MJ Insight

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

Benefits+
Benefits+ | Compliance

Pay-or-Play Affordability Percentage Will Increase for 2025

On Sept. 6, 2024, the IRS released Revenue Procedure 2024-35 to index the contribution percentage in 2025 for determining the affordability of an employer’s plan under the Affordable Care Act (ACA). For plan years beginning in 2025, employer-sponsored coverage will (…)

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Benefits+
PUBLISHED September 17th, 2024

Pay-or-Play Affordability Percentage Will Increase for 2025

Ann Poland

On Sept. 6, 2024, the IRS released Revenue Procedure 2024-35 to index the contribution percentage in 2025 for determining the affordability of an employer’s …

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News and Updates
PUBLISHED September 10th, 2024

THE MJ COMPANIES NAMED A 2024 BEST PRACTICES AGENCY

The MJ Companies

The MJ Companies retained its Best Practices status for 2024, joining an elite group of independent insurance agencies from across the United States.   The …

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Benefits+
PUBLISHED September 6th, 2024

Increased Civil Penalty Amounts for SBC, MSP, HIPAA Violations

Ann Poland

On Aug. 8, 2024, the U.S. Department of Health and Human Services (HHS) published a final rule increasing key penalties affecting group health plans. …

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Risk Management
PUBLISHED September 3rd, 2024

Commercial Property/Casualty Market Index Q2/2024

The MJ Companies

Signs of softened property and casualty market conditions were evident in Q2 2024, according to The Council of Insurance Agents & Brokers’ quarterly survey. …

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Benefits+
PUBLISHED August 30th, 2024

Upcoming Deadline: MLR Rebates

Ann Poland

Employers with insured group health plans may soon receive a medical loss ratio (MLR) rebate from their health insurance issuers. Issuers who did not …

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Risk Management
PUBLISHED August 27th, 2024

The Truth About Captives

Byron Shultz

More control and greater potential for financial reward are two benefits of captives. But you may be wondering if it’s worth making the switch. …

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Benefits+
PUBLISHED August 23rd, 2024

2025 Changes – Medicare Part D Creditable Coverage

Ann Poland

Employers sponsoring any size group health plan that provides prescription drug coverage are not required to offer creditable coverage, but they are required to …

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MJ Foundation
PUBLISHED August 20th, 2024

Opportunity Is Out There

Britni Shrout

In the heart of communities across the globe, there are stories of resilience and hope that often go unheard. These are the stories of …

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Risk Management
PUBLISHED August 13th, 2024

Drafting Your Cybersecurity Dream Team: A Playbook for Cyber Quick Response (CQR)

Carol Scully

Gearing up for the forthcoming football season, it’s time to channel that energy into fortifying your business against cyber threats. Just like a football …

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News and Updates
PUBLISHED August 6th, 2024

Colorado Market President Named “Outstanding Women in Business” by Denver Business Journal 

The MJ Companies

At MJ, we embrace innovation and aim to raise standards — a mission embodied wholeheartedly by Courtney Hutchison, our esteemed Colorado Market President. Reflecting …

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News and Updates
PUBLISHED August 1st, 2024

MJ Retirement Receives Expanded CEFEX DOL Cybersecurity Certification

The MJ Companies

INDIANAPOLIS (August 1, 2024) – MJ Retirement, the fiduciary arm of The MJ Companies, a leading financial services firm for 60 years, is proud …

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MJ Foundation
PUBLISHED July 23rd, 2024

One in a Million

Britni Shrout

Across the world, parents share in the universal desire to see their children thrive in health and happiness—a wish that becomes even more urgent …

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