MJ Insight

Explore MJ Insight, where we cover trending topics, provide industry insights, and keep you up-to-date on the latest compliance regulations.

Risk Management
Risk Management

Five Ways to Keep Your School Safe and Insurable

The landscape for school safety and insurance has changed dramatically—and schools are feeling it. What once felt like a compliance exercise is now a high-stakes balancing act between protecting students and staff—and meeting the evolving expectations of insurers. For every (…)

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Street view of Washington, D.C. featuring the U.S. Capitol building in the background, with vehicles and bike lanes visible, showcasing urban infrastructure and city life.
PUBLISHED January 12th, 2024

ACA Reporting Deadlines and Penalties Cheat Sheet

DeAnn Deck

Employers subject to Affordable Care Act (ACA) reporting under Internal Revenue Code Sections 6055 or 6056 should prepare to comply with reporting deadlines in …

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Benefits+
View from the Supreme Court steps featuring classical columns, with the American flag flying and the U.S. Capitol building visible in the background surrounded by trees.
PUBLISHED January 11th, 2024

Medicare Part D Creditable Coverage Disclosure to CMS

DeAnn Deck

Background Each year, plan sponsors must disclose to the Centers for Medicare and Medicaid Services (CMS) the group health plan’s creditable coverage status for …

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Benefits+
The image features the United States Capitol dome in Washington, D.C., with a small airplane flying in the background against a cloudy sky. The iconic structure showcases its intricate architectural details, symbolizing American democracy and government.
PUBLISHED December 29th, 2023

UPCOMING ACA REPORTING DEADLINES

DeAnn Deck

Employers subject to Affordable Care Act (ACA) reporting under Internal Revenue Code Sections 6055 or 6056 should prepare to comply with reporting deadlines in …

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Benefits+
Hand placing a wooden block with a checkmark on a light blue background, alongside four other blocks with checkmarks, symbolizing task completion and organization.
PUBLISHED December 7th, 2023

COLORADO FAMLI BENEFITS START IN 2024 – IS YOUR BUSINESS PREPARED?

Courtney Hutchison

Ready or not, 2024 is right around the corner. With the new year comes new changes, and for employers with Colorado-based workers, comes new …

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Compliance
View of the U.S. Capitol building framed by marble columns, with an American flag in the foreground and lush greenery surrounding the iconic structure.
PUBLISHED December 5th, 2023

2024 HEALTH PLAN COMPLIANCE DEADLINES

DeAnn Deck

Employers must comply with numerous reporting and disclosure requirements throughout the year in connection with their group health plans. This Compliance Overview explains key …

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Benefits+
The image features the United States Capitol dome in Washington, D.C., with a small airplane flying in the background against a cloudy sky. The iconic structure showcases its intricate architectural details, symbolizing American democracy and government.
PUBLISHED December 1st, 2023

ACA REPORTING: MOST EMPLOYERS MUST FILE ELECTRONICALLY BEGINNING IN 2024

DeAnn Deck

The Affordable Care Act (ACA) created reporting requirements under Internal Revenue Code (Code) Sections 6055 and 6056. Under these rules, certain employers must provide …

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Risk Management
Young man in a blue sweater thoughtfully analyzing information on a laptop, with a notebook and a cup of coffee on the table, in a bright office setting.
PUBLISHED November 14th, 2023

CAPTIVES IN FOCUS: ARE THEY RIGHT FOR YOU?

Byron Shultz

Amid a challenging insurance market, companies are on the lookout for creative solutions to bolster their financial resilience. One strategy that continues to gain …

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Benefits+
Street view of Washington, D.C. featuring the U.S. Capitol building in the background, with vehicles and bike lanes visible, showcasing urban infrastructure and city life.
PUBLISHED November 9th, 2023

2024 HEALTH FSA & QUALIFIED TRANSPORTATION LIMITS

DeAnn Deck

NOVEMBER 2023 In Revenue Procedure 2023-24, the IRS sets forth a variety of 2024 adjusted tax limits. Among other things, the notice indicates that …

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Miniature figures of a man and woman sitting on stacks of coins, symbolizing financial disparity and wealth management concepts.
PUBLISHED November 7th, 2023

BEYOND BUZZWORDS: PAY TRANSPARENCY’S ROLE IN TOTAL REWARDS

Julie Bingham

As a result of changing labor markets, more and more employees are demanding pay transparency. Employees are demanding it, legal mandates are reinforcing it, …

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Benefits+
Street view of Washington, D.C. featuring the U.S. Capitol building in the background, with vehicles and bike lanes visible, showcasing urban infrastructure and city life.
PUBLISHED November 3rd, 2023

PCORI FEE AMOUNT ADJUSTED FOR 2024

DeAnn Deck

The Internal Revenue Service (IRS) has issued Notice 2023-70 to increase the Patient-Centered Outcomes Research Institute (PCORI) fee amount for plan years ending on …

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Benefits+
Two women collaborating in a modern office setting, one showing something on a tablet while the other smiles. A man works on a laptop in the background, creating a productive and engaging work environment.
PUBLISHED October 31st, 2023

BOOMERANG EMPLOYEES: THE UNCONVENTIONAL RETURN TO FORMER EMPLOYERS

The MJ Companies

In the aftermath of the “Great Resignation,” yet another unexpected trend is emerging on the talent horizon: the rise of boomerang employees. This trend …

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Benefits+
Graduation cap with a red tassel resting on a bed of hundred-dollar bills, symbolizing the financial investment in education and the cost of student loans.
PUBLISHED October 24th, 2023

HELPING EMPLOYEES MANAGE STUDENT LOAN DEBT

Doug Prince

The end of the student loan repayment moratorium marks a fresh wave of financial challenges for many American workers. In a time when a …

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