• Skip to primary navigation
  • Skip to main content
Zinser Benefit Service

Zinser Benefit Service - Small Business Insurance

Individual Insurance, Group Insurance and Employee Benefits, small business insurance

Silver Oak Form CRS
  • About
  • Support
  • Services
  • FAQ
  • Request a Quote
  • Show Search
Hide Search

What's New

Employers W-2 Reporting Requirement

Zinser · April 29, 2011 · Leave a Comment

This piece of health care reform continues to change constantly.  United Health Care released some news on this just this week –

“Employers will be responsible for reporting to employees the total cost of their group health benefit plan coverage on their W-2 forms under the Patient Protection and Affordable Care Act. The reporting requirements are expected to apply to the 2012 W-2 forms, which is information employers must report to employees in January 2013.

This requirement is informational only and does not mean that employer-provided coverage will become taxable. Employers filing fewer than 250 W-2 forms in 2011 will not be required to report the cost of coverage on any forms furnished to employees before January 2014.”

Stay tuned, I’m sure it will change again!

Preventive Care and Employees

Zinser · April 23, 2011 · Leave a Comment

Preventive care is medical care that focuses on disease prevention and health maintenance.  Preventive services result in earlier detection of diseases.  Having your preventive checkups completed also may lead to earlier discovery and identification of risks that could lead to further health problems down the road.  Common examples of preventive care services are screening tests, health education, and immunization programs.

There is more and more research being published connecting preventive care visits to overall health and well-being of employees.  Employers that offer and promote their preventive care benefits are seeing healthier and happier employees.  Employers are also seeing that employees are missing less days due to illness.  These employees that are taking advantage of their preventive services are more productive when they’re at work, they miss less days, and they are more loyal to their employers.

Preventive care is a vital part to having a healthy workforce.  When preventive care is being used, it catches illnesses and diseases in their earliest stages.  In 2004 there was a study completed that reported 7,600 cases of late-stage breast cancer, 20,000 cases of late-stage colorectal cancer, and 21,000 cases of bone disaese fractures.  All of these diesesases could’ve been treated or prevented with earlier detection, preventing the $485.2 million in excess medical claims.

Here is a link to Humana’s Preventive Services Guide.  This is just to give a general overview of what type of services are preventive.  You should check with your specific plan to know what is covered under your plan.  This should just be used as a guid.

Humana Preventive Services Guide

 

5 Tips for a Stress Free 2011

Zinser · April 18, 2011 · Leave a Comment

Tips for stress free 2011

With tax season over, here are some tips to live a more stress free 2011.

 

1099 Repeal Bill Passes Senate

Zinser · April 15, 2011 · Leave a Comment

Today President Obama signed stand-alone legislation that would repeal the 1099 tax reporting requirement for businesses included in the Affordable Care Act (or the health care reform law). This reporting requirement would have required businesses to file a 1099 form with the Internal Revenue Service every time they spent more than $600 a year with another business – greatly increasing the burden on businesses.

Here’s the news link from Bloomberg below

 

http://www.bloomberg.com/news/2011-04-14/obama-signs-law-repealing-business-tax-reporting-mandate-1-.html

 

 

Small Business Tax Credit

Zinser · February 2, 2011 · Leave a Comment

Small Group Tax Credit

With April 15th right around the corner, here’s some information about the Small Business Tax Credit that is available to employers that have fewer than 25 full-time equivalent employees. This tax credit is available to employers that maintained a “qualifying arrangement” under which the employer pays a certain percentage of the premiums (generally a minimum of 50%) for each employee enrolled in the employer’s health plan. The logic behind this credit is that it encourages employers to continue to offer a group medical insurance plan, instead of dropping coverage altogether. This was included in the Patient Protection and Affordable Care Act of 2010. If you have questions or would like more information, please contact us. If your accountant or CPA has any questions about this, please feel free to have them contact us as well.

 

  • « Go to Previous Page
  • Page 1
  • Interim pages omitted …
  • Page 14
  • Page 15
  • Page 16
  • Page 17
  • Go to Next Page »

Request a Quote

Call (502) 245-6674 for more information or Request a Quote online.

Zinser Benefit Service - Small Business Insurance

©2022 Zinser Benefit Service, Inc.
330 N. Evergreen Road, Suite 6
Louisville, Kentucky 40243
Phone: (502) 245-6674
Securities offered through Silver Oak Securities Inc. Member of FINRA / SIPC.
Zinser Benefit Service, Inc. and Silver Oak Securities, Inc. are not affiliated.
Check the background of this firm on FINRA's BrokerCheck.

  • About
  • Customer Support
  • FAQ
  • Request a Quote
  • Services
  • Silver Oak Form CRS