Below you'll find a list of all posts that have been categorized as “About Us”
In 2023, being a consultant implies that you are proficient in your field and are willing and able to guide and assist others in your area of expertise. Many people call themselves consultants but may lack the knowledge, experience or ability to assist and guide others in an efficient and effective manner. We take that term seriously. Being an actuarial …
An HRA is similar to an H.S.A. in that its purpose is to allow for tax-free reimbursement of health plan deductible and eligible health care expenses paid by the employee or individual covered under the plan; however, the HRA is very different in many other ways:
Waukesha County Fairgrounds KBC is only 10 Minutes from the city of Waukesha. Waukesha is home the Waukesha County Fair. This year the fair is taking place July 19-23, 2023. The fair grounds are located next to the Waukesha County Airport at the Waukesha Expo Grounds. Tickets are around $10 for Adults and there are admission bundles to save money. …
Health Savings Account Changes for 2024 Recently, the Internal Revenue Service released the 2024 health savings account (HSA) limits. Below is a comparison of the current limits and the new limits for 2024. 2023 2024 HSA Contribution Limits Self-Only: $ 3,850 Family: $ 7,750 Self-Only: $ 4,150 Family: $ 8,300 For those age 55 or older: HSA catch-up contributions …
When posting an Ad on a Social Media site or on the website/conference site we might be attending. It is important to find a theme. If it is a specific Holiday or if the conference is related to an event or style. Finding the right background is key. Wither the Ad is going to be bright or colorful or If …
The census data that KBC requests to prepare your valuation includes individually-identifiable information which is classified by HIPAA as protected health information (PHI). KBC takes the security of your information and PHI very seriously, and we stress the importance of uploading any documents that contain, or may contain, PHI to our secure website. At KBC, we use Citrix Sharefile which …
In today’s world things have changed quickly. The younger generations have turn to social media or computer sites to basically find their information. The information that is found on the sites will then allow the customer to help make a decision in what opportunities they want to pursue. KBC is trying to also keep up with the new ways of …
Christmas and Hanukkah are less than a month away! As we pick up food and decorations for the festivities, we are also thinking of the perfect gifts for friends and family. This year, in particular, we want to make the holidays special. For that reason, we need to pay close attention to the gifts purchased or made for children. Here …
Implicit rate subsidy is measured as the difference between an individual’s actual incurred costs for coverage (i.e., total incurred claims) and the premium rate charged to the individual for such coverage. In general, premium rates for a group plan are based on the total expected costs of all participants covered in the group. While, in most cases, each participant is …
Can’t prepare until information is known as of fiscal year end (roll-forward blog already that we can use/update? A common question we get from clients is when they can expect to receive their table updates for the year. As some background, “table updates” are tables provided to you in years when a full valuation is not prepared. Basically, the liabilities …
