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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

2019 ACA Reporting Delayed

The IRS has again determined that some employers, insurers and other providers of Minimum Essential Coverage (MEC) need additional time to gather and analyze the information and prepare the 2019 Forms 1095-B and 1095-C to be furnished to individuals. Therefore, they have provided an additional 31 days for furnishing the 2019 forms to employees.
Notice …

Health Insurance Fraud

According to the National Association of Insurance Commissioners (NAIC), health insurance and medical fraud is one of the most common frauds in terms of frequency and average cost. Fake insurance companies can defraud consumers by collecting premiums with no intention or ability to pay claims. These “companies” may offer policies at costs that are significantly …

Health FSA Limit Will Increase For 2020

The Internal Revenue Service (IRS) released Revenue Procedure 2019-44, which increased the health FSA dollar limit on employee salary reduction contributions to $2,750 for taxable years beginning in 2020. It also includes annual inflation numbers for 2020 for a number of other tax provisions.
An employer may continue to impose its own health FSA limit, …