Does Your State Provide SDI? In the United States, there are several states and one commonwealth that provide statutory disability programs, commonly known as "disability insurance". They are funded by mandatory contributions of employees (optionally covered by employers). Employees' contributions are federal tax-deductible. Those States are California, Hawaii, New Jersey, New York, and Rhode Island. Puerto Rico is the commonwealth that also provides disability insurance. Be

On October 23, 2018 the Department of Labor (DOL) and Department of Health and Human Services, in collaboration with the Internal Revenue Service (IRS) released proposed regulations expanding the use of health reimbursement arrangements (HRAs) by employers. This lends itself to be a potential dramatic reshape of the small group insurance market in the years to come with the stated goal “to increase the usability of HRAs to more Americans, especially employees who work at smal

When was the last time you checked to see if your health insurance agent was properly licensed and certified? There are plenty of cases and news reports about unlicensed insurance agents (brokers) under investigation. Take Zenefits for example. In April of 2017, New York's financial services regulator fined them $1.2 million for letting unlicensed employees solicit, negotiate and sell insurance policies. This comes after repeat violations in 2014 and 2015. Some agency prin

On August 1, 2018 the Trump administration issued a final rule to expand the duration limit on Short-Term Health Plans. The current legislation limited short-term insurance to no more than three months. Under the new regulations, short-term insurance limits have been extended to 364 days, in addition to insurers being allowed, but not required, to extend their policies to a maximum of 36 months (Three Years). The final rule is effective October 2, 2018. It is estimated tha