Benefits Blog

Posted by on 3/8/2017 4:30 PM

From the day that the Patient Protection and Affordable Care Act (aka Obamacare, The Affordable Care Act, or the ACA) was signed into law back in 2010, its opponents have been vowing to repeal it. During the Obama administration, repeal was a moot point given that President Obama could veto any bill that attempted to dismantle his signature legislation. Under the new Trump administration, the repeal of the ACA is a primary objective of the new president as well as the Republican majority House and Senate. However, a full repeal of the law is highly unlikely given that Senate Democrats will most likely block any attempt to fully repeal the law.

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Posted by on 1/27/2017 10:03 AM

To make up for some of the MassHealth deficit, the FY 2018 proposed budget, submitted by the Baker Administration, calls for a $2,000 per full time equivalent employee assessment on businesses with more than 10 employees if the employer does not contribute at least $4,950 towards each full time employee’s health care and have an 80% take up rate (participation rate) in a group health plan. Continue Reading
Posted by on 12/29/2016 11:00 AM

Another year has come in gone in what seems like the blink of the eye. 2016 has been a disruptive year, especially in the world of benefits. Now is the time to evaluate the competitiveness and compliance of your company’s benefits package. At Eastern Benefits Group, it is our goal to ensure that your organization is compliant and offers benefits packages that will attract and retain the best talent in your industry. Here is our guide to help you review your benefits package as you prepare for the new year. Benefits to Review As your organization changes, your benefits change, too. Take the time to review these benefits to make sure they are the right offering for your employees: Health insurance Dental Insurance Life Insurance Disability Insurance 401K Retirement Savings Account and Pension Plans Flexible Spending Accounts Vacation or Paid Time Off Program ... Continue Reading
Posted by on 5/24/2016 10:36 AM

Every 2-3 years, Eastern Benefits Group administers our employer benefits benchmarking survey that generates hundreds of responses across industries and organization sizes. Want to know how your business stacks up against other companies of your size in your industry when it comes to employee benefits? Take our 2016 Eastern Benefits Group Employee Benefits Benchmark Survey. Continue Reading