Blog

The Internal Revenue Service (IRS) has released Rev. Proc. 2022-34, which contains the inflation adjusted amounts for 2023 used to determine whether employer-sponsored coverage is “affordable” for purposes of the Affordable Care Act’s (ACA) employer shared responsibility provisions and premium tax credit program. As shown in the table below, for plan years beginning in 2023, the […]

Private Equity has been one of the best performing asset classes over the last 5 and 10 years and, in fact, for decades. Private equity investors do not have to endure the volatility roller coaster ride suffered by public equity investors. Watching the value of our portfolios moving up and down all day long can […]

On June 24, 2022, the United States Supreme Court (“the Court”), released its much anticipated decision in Dobbs, State Health officer of the Mississippi Department of Health, et al. v. Jackson Women’s Health Organization, et al., which examined the Mississippi abortion law that, with limited exceptions for the health of the mother or severe abnormality of the […]

Employers that sponsor self-insured group health plans, including health reimbursement arrangements (HRAs) should keep in mind the upcoming July 31, 2022 deadline for paying fees that fund the Patient-Centered Outcomes Research Institute (PCORI) via Form 720, which was recently updated and released by the IRS.  As background, the PCORI was established as part of the Affordable […]

Independence, OH. — May 16, 2022 — The Fedeli Group, a risk management insurance and employee benefits firm local to the Cleveland area, is happy to announce the acquisition of Aviation Risk Management Associates to form TFG Aviation Risk Management, LLC. The May 1, 2022, deal brings together two client-centric, growing organizations with a dominant presence in the […]

If you are a Plan Sponsor of self-funded or level-funded health plans you have new administrative requirements starting on July 1, 2022. In an effort to improve the transparency in healthcare costs, hospitals were required in 2021 to provide clear and accessible pricing information online for the items and services they provide. The next phase […]

In Rev. Proc. 2022-24, the IRS released the inflation adjusted amounts for 2023 relevant to Health Savings Accounts (HSAs) and high deductible health plans (HDHPs). The table below summarizes those adjustments and other applicable limits.   2023 2022 Change Annual HSA Contribution Limit(employer and employee) Self-only: $3,850 Family: $7,750 Self-only: $3,650 Family: $7,300 Self-only: +$200 Family: […]

By nature, I am not a balanced person; many of us are not. If I didn’t try to work on balance, I’d work around the clock, eat candy and snack all the time. Balance is not something that comes easily to me. So, I must work on it daily. I know that to be a […]

You can’t be everything to everyone. Competing in business, you choose an approach, so to speak. Do you offer the most value at the best price in the market? In other words, are you low cost? Or are you innovative and cutting edge? Is your customer service so superior you beat out competitors no matter […]