Kate Rears

January 17, 2023

Innovo Benefits Group Recognized as One of Massachusetts’ Largest Employee-Benefits Firms

“We are proud to be recognized by the Boston Business Journal as one of the largest employee benefits firms in Massachusetts,” said Innovo Benefits Group President Eric P. Gulko, J.D.
December 20, 2022

IRS Finalizes Deadline Extension for Furnishing ACA Statements

On Dec. 12, 2022, the IRS released a final rule that extends the annual furnishing deadlines for Sections 6055 and 6056 reporting under the Affordable Care Act (ACA). This rule finalizes guidance that was proposed by the IRS in December 2021 with minor clarifications.
December 6, 2022

Massachusetts Employers Must Complete HIRD Form by Dec. 15, 2022

Massachusetts employers with six or more employees must annually submit a health care coverage reporting form, referred to as the Health Insurance Responsibility Disclosure (HIRD). The HIRD form has been available to be filled out electronically starting Nov. 15, and must be completed by Dec. 15, 2022.
November 23, 2022

5 Things to Consider During Open Enrollment

Whether you’re in open enrollment now or gearing up for it, here are some important topics to think through. Time is of the essence, so if you have questions or concerns about your current plan, reach out to Innovo for immediate help.
November 9, 2022

Report: Kaiser Family Foundation Employer Health Benefits 2022 Annual Survey

Download the Employer Health Benefits 2022 Annual Survey. Every year, the Kaiser Family Foundation publishes its annual survey providing details of how employer health insurance has changed year to year.
October 26, 2022

Question #2 (Dental Plans) – What We Want You to Know

On the ballot: Massachusetts voters have been asked to decide an important issue on increasing dental insurance loss ratios. Here is how we see the issue.
October 20, 2022

2023 HSA/HDHP and MA PFML Changes

How will looming HSA/HDHP and MA PFML changes affect your benefits strategy for 2023? See how you can get ahead of upcoming changes to HSA, HDHP and PFML.
August 31, 2022

Final Rule Implements Ban on Surprise Medical Billing

We've long advocated against surprise billing, knowing the hardship it brings to healthcare consumers. The No Surprises Act (NSA) aims to resolve the issue. Learn how the new legislation can protect your employees.
August 24, 2022

Employers Plan to Increase Salaries 4.1% in 2023, According to Report

How are you handling employee salary increases? Many employers are responding to a tight labor market and rising inflation with higher salaries -- up an anticipated 4.4% for the coming calendar year.
August 11, 2022

Pay or Play Affordability Percentage Decreased for 2023

On Aug. 1, 2022, the IRS issued Revenue Procedure (Rev. Proc.) 2022-34 to index the contribution percentages in 2023 for determining the affordability of an employer’s plan under the Affordable Care Act (ACA).