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About NEEBCo

New England Employee Benefits Company (NEEBCo) is a leading employee benefits and insurance firm that combines advanced technology and responsive, personalized service to provide tailored market analysis and custom funding solutions for employers and employees.

Recent News from NEEBCo

2018 ACA Affordability Percentages

For plan years beginning in 2018, the ACA’s affordability contribution percentages are reduced to:

9.56 % under the pay or play rules
9.56 % under the premium tax credit eligibility rules
8.05 % under an exemption from the individual mandate.

These updated affordability percentages are effective for taxable years and plan years beginning …

Aetna Exits Exchange Market

As reported by Reuters, health insurer Aetna announced it will exit the 2018 individual market in the last two states it currently sells in – Nebraska and Delaware.
Aetna projected around $225 million in losses from its exchange plan businesses this year following a loss of $700 million for 2014 through 2016.
Refer to the …

PCORI Fees due by July 31st

The Affordable Care Act (ACA) requires health insurance issuers and sponsors of self-insured health plans (including qualified Health Reimbursement Arrangements/HRA) to pay Patient-Centered Outcomes Research Institute fees (PCORI fees). The PCORI fees generally apply to insurance policies providing accident and health coverage and self-insured group health plans. The fees are reported and paid annually using IRS …