IRS Issues Affordability Percentage Adjustment for 2022

September 20, 2021
The Internal Revenue Service (IRS) has released Rev. Proc. 2021-36, which contains the inflation-adjusted amounts for 2022 used to determine whether employer-sponsored coverage is “affordable” for purposes of the Affordable Care Act’s (ACA) employer shared responsibility... Find out more »

Alera Group Expands in California with Newest Acquisition, The Brokerage Commercial Insurance Services, Inc.

September 17, 2021
Alera Group, a top independent, national insurance and wealth management firm, announced today the acquisition of The Brokerage Commercial Insurance Services, Inc., a leading commercial insurance brokerage firm specializing in general liability, property, commercial automobile and workers... Find out more »

Legal Alert: September Deadlines for COBRA and 5500 Reporting

September 15, 2021
September 2021 is a busy month for compliance. Plan sponsors have obligations to meet this month, but we will focus on two in this quick alert. COBRA Subsidy Expiration Notice and Summary Annual Report  Due September 15, 2021 The COBRA subsidy expiration notice must be distributed no... Find out more »

Alera Group Acquires Fendley Benefits

Alera Group, a top independent, national insurance and wealth management firm, announced today the acquisition of Fendley Benefits, an employee benefits firm that focuses on cost management, compliance, HR support, technology and employee advocacy. “Fendley Benefits is a boutique... Find out more »

President Orders OSHA To Develop Mandatory Vaccine Requirement for Large Employers

September 14, 2021
On September 9, 2021, President Biden announced that he ordered OSHA to develop emergency temporary standards (ETSs) that would require employers with 100 or more employees to mandate that employees either receive one of the three available COVID-19 vaccines or submit to at least weekly COVID-19... Find out more »

Legal Alert: Implications of the Six-Pronged Plan on Employers

September 10, 2021
On September 9th, 2021, President Biden unveiled the White House’s “Path out of the Pandemic” which is also being referred to as the “six-pronged plan.” Certain prongs of the plan will impact employers in the United States. The COVID-19 pandemic began impacting the... Find out more »

Legal Alert: CAA Provision Status Update

The Consolidated Appropriations Act of 2021 (the “CAA”) was signed into law on December 27, 2020 and includes several provisions impacting group health plans and health insurance issuers. Below is a summary of the most pertinent pieces and the status of its implementation or effective... Find out more »

Legal Alert: DOL Extends Certain Deadlines Under the CAA and Transparency in Coverage Rules

September 8, 2021
In October 2020, CMS Released its Transparency in Coverage Final Rules (the “TiC Final Rules”) which require non-grandfathered group health plans and carriers offering health insurance in the individual and group markets to: (1) make available to the public three separate... Find out more »

Alera Group Continues National Growth with Propel Insurance Agency Merger and Concurrent Recapitalization

Alera Group’s new partnership with Propel and recapitalization will strengthen the company and greatly expand its national reach, positioning the combined business for continued future growth Alera Group, Inc., a top 20 largest independent, national insurance and financial services firm,... Find out more »

Alera Group Names Latischa Petty as Vice President of Total Rewards

September 2, 2021
Alera Group, a top independent, national insurance and wealth management firm, has appointed Latischa Petty as Vice President of Total Rewards. Reporting to Debra Martinez, Chief HR Officer at Alera Group, Petty will partner with leadership to ensure that Alera Group’s benefits, compensation and... Find out more »