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February 10, 2017 
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IRS Issues Key Memo on Worksite Benefits
Brought to you by   Chrystine M. Heier, CEBS, LIA
Principal & Co-Owner, Sullivan Benefits
The IRS defines a fixed indemnity health benefit as "a plan that pays covered individuals a specified amount of cash for the occurrence of certain health-related events, such as office visits or days in the hospital. The amount paid is not related to the amount of any medical expense incurred or coordinated with other health coverage." Fixed indemnity health plans include benefits for specified diseases or illnesses (e.g. cancer insurance), hospital indemnity coverage (e.g. $100 per hospital day), accident coverage, or similar coverages offered as worksite products.
What you need to know...

Historically there has been confusion as to the taxation of these types of benefit payments, in great part due to the lack of relation of the benefit payable to the actual medical expense incurred. To clear up this confusion, the IRS issued a Memorandum on January 20, 2017 that concluded an employer may not exclude from an employee's gross income any payments under an employer-provided fixed indemnity health plan if the value of the coverage was excluded from the employee's gross income and wages. Thus, for an employer-provided fixed indemnity health plan...

Keep Your Cholesterol in Check!
Brought to you by Nan Maley, RN
Director of Corporate Wellness, Sullivan Benefits
It is important to keep your "bad" and "good" cholesterol levels in check as part of a healthy, balanced lifestyle, because high cholesterol is only one risk factor for developing heart disease.
Cholesterol is a type of fat produced by the liver.   Essential to proper body function, it aids in hormone production, supports nerve and brain development, helps the liver digest fats and is the key substance in every cell of the body.
While cholesterol is important to your health, it is possible you can have too much of a good thing.  Cholesterol travels to your cells through your bloodstream.  Because it is a fat, it does not mix well with water or blood, and must be wrapped in protein. This is called lipoprotein cholesterol, which is categorized into two forms:
*           LDL, low density lipoprotein, called bad cholesterol

*           HDL, high density lipoprotein, called good cholesterol

Market Alerts
How repealing the ACA could affect employer-sponsored health plans  2/2/2017
Benefits Buzz | February 2017
Benefits Bulletin | Q1 2017 
MA among highest in health costs, price disparities 1/17/2017
Video Blog
Good vs. Bad Cholesterol

Good vs. Bad Cholesterol

Sullivan Benefits

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