Under a cafeteria plan, elections must be made before the first day of the plan year or the date taxable benefits would currently be available. (read more)

Here at LMC, we have a relationship with a highly respected 3rd party actuarial firm that assists our clients with a wide variety of actuarial services. Of particular interest during this volatile time in health care, their PPACA Employer Impact Report is distinctive from other models you may have seen or heard of in the marketplace. Using their proprietary cost and utilization model with the applicable State Insurance Exchanges and the employer's eligible census information, their analysis provides:  timeline, 10-year cost projection, exchange migration, plan termination scenarios, and plan relativities with state exchanges. Contact your LMC account executive for additional information.