Winter/Spring 2017: MCG to Host Orlando Round Table
Based on the overwhelming success of the Round Table events in 2015 and 2016, actuarial consulting firm MCG will be hosting its third Round Table in Orlando, Florida in early 2017. The event goal is to bring together mid-size business leaders in finance and human resources, and promote discussion on strategies and leading practices in cost control, regulatory compliance, and employee communications. Attendees will include leading missionary organizations in Orlando as well as nationwide.
Based in Paso Robles, California, MCG specializes in designing, implementing, and managing health and welfare benefits for mid-size organizations with 150 or more employees. For more information about MCG’s services and future events, please contact Geoff Marsh at (805) 239-9242 or email info@MCGteam.com.
MCG to Host Colorado Springs Round Table
Actuarial consulting firm MCG will be hosting a Round Table in Colorado Springs, Colorado on February 25, 2016 to bring together mid-size business leaders in finance and human resources. Facilitated by MCG, the Round Table’s goal is to promote discussion on strategies and leading practices in cost control, regulatory compliance, and employee communications. Attendees include leading missionary organizations in the Colorado Springs, CO area.
MCG’s Geoff Marsh to Speak at Mission Leaders Conference in September
In recognition of the significant impact of the Affordable Care Act (ACA) in the strategic planning considerations of ministry organizations, Geoff Marsh, MCG’s President and Consulting Actuary, will speak at the 2015 Mission Leaders Conference in Orlando, FL. Geoff’s talk will not only focus on ACA’s compliance requirements and the consequences for non-compliance, but also address how ministry organizations might take advantage of cost control opportunities resulting from the ACA.
A frequent speaker on health and welfare benefit matters, Geoff holds a Bachelor of Science degree in mathematics from the University of Wisconsin, is an Associate of the Society of Actuaries, and a member of the American Academy of Actuaries. Geoff founded MCG in 2000 with the idea of bringing actuarial consulting resources to mid-size organizations that are typically underserved and overcharged by traditional brokerage firms. MCG works with numerous international ministry organizations and mid-size businesses to develop a comprehensive approach to employee benefits management that includes strategic cost control, regulatory compliance, and employee communications.
For more information and to register for the Mission Leaders Conference, please visit:
Missio-Nexus Mission Leaders Conference
September 24-25, 2015
MCG to Present at Colorado Springs Benefits Networking Group
On July, 2015, MCG Consultant Brad Gauen will present on cost control strategies that comply with the Affordable Care Act (ACA) at a meeting of the Benefits Networking Group (BNG) in Colorado Springs, Colorado. Some of the strategies that Brad will discuss include the benefits of self-funding for health plans, how to avoid the Cadillac Tax through plan design, and ways to influence plan costs through wellness and utilization. Communications Consultant Robin Schwartz will join Brad to share successful health plan communications strategies.
The BNG provides an opportunity for leaders in employee benefits to discuss their benefits strategies and solutions. Other items on the meeting agenda include managing prescription costs and educating employees upon hire and throughout their careers. While the BNG primarily includes faith-based employers, the group is open to non-profits and other organizations. For more information on the BNG, please contact Robin Schwartz at RSchwartz@MCGteam.com.
MCG works with mid-size employers, including several members of the BNG, to customize health care cost control strategies, and then successfully communicate, manage, and measure them. Contact MCG at (805)239-9242 or email us at info@MCGteam.com to find out how we can help you.
MCG recognizes open enrollment season can be a hectic time however, it is important for employers to remember their COBRA responsibilities as the new plan year approaches. COBRA qualifiers still in their election period and current COBRA participants must be given the same open enrollment options as similarly situated active employees. If you have a third party handling your COBRA administration, they too must be informed of changes in plan offerings and rates. Here are a few tips to help your company stay on top…
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The IRS recently released the 1094-C/1095-C forms and instructions to be used for the 2017 Applicable Large Employer (ALE) reporting . While there are only minimal changes to the forms this year, there are indications that the IRS will be more strict in its enforcement of the reporting requirements and the penalties associated with the employer mandate. In addition, the IRS recently announced that it will reject individual tax returns if the taxpayer fails to indicate the health coverage status for all individuals included on…
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