Qualifying midyear events are significant life changes that allow employees to adjust their benefit elections outside of the annual open enrollment period. This infographic outlines common qualifying events and changes.
Health savings accounts (HSAs) are a popular type of tax-advantaged medical savings account available to individuals enrolled in high deductible health plans (HDHPs). Individuals can use their HSAs to pay for expenses covered under an HDHP until their deductible has...
On July 31, 2024, Massachusetts enacted the Frances Perkins Workplace Equity Act. This law requires employers with 100 or more employees to provide pay data reports to the Massachusetts state secretary effective Feb. 1, 2025, and employers with 25 or more employees to...
The U.S. Department of Labor (DOL), through its Employee Benefits Security Administration (EBSA), has released a new model Employer CHIP Notice with information current as of July 31, 2024. Background As a reminder, the Children’s Health Insurance Program...
To prepare for open enrollment, employers should be aware of the legal changes affecting the design and administration of their health plans for plan years beginning on or after Jan. 1, 2025. This Compliance Overview includes an open enrollment checklist for the 2025...
Co-founded by Chrystine Heier in 1998, Sullivan Benefits serves the ever-changing employee benefit needs of today’s mid-sized employer. To learn more about us and our approach, take a stroll through our site and learn about our BluePrint process designed to maximize every dollar you spend on employee benefits.
