Day: March 20, 2019
Innovative Welcomes Andrew May as Financial Services Associate
We are excited to announce our newest member of the Innovative team, Andrew May. Andrew joins the firm as a Financial Services Associate. In this role, Andrew will work with the Retirement Consulting Division and be responsible for servicing the firm’s qualified plan clients. His duties will also include participant...
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February 2019 Compliance Recap
February was a quiet month in the employee benefits world. The Internal Revenue Service (IRS) released an information letter addressing when an employer may seek recoupment of contributions made to an employee’s HSA. A U.S. District Court held that the State of Maryland could not ask for a declaration that...
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Action-Based Wellness-How it Can Reduce Claims Cost 10-25%
See how Innovative helped one client save significant claims dollars over a three year period by implementing a “results-based” wellness program. During the three year period, Innovative was able to help our client: Obtain 96% of employees to participate in Biometric Screenings Implement a proactive outreach incentive program 60% of employees to improve or remain low...
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