Corporate Coverage - Employee Benefits Specialists

Corporate Coverage - Employee Benefits Specialists We are an employee benefits agency dedicated to the design, communications, compliance and servicing

We are an employee benefits agency dedicated to the design, communications, compliance and servicing of employee benefit plans for employers located in the mid-Atlantic region.

TrumpRx is a new federal initiative aimed at changing how some prescription medications may be accessed and purchased, w...
06/02/2026

TrumpRx is a new federal initiative aimed at changing how some prescription medications may be accessed and purchased, with the goal of improving transparency and affordability for consumers.

While the program may create new options for certain individuals, employers and plan sponsors will want to understand how it could interact with existing pharmacy benefits, PBM strategies, employee communication, and overall prescription drug cost management.

As details continue to develop, now is a good time to ask questions and review what this could mean for your benefits plan. Reach out to your broker for guidance, clarification, or help understanding how TrumpRx may impact your organization and employees.

Does your health plan still qualify as an HDHP for 2026?The thresholds:Deductible: $1,700 self-only / $3,400 family mini...
05/29/2026

Does your health plan still qualify as an HDHP for 2026?The thresholds:

Deductible: $1,700 self-only / $3,400 family minimum
Out-of-pocket max: $8,500 self-only / $17,000 family
If your plan misses on either — or has an embedded deductible issue in family coverage — your employees could lose HSA eligibility without realizing it.A quick plan review now prevents a much bigger problem later.🔗 www.corporatecoverage.com

Your renewal isn't a quote. It's a negotiation.Before you sign for another year, ask three questions:Did my broker marke...
05/27/2026

Your renewal isn't a quote. It's a negotiation.

Before you sign for another year, ask three questions:

Did my broker market the plan — or just call the incumbent?
Are we paying for features our employees don't use?
What's the all-in cost, not just the headline rate?
The right answers can save your business real money. We can help.

🔗 www.corporatecoverage.com

Today we remember and honor the brave men and women who made the ultimate sacrifice in service to our country. On this M...
05/25/2026

Today we remember and honor the brave men and women who made the ultimate sacrifice in service to our country. On this Memorial Day, we pause in gratitude and reflect on their courage, service, and sacrifice. Wishing everyone a meaningful day surrounded by family and friends.

ACA penalty letters from the IRS rarely arrive at a convenient time. They also rarely arrive without warning signs the e...
05/22/2026

ACA penalty letters from the IRS rarely arrive at a convenient time. They also rarely arrive without warning signs the employer missed months — or years — earlier.

If you're an applicable large employer, five things consistently separate the businesses that stay penalty-free from the ones that don't:

✔ Knowing exactly who counts as full-time
✔ Confirming your coverage actually meets affordability standards
✔ Filing 1094-C and 1095-C forms accurately and on time
✔ Responding to IRS Letter 226-J the right way (and fast)
✔ Having a partner who's looking at this with you

Don't wait until a 226-J shows up to find out where the gaps are.
www.corporatecoverage.com

A small FSA carryover can disqualify an employee from HSA contributions for an entire year.Employees enrolled in a gener...
05/21/2026

A small FSA carryover can disqualify an employee from HSA contributions for an entire year.
Employees enrolled in a general-purpose health FSA or HRA — even as a dependent on a spouse's plan — cannot contribute to an HSA. And FSA grace periods or carryover features can quietly extend that disqualification well past the plan year.
If your workforce is transitioning from an FSA to an HSA, plan the handoff carefully. Even a $50 carryover can cancel HSA eligibility for the entire next year.

Need help mapping the transition? Let's talk before open enrollment.

Thanks to the One Big Beautiful Bill Act enacted in 2025, employers with HDHPs can now permanently offer first-dollar te...
05/14/2026

Thanks to the One Big Beautiful Bill Act enacted in 2025, employers with HDHPs can now permanently offer first-dollar telehealth coverage without disqualifying employees from HSA eligibility.

Translation: covering virtual visits before the deductible is no longer a temporary perk — it's a permanent design option you can build into your plan.

The upside is real: lower costs, better access to care, and a healthier, more productive workforce. If telehealth isn't already part of your HDHP design, now is the time to revisit it.

Want help evaluating the fit for your plan? We're here.

RxDC reporting season is closer than it looks.The employers who start preparing now are the ones who avoid scrambling, m...
05/13/2026

RxDC reporting season is closer than it looks.
The employers who start preparing now are the ones who avoid scrambling, missing data, and last-minute penalties. A little planning goes a long way — and we're here to help you do it right.
🔗 Learn more at www.corporatecoverage.com

Medicare and HSAs don't mix — and the timing can catch employees off guard.Once Medicare coverage begins, HSA contributi...
05/12/2026

Medicare and HSAs don't mix — and the timing can catch employees off guard.

Once Medicare coverage begins, HSA contributions must stop. Here's the part that surprises people: Medicare enrollment can be retroactive up to six months. That means contributions made during those retroactive months suddenly become excess — with tax consequences attached.

If you have employees nearing 65, give them a heads-up well in advance. A short conversation now can prevent a much harder one at tax time.

We can help you build this into your pre-retirement education process.

26 pay periods. 27 pay periods. One extra paycheck. How big a deal could it really be?Bigger than most employers realize...
05/08/2026

26 pay periods. 27 pay periods. One extra paycheck. How big a deal could it really be?

Bigger than most employers realize.
That 27th cycle in 2026 can quietly knock salaried employees below the FLSA-exempt threshold, throw off benefit deductions, and add up to 3.85% to your annual payroll spend if you don't plan for it. The good news: every one of those issues is solvable — if you catch them before payroll runs.

Read the handout here: https://content.zywave.com/file/d5b2ec3a-36bc-41fe-9734-592e5f1b9d4e

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