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

ACA Affordability and Offer of Coverage Penalties Update

The IRS recently updated one of their Q&As to outline their upcoming issuing of ACA penalty demand letters.
According to question 55 of the Q&A, employers will receive Letter 226J if the IRS determines at least one full-time employee received a premium tax credit to enroll on a health plan through the exchange. Letter 226J …

IRS Announces Employee Benefit Plan Limits for 2018

Many employee benefits are subject to annual dollar limits that are periodically increased for inflation. The Internal Revenue Service (IRS) recently announced cost-of-living adjustments to the annual dollar limits for various welfare and retirement plan limits for 2018. Although some of the limits will remain the same, many of the limits will increase for 2018.

2018 Individual Health Insurance Increases

The New Hampshire Insurance Department cautions those with individual coverage that some will experience steep rate increases for 2018.
“… the 24,000 residents who don’t qualify for a federal subsidy or who buy a plan outside will see an average increase of 52 percent… Rates in 2018 saw such a dramatic increase because of …