News – Universal Plan Administrators

FSA Carryover rules have changed. “Use it or lose it” can be a road block to participation. With up the $500 being allowed as carryover from one plan year to the next, this can can be an attractive option. A simple Plan amendment is all that’s needed. Ask us for more information.

Our Commitment is Universal: A 360° Management Principal. Dear Customer, We are positioned to provide employers with the most comprehensive set of employee benefit solutions available and assure they are managed, secure and compliant. The resulting product portfolio will include solutions for: Flexible Benefits, Health Reimbursement Arrangements Medical Expense Reimbursement Plans Health Savings Accounts COBRA Our goal […]

High cost of skipping your Meds

January 18, 2012 Kimberly Taylor

A new story via Associated Press explainsÂ that not taking medicines as prescribed can have huge costs both for patients and the U.S. healthcare system. Here are some of the statistics: 75% of Americans don’t always take medication as directed. “Non adherence”, as they refer to it, is a factor in 1/3 of all hospital visits. […]

What is Captive Insurance?

November 22, 2011 Kimberly Taylor

A captive insurance company is a controlled subsidiary that funds risks of the corporate group, e.g., workers compensation, third party liabilities, employee benefits, property, product recall, extended warranty and many other lines of business. A captive insurance company may be organized in one of the 30+ states (and D.C.) that have enacted favorable laws, as […]