find easy, step-by-step guidance on a broad range of laws and policies. Even non-clients can check it out at no cost! 

Published in Industry Trends
Friday, 14 April 2017 09:49

The Final Market Stabilization Rule

There is much uncertainty around what will happen with the Affordable Care Act, and the Individual Exchanges created by the ACA have suffered from:

  • carriers exiting the marketplace (in part due to the uncertainty over subsidies and enforcement of the mandate);
  • skyrocketing prices in many areas; and
  • concerns over the risk pool the market is attracting.  

Stabilizing the individual and small group markets is a top area of concern, and HHS issued final regulations for market changes on April 13, 2017.  

Published in Healthcare Reform
Employers are naturally concerned about their rising healthcare costs, and are always looking for ways to cope with this ongoing situation.  While Fall River helps its clients create year-round strategies to address costs over the long term, some employers need some short term or one-time savings. 
Published in Industry Trends
After weeks of intense ACA repeal and replacement efforts, House Republicans withdrew the American Health Care Act (AHCA) bill on Friday, March 24th, when it was clear they lacked the votes for it to pass. 
 
The AHCA would have kept a few key components of the Affordable Care Act, such as the protection for people with pre-existing conditions as well as allowing dependent children to remain on their parent’s plan until age of 26.  The bill would have eliminated many of the taxes and the individual / employer mandates, as well as significantly defunded Medicaid. 
Published in Healthcare Reform
At Fall River, we pride ourselves on bringing our clients valuable information pertaining to their benefits package and other aspects of their jobs.  We are exploring options that will provide our clients with useful Human Resources information and assistance.  To this end, we’d like your feedback on what HR topics you would like to either know more about or get help with. Please answer our 3-question survey at the following link:


Thank you very much for your participation!
Published in Industry Trends
Wednesday, 29 March 2017 08:27

Benchmarking your Benefits

Evaluating your current benefit plan with the intent to attract and retain top talent is more crucial than ever. Benchmarking gives employers a chance to compare their current plan and contribution strategy to that elusive “standard practice.” Fall River helps its clients understand how they stack up, and we will soon be sharing a new benchmarking document with all our clients. 
 
When was the last time you measured your benefits package against other employers?
Published in Best Practices
 
 Guest Article by Kristen Deevy, Managing Director of Strategic Retirement Partners
 
On Feb. 3, 2017, President Trump drafted a memorandum to the DOL, directing that they delay implementation of the Conflict of Interest Rule (The Rule) for at least 180 days. The Rule, which was set to take effect on April 10, 2017, expands ERISA’s definition of “fiduciary” under retirement plans by identifying additional forms of communication that would constitute investment advice and would deem the giver of such advice a fiduciary under ERISA. 
Published in Healthcare Reform
Page 1 of 4