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Should You Join a PEO?

October 18, 2022

With the January 1st and year-end renewals coming up, employers are looking to find cost savings and the best programs for employees. One option that has lovers and haters is a PEO or Professional Employment Organization. A PEO has some real technical definitions to know – let’s save that for another time. Let’s just summarize it as when …

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Private Equity Investors Can Use Benefits to Grow Asset Value

September 6, 2022

Whether you’re a private equity professional, acquisition entrepreneur, or any other professional investor, you understand the need to measure every dollar in a business and make sound, strategic, data-driven investment and operational decisions. And if you’re looking to grow and scale a business, one of your primary concerns is human capital. How are you getting …

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Self-Funded Health Insurance for Dummies: Self-Funding FAQ

August 24, 2022

So, you’re thinking about self-funding your health plan, or maybe you have a self-funded plan but you’re not quite exactly sure how it works. Good news for you! Welcome to the LBL Group’s Self-Funded Health Insurance for Dummies, a FAQ for self-funding your health plan. We’ve collected the information below as a quick reference guide …

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PCORI fees are due by Monday, August 1, 2022

July 18, 2022

By way of background, the Affordable Care Act (ACA) created the Patient-Centered Outcomes Research Institute (PCORI) to study clinical effectiveness and health outcomes. To finance the Institute’s work, a small annual fee—commonly called the PCORI fee—is charged on group health plans. Grandfathered health plans are not exempt. Most employers do not have to take any …

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Transparency in Coverage

May 13, 2022

Health plan price transparency helps consumers know the cost of a covered item or service before receiving care. Beginning July 1, 2022, most group health plans and issuers of group or individual health insurance will begin posting pricing information for covered items and services. This pricing information can be used by third parties, such as …

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Employee Benefits Compliance in 2022 – What Groups Need to Know

January 5, 2022

While we spend time here discussing healthcare and cost trends impacting group health plans, we do also spend quite a bit of time working with our group clients to keep them compliant with the various federal, state, and local laws and regulations surrounding employee benefits. Webinar on 1/20: Benefits Compliance in 2022: Preparing for a …

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