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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

EEOC Opens EEO-1 Filing System for 2017 Reports for Employers with 100 or More Employees

The EEO-1 Online Filing System is now open for employers to submit 2017 EEO-1 Reports, the Equal Employment Opportunity Commission (EEOC) announced on Jan. 24, 2018.
Employers with 100 or more employees and certain federal contractors must use the online system to report 2017 employment data. EEO-1 Reports are due by March 31, 2018.
The …

Medicare Part D Disclosures due by March 1, 2018 for Calendar Year Plans

Group health plan sponsors who offer prescription drug benefits to any Medicare-eligible individual are required to disclose to CMS whether their prescription drug coverage is creditable or non-creditable. This disclosure is required whether the health plan’s coverage is primary or secondary to Medicare.
The plan sponsor must complete the online disclosure within 60 days after …

Discretionary verses Nondiscretionary Bonuses

The Fair Labor Standards Act (FLSA) requires that covered nonexempt employees in the private sector and in federal, state and local governments receive overtime pay for any hours they work over 40 during a workweek. Overtime pay must be at least one and one-half times the employee’s regular rate of pay.
Bonuses can play a …