Medcom Blog

Earth Charter Introductory Course

Earth Charter Introductory Course

Earth Charter International is offering a brand-new class accessible to everyone, called the Earth Charter Introductory Course. If you are unfamiliar with Earth Charter and wonder what it is, let us walk you through some main features!

Earth Charter is several moving parts. First is the Earth Charter document, a set of four pillars broken down into 16 principles that define and represent a framework to make the world a better place. Any person or company that signs the Charter agrees to do their best to emulate and promote the Earth Charter values. The four pillars are: Respect...

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5500 Season is Drawing to a Close

5500 Season is Drawing to a Close

Did you know that Form 5500 is a basic requirement under ERISA laws?

Do you know what a Form 5500 actually is, or ERISA for that matter?  No, well, you are certainly not alone. So let's take a moment to review.

ERISA

According to the U.S. Department of Labor, ERISA, or the Employment Retirement Income Security Act of 1974, "is a federal law that sets minimum standards for most voluntarily established retirement and health plans in private industry." ERISA laws were established to provide protection for the individuals who are covered by the plans.<...

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Earth Charter Celebrates 20 Years!

Earth Charter Celebrates 20 Years!

HAPPY 20 Years to Earth Charter International!

June 29, 2020, will mark a very important date in ECI history. 20 years ago the Earth Charter was formally launched in a special ceremony held at The Peace Palace in The Hague, the Netherlands after years of planning, development, consultations, and brain-work.  

To celebrate, Earth Charter, in collaboration with numerous partner organizations, presents a series of webinars: EC+20 Turning Conscience into Action for a Thriving Earth. The event provides a communal space for presenters and participants alike to consider the relevance of the Earth Charter to our modern society and in...

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New PCORI Fees Announced

New PCORI Fees Announced

The IRS recently provided notice 2020-44 announcing the new PCORI fees for plan years from October 2019 through October 2020. The new fee is an increase of $0.09, from $2.45 to $2.54. While this amount is important to know, it is essential to understand what PCORI fees are and how they affect your ACA Employer Reporting.

PCORI Basics

PCORI stands for Patient-Centered Outcomes Research Institute. The Patient-Centered Outcomes Research Trust Fund fee is a tax on issuers of specified health insurance policies and plan sponsors of applicable self-insured health plans. It assists in funding the institute. Imposed by §§ 4375 and 4376 of...

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