In The News

  • McGohan Brabender Opens Northern Kentucky Office

    McGohan Brabender is delighted to announce the opening of our fifth office located in Northern Kentucky! “Although we have a large footprint in the Tri-State region, we recognize that having a physical location in Northern Kentucky is critical to our continued growth in the region,” explains Managing Shareholder and Consultant in our Cincinnati office, Erick Schmidt. This office is located at 2400 Chamber Center Drive, Suite 213 in Ft. Mitchell. We have five MBers ready to greet you in this office! Give us a call at 859-308-6000. We look forward to establishing deep roots in the region and can’t wait to give back to the communities in which we serve!

  • McGohan Brabender Under New Ownership: Its Employees!

    MB Founder, Pat McGohan's dream is realized. Every employee now has the opportunity to be an owner. McGohan Brabender leadership has decided to put the obvious into action. MB Employees have always worked like owners, and now we are! MB is now working as an ESOP! Click below to read more.

  • Coronavirus Information

    Last Update: 3/8/2021 at 10:00 am | McGohan Brabender cares deeply about the safety of our workforce and employers we serve everyday. The outbreak of Coronavirus (COVID-19) heightens our concern. McGohan Brabender’s leadership takes this situation seriously as we safeguard our employees’ health and safety and partner with our clients to protect their interests. You can expect updates from McGohan Brabender on this webpage as well as on our social media channels. Feel free to reach out to your MB account team with any questions.

  • Compliance Update | January 2020 | McGohan Brabender

    DOWNLOAD PDF     PCORI FEE WILL CONTINUE   The Patient -Centered Outcomes Research Institute (PCORI) Fee was originally scheduled to have the last payment for 2019 payment effective on July 31, 2019.  With other ACA changes, the PCORI Fee will be reinstated for 2020-2029 fiscal years.   Read below with other ACA rulings.     CADILLAC TAX IS FINALLY REPEALED   Before going on holiday break, President Trump took his pen to the ACA papers,... Read More

  • Compliance Update | December 2019 | McGohan Brabender

    DOWNLOAD PDF   THEY ARE BACK— AND AGAIN, WITH A LITTLE MORE TIME The ACA reporting requirements, IRS Form 1094s and IRS Form 1095s, are back, but like the previous years, the IRS has extended the reporting deadline. The documents inform employees about their health coverage and report that coverage to the government. The individual mandate penalty, although not repealed, has basically been eliminated because the penalty for failing to have health coverage is now... Read More

  • Compliance Update | November 2019 | McGohan Brabender

    DOWNLOAD PDF   NOVEMBER 2019 COMPLIANCE UPDATE   HOLIDAY SEASON Keeping with such traditions as eggnog and mistletoe, the 2019-2020 edition of my book (The Welfare Benefits Guide) has just been released. WELFARE BENEFITS GUIDE TO HEALTH PLANS BY PAUL J. ROUTH What better way to spend the Holidays with family and friends than sitting around the fireplace reading my book?  Order your copy now to avoid the rush.  Also, the book makes a great... Read More

  • Compliance Update | October 2019 | McGohan Brabender

    DOWNLOAD PDF   SOCIAL SECURITY AND HSA CONTRIBUTIONS We are all getting older, and as we sign up for Social Security, you need to be aware of how that can impact your ability to make and receive HSA contributions. If you have Medicare, you are not eligible to make or receive HSA contributions. BEWARE:  COORDINATING HSA CONTRIBUTIONS WITH SOCIAL SECURITY BENEFITS If you sign up for Social Security benefits, you automatically are enrolled in Medicare.... Read More

  • Compliance Update | September 2019 | McGohan Brabender

    DOWNLOAD PDF   SEPTEMBER 2019 COMPLIANCE UPDATE MEDICARE PART D NOTICE – DISTRIBUTION RULES There is a lot of confusion regarding the Medicare Part D notice requirements to the employees.  There are a ton of articles saying the notice has to be distributed before October 15th.  However, that is not the case.  If the notice is distributed the same time each year (e.g. in the open enrollment materials) there is no need to do a... Read More

  • Compliance Update | August 2019 | McGohan Brabender

    DOWNLOAD PDF HSAs & HDHP MAY BECOME MORE ATTRACTIVE The IRS’ latest move may make HSAs even more attractive.  As you know by now, HSAs are individually owned accounts that can be used to pay various medical expenses.  To be HSA eligible, the employee must participate in a high deductible health plan (HDHP) and receive no disqualifying coverage. IRS GUIDANCE ON PREVENTIVE CARE FOR HSA PLANS IRS ALLEVIATES CHRONIC CONDITIONS FOR HDHP One of the... Read More

  • Compliance Update | July 2019 | McGohan Brabender

    DOWNLOAD PDF    JULY 2019 COMPLIANCE UPDATE   PCORI FEE DUE JULY 31st The PCORI fee is part of the Affordable Care Act to help fund patient-centered outcomes research that addresses a variety of high priority conditions and topics.  It is assessed against all health plans.  If you sponsor a fully insured health plan, the carrier reports and pays the fee.  However, if you sponsor a self-funded health plan, an HRA, then you must report... Read More