29 Jan

We’re Hiring!

We are seeking driven people to join our benefits, loss prevention, and property and casualty teams. Join our growing team!

26 Jan

2017 ACA Reporting Requirements and Deadlines

A quick reminder that as a part of the Affordable Care Act (ACA), some employers are required to complete and send forms 1094/1095 to employees and the IRS at the end of each tax year.

Who has to report?

  • All Employers with 50+ Employees
  • ALL Self-Insured Employers (including carrier level-funded)

When are the 2017 forms due?

  • 1095 Forms to Employees: March 2, 2018
  • 1094 Forms to IRS: February 28, 2018

What can Truss do to help you?

Truss has partnered with DIY1095, a complete Do-It-Yourself form generation engine that delivers a simple, easy-to-use mechanism all to help you produce 1094/1095 forms.

What is the cost? $250 for employers with under 100 employees and $500 for employers with 100 or more employees.

If you have any questions about the ACA reporting or the DIY1095 product, please contact your Truss client advisor.

25 Jan

2018 Fiduciary Education Webinars

Join Two West and Spencer Fane LLP as the help plan sponsors understand and comply with the strict legal obligations that apply to plan fiduciaries under the Employee Retirement Income Security Act (ERISA) as well as applicable state laws.

Fiduciary 101 | February 7 | Register
A Fiduciary’s Approach To Investments | May 2 | Register
Fees & Fiduciaries | August 1 | Register
Fiduciary Hot Topics  | November 7 | Register

Each webinar is presented twice – once for 401(k) plan sponsors (Noon, CST) and once for 403(b) plan sponsors (1pm, CST).

We know you’re busy and these webinar times might not work for you. Good news! If you register for a webinar and cannot attend, the recording will automatically be emailed to you the day after so you can watch  at your convenience.

Due Diligence & Continuing Education

To help you document your fiduciary due diligence efforts, attendees will receive a certificate of completion following each webinar. Best practices suggest attending at least one webinar annually.

These webinars are also pre-approved for one HRCI or SHRM recertification hour.

12 Jan

New Rules Proposed for Expansion of Association Health Plans

From Mark Avery, Chief Strategy Officer

In response to President’s Trump Executive Order last October, the Department of Labor on Thursday released proposed draft regulations for the expansion of Association Health Plans.  This is something to watch closely in the months ahead.

There are many implications, but the most significant change from today is currently business groups, or associations, that want to sponsor an AHP, must be organized for purposes beyond simply the creation of a health program.   Under the proposed regulations, that’s not the case. A health program would be reason enough.  According to the DOL’s release, “a plan could serve employers in a state, city, county, or a multi-state metro area, or it could serve all the businesses in a particular industry nationwide”.

As with most things, the devil will live in the details, but depending on how the rules are ultimately written this could have a tremendous impact on the small group health market.  Interestingly, we might see much of it driven by the carriers themselves as they view it as another way to offer plans to smaller employers outside the requirements of ACA and modified community rating.

We will watch this closely.

Original article from Kaiser Health News: “Trump Administration Rule Paves Way For Association Health Plans

04 Jan

January 2018 TrussConnect

WORKERS COMPENSATION POLICY REMINDER

Did you know that if your entity is a Limited Liability Corporation in Kansas, your members (owners) are automatically excluded from coverage under your Workers Compensation policy? To get coverage for an owner, they must complete an Election Form. See attached. This can be especially important if you make changes to your ownership in the middle of your policy term and forget to advise your Truss representative. A Workers Compensation claim could be denied. Form: Election of Individual to Come Under Act

WHERE DOES THE HEALTH CARE INDUSTRY STAND AT THE END OF 2017?
By Alan Goforth, benefits pro
This article originally appeared on December 27, 2017, at benefitspro.com

Brokers, carriers, and politicians have written and spoken volumes about the status of health care benefits in 2017. As the year winds down, is it possible to sum up the 12-month roller-coaster in just one word? “Uncertain,” says Liz Gallops, individual insurance specialist for Allegacy Benefit Solutions in Winston-Salem, North Carolina.
Read More

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Follow Truss on social media to see the latest updates from our expert advisors, photos from our company events, and all things #TeamTruss!
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Facebook: @TrussLLC
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HAPPY NEW YEAR!

 

 

 

 

 

 

 

 

24 Dec

Happy Holidays!

Wishing you Happy Holidays and a Wonderful New Year! As a reminder, Truss will be closed on December 25 and 26, and on January 1.

Thank you for a wonderful 2017 and we look forward to serving you in 2018!

20 Dec

Did you know?

Did you know…..

that if your entity is a Limited Liability Corporation in Kansas, your members (owners) are automatically excluded from coverage under your Workers Compensation policy?  In order to get coverage for an owner, they must complete an Election Form.  See attached.  This can be especially important if you make changes to your ownership in the middle of your policy term and forget to advise your Truss representative.  A Workers Compensation claim could be denied.

FORM: ELECTION OF INDIVIDUAL TO COME UNDER ACT NOTICE

15 Dec

‘Tis the Season for Ugly Sweaters

In celebration of National Ugly Sweater day, our associates really got into the holiday spirit and sported some AMAZINGLY ugly/tacky sweaters. Go #TeamTruss!

 

05 Dec

December TrussConnect

OSHA Extends Compliance Date for Workplace Injury
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has extended the date by which employers must electronically report workplace injury and illness data through the Injury Tracking Application (ITA) to December 15, 2017. This extension allows affected employers added time to adapt to the new electronic reporting system that launched on August 1, 2017.

10 Holiday Tips for Staying Healthy and Safe
As the holiday season approaches this year, keep yourself and your loved ones healthy and safe with these ten simple tips from The Centers for Disease Control and Prevention.

The holidays can be one of the most wonderful times of the year—and one of the most stressful. As this season approaches, help keep yourself and your loved ones healthy and safe with these ten simple tips.

  1. Wash your hands frequently
    It’s simple, but it’s one of the most basic ways to stay healthy. Keeping your hands clean can help prevent illness and the spread of germs. To get your hands clean, wash them with soap for at least 20 seconds. If soap and water aren’t an option, try an alcohol-based hand sanitizer.
  2. Bundle up
    When the temperature drops, be sure to wear layers of warm clothing. Because colder weather can cause health problems, check on children, older adults and pets more frequently.
  3. Actively manage your stress
    Many people experience more stress as the holidays approach. Actively manage stress by getting enough sleep. Avoid overcommitting, overspending, and try to keep a relaxed, positive outlook.
  4. Be safe when you hit the road
    Be sure to designate a sober driver for holiday parties—and always buckle up when you get in the car. If you’re traveling with kids, make sure that you buckle them in the car using a booster seat or child safety seat, according to their height, weight, and age.
  5. Celebrate smoke-free
    The holidays are a great time to renew your commitment to your, health by resolving to quit smoking. Talk to your healthcare provider for quitting tips, or sign up for our Tobacco Cessation Incentive Program.
  6. Visit your doctor
    Take care of your health for the year to come by visiting your doctor for any annual exams or screenings, which can help find problems early or before they start. Make sure your vaccinations are all up to date and consider getting a flu shot to help avoid the illness this season.
  7. Keep an extra close eye on kids
    Be sure to supervise children well this holiday season. Keep potentially hazardous toys, food, drinks, household items and choking hazards out of their reach.
  8. Prevent fires
    With decorations and celebrations, you may find that you have extra fire hazards around during the holiday season. Be sure that strings of lights are connected properly. Keep lit candles away from children and pets—as well as walkways, trees, and curtains. Never leave fireplaces, stoves or candles unattended. Check that all your fire detectors are functioning well, and change their batteries if necessary.
  9. Practice food safety
    As you prepare holiday meals, stay safe from foodborne illness. Wash your hands and countertops frequently. Avoid cross-contamination by storing raw meat, poultry, seafood and eggs separate from ready-to-eat foods. Use a food thermometer to check the internal temperature of meats before serving, and refrigerate your leftovers promptly.
  10. Eat healthy and stay active
    Temptations abound during the holiday season. Help maintain your weight by consciously making healthier choices, like opting for larger portions of vegetables and whole grains, and smaller portions of high-fat treats. Don’t forget to exercise. Try to stay active for 2.5 hours a week, and encourage children and teens to be active for at least one hour a day. As always, before starting any exercise program, talk to your doctor and see what he or she recommends.

Offices Closed
As a reminder, Truss will be closed December 25 – 26, and on January 1. Thank you for a wonderful 2017 and we look forward to serving you in 2018!

Happy Holidays