On Monday, the Department of Labor announced implementation of the fiduciary rule will begin Friday, June 9, 2017, though enforcement of the rule will not begin until January 1, 2018.
The “fiduciary rule” refers to DOL regulation changes aiming to protect investors, including participants in employer-sponsored 401(k) plans, by reducing conflicts of interest between...Read More
At The Plexus Groupe, we love reading about insurance. Here are a handful of stories we're reading, sharing and bookmarking as the work week rolls on:
-- Exhibit A in why having property & casualty coverage matters: King County, Washington's P&C insurance will cover tens of millions of dollars in damages caused...Read More
May 19, 2017
As a reminder, the Patient-Centered Outcomes Research Institute (PCORI) fee is due July 31, 2017. The fee applies to self-insured and fully insured health plans. As such, this alert serves as a reminder for older plans and may be news for those employers who are new to self-insurance.
For most 2017...Read More
May 17, 2017
Earlier this month, the IRS announced higher contribution limits for Health Savings Accounts (HSAs) for 2018. The 2018 High-Deductible Health Plan (HDHP) limits have also increased from 2017 levels, as have the out-of-pocket maximums for a plan to be considered a high-deductible health plan.
HSAs and high-deductible health plans have increased...Read More
The Plexus Groupe is proud to again be a platinum sponsor of Ernst & Young’s Entrepreneur Of The Year® Midwest program.
Finalists for the 2017 awards, which recognize achievement in innovation by companies in Illinois and Wisconsin, were honored at a reception Tuesday night at the Westin Chicago River North Hotel.
Plexus Partner...Read More
May 09, 2017
We enjoy reading about insurance, and we tend to think you enjoy doing the same. With this in mind, here are a half-dozen industry-related stories we're sharing, bookmarking and thumbing through:
→ Uber is slightly raising rates in eight states, including Illinois, to give drivers a chance to buy a form of personal...Read More
On Thursday, the American Health Care Act (AHCA) passed in the U.S. House of Representatives by a 217-213 vote. The bill now travels to the Senate for discussion.
The AHCA aims to repeal and replace certain provisions of the Affordable Care Act, including the elimination of penalties, but not the reporting...Read More
May 04, 2017
The U.S. House of Representatives approved the American Health Care Act by a 217-213 margin Thursday, moving the bill on to the Senate.
The vote largely split along party lines, with all "yes" votes Republican and all "no" votes Democratic. Twenty Republicans voted against the measure, but House leadership and President...Read More
Auto insurance premiums have been on the rise since April 2016, when a six percent rate hike made it the biggest monthly increase since 2003. While the need for harder conditions in the auto insurance market is overdue, personal and commercial auto policyholders are noticing the effects. And due to...Read More
The Plexus Groupe wishes to thank the many clients, carriers and other invited guests who attended the Open House at our new Dallas office space on Thursday.
About 100 people attended the event at 5310 Harvest Hill Road in Dallas, with guests enjoying hors d’oeuvres and cocktails at the 9,000-square-foot location.
Plexus opened...Read More