VCG’s VANTAGE
A view into the latest Benefits and HR topics
9Apr 2018

2018 Health and Welfare Compliance Dates

Authors: |Administration, Benefits, Communications, Compliance, In The Know|0 Comments

This chart summarized the key filing and disclosure requirements in connection with group health and welfare plans. Deadline Requirement Description January 31 Form W-2s Employers that filed 250 or more Form W-2s in the prior year must report the cost of employer sponsored group health coverage in Box 12, using Code DD. February 28 or April 2 Form 1094-B and [...]

2Apr 2018

Disability Claims Rules are Effective April 1, 2018 – What Does This Mean for Employers?

Authors: |Administration, Benefits, Communications, Compliance, In The Know|0 Comments

Effective April 1, 2018, plans that include disability benefits and are subject to ERISA must comply with new procedural protections issued by the Department of Labor (DOL). Entities that administer disability benefit claims, including insurance carriers and third-party administrators, will need to revise their claims procedures to comply with the final rule. Because the changes relate to claims and appeals [...]

30Mar 2018

Walmart is in Preliminary Talks to Buy Humana

Authors: |Benefits, In The Know, Strategy|0 Comments

News broke yesterday about talks between Walmart, Inc. and Humana, Inc., which may include the possible acquisition of Humana by Walmart.  If this leads to a deal, it would be the latest in a series of acquisitions in the health care industry including CVS’s announcement to buy Aetna and Cigna’s deal to buy Express Scripts. VCG will continue to watch [...]

22Mar 2018

SAN FRANCISCO’S HEALTH CARE SECURITY ORDINANCE – An Overview

Authors: |Benefits, Compliance, In The Know|0 Comments

The Health Care Security Ordinance is a local San Francisco law that mandates employers spend or contribute a minimum amount of money towards health care for employees. The spending requirement, called a health care expenditure, must be made quarterly. The San Francisco Office of Labor Standards Enforcement (OLSE) enforces the Ordinance and has the authority to assess penalties for non-compliance. [...]

12Mar 2018

The Trend Continues… Cigna Announced Plans to Buy Express Scripts

Authors: |Benefits, In The Know, Strategy|0 Comments

Cigna announced on March 8th that it plans to buy pharmacy benefits manager (PBM) Express Scripts, in a deal worth $52 billion.  This agreement is the latest of several announced mergers in the health care industry.  Late last year, CVS Health announced a deal to buy Aetna.  Other significant deals in recent history that did not go through were Anthem [...]