We often get clients who are confused about what qualifies as group insurance and individual insurance. We at Cosmo Insurance have extensive knowledge of the different types of insurance you are eligible for. A
The Affordable Care Act (ACA) requires health insurers to offer a one-month Special Open Enrollment Period, where eligible small groups can enroll in coverage without meeting standard employer contribution and/or employee-participation ratios. The Special
When life is going good, we tend not to think of the what-ifs? What if you are injured in an accident and can’t work for a while. What if you become paralyzed? It’s not
Starting November 1, 2021, UnitedHealthcare fully insured members in most states will be eligible to sign up for Apple Fitness+ and get a 12-month subscription at no additional cost. Employers with self-funded health plans starting next
An employee cannot choose an effective or start date for group plans. Typically employee benefits are provided consistently to all employees. Effective dates are determined using an employee’s hire date and the group’s waiting
The IRS recently announced in Revenue Procedure 2021-36 that the Affordable Care Act (“ACA”) affordability indexed amount under the Employer Shared Responsibility Payment (“ESRP”) requirements will be 9.61% for plan years that begin in
Due to the COVID-19 pandemic, employers across all industries had to rapidly transform the typical work setting to protect employees’ health. This included requiring many workers to start working from home. Even now, many
Ask any Human Resource Representative what their least favorite part of their job is, and chances are their answer will be open enrollment. Employees worry about which insurance plan to choose, yet they often
As the Delta variant continues to drive a surge in COVID-19 cases, some companies consider charging unvaccinated workers more for their health insurance. More employers have required vaccine mandates after Pfizer’s COVID-19 vaccine, Comirnaty,
When looking for insurance, whether it’s health, employee benefits, life, dental, disability, or long-term care insurance, you can purchase that policy from either a broker or an agent. A broker represents you and/or your
Cosmo Insurance Agency is a full-service independent insurance agency based in New Jersey that offers an all-encompassing range of insurance options for both individuals and businesses.
Disclaimer: The information on this website is for informational and educational purposes only and is not a substitute for competent insurance, legal or tax advice and you should consult with a licensed professional in your state.
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