COBRA

Benefit Resource Selected for the BenefitsPRO Luminaries Class of 2022

Retrieved on: 
Thursday, October 27, 2022

ROCHESTER, N.Y, Oct. 27, 2022 /PRNewswire/ -- Benefit Resource (BRI) announced today that it received two honors in the inaugural BenefitsPRO Luminaries, one for the company in the Humanizing Benefits category and one for Becky Seefeldt, BRI's vice president of strategy, in the category of Education and Communication.

Key Points: 
  • ROCHESTER, N.Y, Oct. 27, 2022 /PRNewswire/ -- Benefit Resource (BRI) announced today that it received two honors in the inaugural BenefitsPRO Luminaries, one for the company in the Humanizing Benefits category and one for Becky Seefeldt, BRI's vice president of strategy, in the category of Education and Communication.
  • This professional recognition program celebrates top benefits professionals and organizations that strive to transform, humanize the benefits business and set a bright example within the industry.
  • "Our team is excited to recognize these industry thought leaders and innovators as part of our inaugural LUMINARIES program."
  • BRI ( BenefitResource.com ) provides dedicated pre-tax account administration and COBRA services nationwide to clients ranging from small businesses to Fortune 100 companies.

ATOWAK Announces Launch of COBRA: A Dangerously Stylish Watch With Satellite Hour Wheel

Retrieved on: 
Saturday, October 22, 2022

ATOWAK COBRA takes stylistic inspiration from the king of all snakes, the Cobra.

Key Points: 
  • ATOWAK COBRA takes stylistic inspiration from the king of all snakes, the Cobra.
  • Its angular head and the sharp point of its time indicators suggest a dangerous charm and a unique revolving satellite hour wheel with spinning minute hands provide deadly accuracy.
  • ATOWAK COBRA is launching on Oct. 27 at 11 AM EDT on their own website atowak.com .
  • Known for its unique method of time indication, COBRA features an intriguing revolving satellite hour wheel with spinning minute hands.

Medicare Waiting Period And Premium Changes Signal Good News For Seniors In 2023

Retrieved on: 
Friday, October 21, 2022

This is a major benefit to seniors as it eliminates the two- to three-month waiting period that was in effect, said Bethany Cissell, Allsup Benefits Coordination account manager and healthcare benefits expert.

Key Points: 
  • This is a major benefit to seniors as it eliminates the two- to three-month waiting period that was in effect, said Bethany Cissell, Allsup Benefits Coordination account manager and healthcare benefits expert.
  • If a senior does not sign up for Medicare during their IEP, they may do so during the general enrollment period (GEP) between January and March.
  • This waiting period has also been lifted beginning in January 2023.
  • At the same time, the Medicare Part B monthly premium will decrease in 2023 to $164.90 from $170.10 in 2022.

Greenland, together with Top Universities and Concordium Blockchain, is investigating the possibilities of a blockchain-based election system in the country

Retrieved on: 
Tuesday, October 18, 2022

Due to a change in the law in 2020, many Greenlanders will likely have to cast their vote online in upcoming national elections.

Key Points: 
  • Due to a change in the law in 2020, many Greenlanders will likely have to cast their vote online in upcoming national elections.
  • The Department of Social Affairs, Labor Market and Home Affairs of Greenland is going to work closely together with the group on it.
  • "My goal is that we can give the Greenlandic decision-makers good conditions for deciding which system they should use to hold online elections.
  • We will do this by developing some protocols for a system which can be verified and which is what we call software-independent," says Carsten Schrmann.

Introducing Dror Baruch as the New President & CEO of Boulder Administration Services

Retrieved on: 
Thursday, October 6, 2022

BOULDER, Mont., Oct. 6, 2022 /PRNewswire-PRWeb/ -- Boulder Administration Services, a boutique third party administrator (TPA) that provides administration services for employee benefits nationwide, announced that Dror Baruch has been appointed as the new President and CEO of the company. Dror succeeds husband and wife team Bruce and Jackie Wagner, fully assuming his new responsibilities as of October 1, 2022.

Key Points: 
  • BOULDER, Mont., Oct. 6, 2022 /PRNewswire-PRWeb/ -- Boulder Administration Services , a boutique third party administrator (TPA) that provides administration services for employee benefits nationwide, announced that Dror Baruch has been appointed as the new President and CEO of the company.
  • Dror succeeds husband and wife team Bruce and Jackie Wagner, fully assuming his new responsibilities as of October 1, 2022.
  • Dror has worked in third party administration for over 11 years and has deep experience serving clients and designing quality and value into benefit plans.
  • Headquartered in Boulder, Montana, with offices in Kalispell, Montana, and Seattle, Washington, Boulder Administration Services is a boutique third party administrator (TPA) that provides administration services for employee benefits nationwide.

The Vistria Group, Century Equity Partners and Flores & Associates Announce Strategic Partnership

Retrieved on: 
Thursday, September 29, 2022

CHICAGO, Sept. 29, 2022 /PRNewswire/ -- The Vistria Group announced an investment in Flores & Associates LLC (Flores or the "company"), a leading provider of benefit technology solutions and administrative services to employers throughout the United States. As part of the transaction, Century Equity Partners and The Vistria Group will each hold equal ownership in the Company and continue to back the current management team, led by Gary Trainor and Jody Oliver. This transaction represents the ninth investment from Vistria Fund IV, a $2.68 billion fund, and the second financial services investment this year, following The Vistria Group's investment in The Mather Group six months ago.

Key Points: 
  • "We are excited to work with Jody, Gary, Century and the rest of the Flores team.
  • "We look forward to working with The Vistria Group team while continuing our partnership with Century.
  • The Vistria Group's involvement along with continued support from Century Equity Partners will provide Flores with a capital structure from which to grow, both organically and through further M&A in the space.
  • Winston & Strawn LLP acted as legal counsel to The Vistria Group; Foley and Lardner LLP acted as legal counsel to Flores & Associates and Century Equity Partners.

Benefit Resource Selects First Dollar to Power Embedded Health Savings Account

Retrieved on: 
Tuesday, September 20, 2022

AUSTIN, Texas, Sept. 20, 2022 /PRNewswire/ -- First Dollar, the health wallet for modern benefit providers, today announced a new partnership with benefit administrator Benefit Resource (BRI) to power an embedded health savings account (HSA) inside of its member experience. BRI provides innovative and dedicated administration of consumer-directed benefit accounts and benefit continuation services nationwide to clients ranging from small businesses to Fortune 500 companies.

Key Points: 
  • AUSTIN, Texas, Sept. 20, 2022 /PRNewswire/ -- First Dollar, the health wallet for modern benefit providers, today announced a new partnership with benefit administrator Benefit Resource (BRI) to power an embedded health savings account (HSA) inside of its member experience.
  • BRI provides innovative and dedicated administration of consumer-directed benefit accounts and benefit continuation services nationwide to clients ranging from small businesses to Fortune 500 companies.
  • First Dollar is a modern embedded benefits platform that providers can use to increase their product offering easily.
  • First Dollar also powers the Health Wallet for modern health plans like Bright HealthCare and Sidecar Health.

Newport/PLANSPONSOR Executive Benefits Survey Reveals Latest Trends in the Nonqualified Deferred Compensation Market

Retrieved on: 
Friday, September 16, 2022

The biannual report represents the retirement industry's broadest and most comprehensive employer view of nonqualified deferred compensation (NQDC) plans, and tracks insights and trends from hundreds of the nation's leading firms.

Key Points: 
  • The biannual report represents the retirement industry's broadest and most comprehensive employer view of nonqualified deferred compensation (NQDC) plans, and tracks insights and trends from hundreds of the nation's leading firms.
  • The survey revealed a substantial increase in the number of nonqualified plans being implemented for small and mid-sized companies ($500 million of revenue) in order to stay competitive and ahead of the compensation and benefits curve.
  • Fifty-seven percent of employers are using compensation (base salary and total compensation) to determine eligibility, up from 37% in Newport's previous survey in 2020.
  • The value of the data is enhanced by Newport's in-depth analysis, observations, and annotations by its expert nonqualified plan consultants.

ProPhotonix Launches COBRA HyperSpec SWIR 2.0 LED Line Light

Retrieved on: 
Tuesday, September 13, 2022

SALEM, N.H., Sept. 13, 2022 /PRNewswire-PRWeb/ -- ProPhotonix Limited a designer and manufacturer of LED illumination systems and laser diode modules with operations in Ireland and the United Kingdom, today announces the release of its COBRA HyperSpec SWIR 2.0 line light. The new short-wave infrared hyperspectral line light offers a fuller and flatter spectrum with 11 wavelengths filling the band from 950nm to 1750nm and a peak-to-valley ratio of <1.5. The COBRA platform utilizes adjustable optics which guarantees best-in-class spectral uniformity, and coupled with a variety of diffuser options, the line light has the flexibility to be used across a wide variety of applications.

Key Points: 
  • SALEM, N.H., Sept. 13, 2022 /PRNewswire-PRWeb/ -- ProPhotonix Limited a designer and manufacturer of LED illumination systems and laser diode modules with operations in Ireland and the United Kingdom, today announces the release of its COBRA HyperSpec SWIR 2.0 line light.
  • The new SWIR hyperspectral line light is ideal for applications such as moisture analysis, foreign object, and contaminant detection in food.
  • The COBRA HyperSpec platform utilizes Chip-on-Board LED technology and with ProPhotonix's in-house Chip-on-Board LED capability, hyperspectral solutions can be configured from the chip up.
  • The COBRA HyperSpec SWIR 2.0 is the latest addition to the ProPhotonix COBRA HyperSpec product range.

Allsup Explains How New Federal Law Addresses Healthcare for Americans In Three Ways

Retrieved on: 
Monday, August 29, 2022

This will begin in 2026 with 10 drugs, increase to 15 drugs in 2027 and 2028, and 20 drugs in 2029.

Key Points: 
  • This will begin in 2026 with 10 drugs, increase to 15 drugs in 2027 and 2028, and 20 drugs in 2029.
  • Effective in 2023, copayments for covered insulin products in Medicare Part D will be limited to $35 per month.
  • This is just one provision of the law designed to help Medicare recipients with soaring pharmaceutical costs, said Bethany Cissell, Allsup Benefits Coordination account manager and healthcare benefits expert.
  • Our Allsup health benefits experts have a keen understanding of the varying costs and advantages of complex health insurance plans.