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Your Connection to Strategy, Resources and Innovative Benefit SolutionsOur mission is to increase the value of business and improve the lives of employees by designing benefit programs and providing services in the most expert, ethical, and affordable way possible.We are unique in our industry. We are independent, not owned by a bank or national consulting firm. Additionally, our staff are salaried and not commission-based. This is done in order to encourage mutual sharing of talent for the benefit of our clients. Our full suite of services, combined with our experience and knowledgeable staff, allows us to provide the highest level of benefit consultation for your clients.
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News You Need to KnowIRS Releases Final Regulations on Comparative Effectiveness Research Fee to Fund PCORI: Guidance on Transitional Reinsurance Fee: On December 5, 2012, the Internal Revenue Service ("IRS") released final regulations regarding the payment of fees by insurers and plan sponsors of group health plans to fund the Patient-Centered Outcomes Research Institute (the "Institute" or "PCORI"). DMA Launches the ACA Pay or Play Estimator Tool: The ACA Pay or Play Estimator Tool is a strategic tool to aid in preparation of the changes that will take place in 2014 when the employer mandate from healthcare reform takes effect. The ACA Pay or Play Estimator can provide a detailed comparison of what the cost could be if a company decides to (or not to) provide benefits. It also projects the costs both to you AND your employees (looking at realistic projections) if your company elects to compensate employees for purchasing from state exchange. For more information or to access the tool, connect with a DMA representative. DMA Recognized as a Fit Friendly Workplace: We were recently recognized as a Recipient of the American Heart Association’s Fit-Friendly Worksites Recognition program. The Fit-Friendly Worksites Program is a catalyst for positive change. For more information on the Fit-Friendly Worksites initiative, or to find out what you can do to incorporate more physical activity into your work day, contact a DMA representative. Safe Harbor for Determining Full-Time Employee Status Requirements Released: New guidance has been issued on two requirements under the Patient Protection and Affordable Care Act (the "Act") that will become effective in 2014. Specifically, the Treasury Department and Internal Revenue Service recently released Notice 2012-58, which describes a safe harbor approach employers may use for purposes of determining whether an employee is "full-time" for purposes of the Act's "pay-or-play" mandate. All DMA clients received a Client Alert Legal eBlast about this guidance. For more information about this, or to discuss it further with your DMA representative, contact us. Congrats DMA: It was announced that David Martin Agency is a recipient of the 100 Best Companies to Work For award from Minnesota Business Magazine! You can read the full announcement here. This is another great honor to receive and reflective of the great work environment we come to each day! |
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Quick LinksHelpful LinksAbout DMAContact UseMail: Phone: 952.920.4516 888.889.9013 (toll free) © 2013 David Martin Agency, Inc. 6800 France Ave South, Suite 735 Edina, MN 55435
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