MJ Insight

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

News and Updates
News and Updates

The MJ Companies Named a Best Place to Work in Indiana, Denver and Phoenix

INDIANAPOLIS (April 1, 2025) – The MJ Companies, a leading business and financial services consulting firm for nearly 60 years, is proud to announce the company has been named a Best Place to Work in Indiana, Denver and Phoenix. The (…)

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Benefits+
PUBLISHED March 19th, 2024

THE GROWING IMPORTANCE OF PAID LEAVE PROGRAMS

Courtney Hutchison

There has been a significant shift in how employers view paid leave programs in recent years. Once considered merely an employee benefit, paid leave …

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Benefits+
PUBLISHED February 23rd, 2024

IRS Releases ACA Pay-or-Play Penalties for 2025

DeAnn Deck

On Feb. 12, 2024, the IRS released updated penalty amounts for 2025 related to the employer shared responsibility (pay-or-play) rules under the Affordable Care …

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Benefits+
PUBLISHED February 20th, 2024

Health Plans Must Expand Price Comparison Transparency Tool for 2024

DeAnn Deck

Beginning in 2024, group health plans and health insurance issuers must expand the internet-based price comparison tool they make available to participants, beneficiaries and …

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Benefits+
PUBLISHED February 9th, 2024

State Laws Restricting COVID-19 Vaccine Passports and Mandates

DeAnn Deck

Since COVID-19 vaccines first became available, several states have enacted laws that restrict or ban certain entities from mandating them or requiring proof that …

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Benefits+
PUBLISHED January 30th, 2024

Navigating Total Rewards Budget Approval

Julie Bingham

Proactive planning is the key to unlocking the full potential of the total rewards budgetary approval process. The art and science behind strategic planning …

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Benefits+
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+
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+
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+
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
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+
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
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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