New year, some new and some old rules to comply with!

1095 REPORTING:

DUE 3/2/23: Applies to Applicable Large Employers (ALEs) with 50 or more full-time equivalent employees AND for groups of any size with self-funded medical (yes, this includes level funding). Don’t wait as it gets more expensive to file the closer you get to the deadline.

CMS ANNUAL FILING REGARDING CREDITABLE COVERAGE:

DUE WITHIN 60 DAYS OF THE BEGINNING OF YOUR PLAN YEAR: Applies to all groups with plans that include prescription drug coverage. Please reach out if you need assistance.

COMPENSATION DISCLOSURE:

As of 1/1/23 part of the Consolidated Appropriations Act, employers are responsible for gathering compensation paid to benefit providers, including brokers at renewal. This is not required if the total compensation received is less than $1,000 annually. If you have not received your Disclosure Form yet, they will be distributed the week of 1/30/23.

PCORI FILING & FEES:

DUE 7/31/23 - For plan years ended on or after 10/1/22 and before 10/1/23, the annual fee is $3.00 per person covered by the plan. All self-funded medical plans, including Health Reimbursement Accounts (HRA) must file via IRS form 720 with their second quarter filing.

SECURE ACT 2.0:

Recently passed which includes a provision for establishing employer sponsored emergency savings accounts for employees.

Lunch & Learns are Back!

OCI will be hosting our Small Business Summit 2023 in March where we will join with other trusted professionals to address common questions and challenges faced by employers with fewer than 100 employees. Topics will include, alternative benefit options, payroll or PEO, the Secure Act 2.0 ramifications, wage transparency rules, and more.

Stay tuned for your invitation and more details.

HOW THE OCI TEAM MEMBERS TAKE CARE

RUNNING!

"I run several times a week for my mental and physical health. Running not only helps me burn off those extra calories I gain from late night snacking, but also helps me greatly with stress relief. Even if you are just going on a walk, getting out and moving your legs helps both your body and mind."

- Nick Giacolone, OCI

FRESH FOOD!

“I don’t enjoy eating on the go. I keep it simple and focus on shopping the border of grocery stores for whole foods. In keeping it fresh, I recommend an indoor self-watering countertop garden for effortless herbs year-round. Your basil, chives, cilantro, and parsley will last months, not days. Overall, the fun part for me is creating new recipes. It’s a habit, a lifestyle, and a rewarding time commitment.”

- Misty Coulson, OCI

RECIPE FOR SUCCESS

Mediterranean Chickpea & Egg Salad Jars

Prep Time 20 Minutes | Servings: 4 Salads

INGREDIENTS

1/4 cup oil packed sun-dried tomatoes, chopped + 1/3 cup oil reserved
2 tablespoons red wine vinegar
2 teaspoons honey
2 lemons
1 tablespoon chopped fresh dill
1 tablespoon chopped fresh basil
kosher salt and pepper
1 pinch crushed red pepper flakes
2 cans (14 ounces) chickpeas, drained
1/2 cup marinated artichoke hearts
2 carrots, shredded
1 1/2-2 cups cooked quinoa
2 cucumbers, sliced or chopped
1/2 cup crumbled feta cheese
1/3 cup toasted sunflower or pumpkin seeds
4-6 hard boiled eggs
4 cups fresh arugula
1 avocado, sliced

INSTRUCTIONS

In a medium bowl, combine the 1/3 cup of olive oil from the sun-dried tomato jar, the chopped sun-dried tomatoes, red wine vinegar, honey, juice from 1 lemon, dill, basil, red pepper flakes, and a pinch each of salt and pepper. Add the chickpeas and toss to coat.
Using four (16 ounce) glass jars, to the bottom of each jar, evenly layer the artichokes, carrots, and quinoa. Spoon the chickpeas and any vinaigrette left in the bowl over the quinoa. Layer on the cucumbers, feta cheese, and seeds. Add an egg to each jar. Seal the jars and keep in the fridge for up to 2-3 days.
To serve, pour the contents of the jar out into a bowl. Add the arugula, avocado and squeeze the remaining lemon juice over top. Season with salt, if desired. Enjoy!

(Recipe source HalfBakedHarvest.com)

NANCY GIACOLONE

WISHING YOU MUCH SUCCESS IN THE NEW YEAR!

Reach out through the calendar link below to schedule time to talk.

CALENDAR LINK