Welcome to CFA! For more than 30 years, Carolina First Associates, LLC has been providing insurance and employee benefits consulting services to the business community. Within our infrastructure, we have a Small Business Center which caters to individual life and health insurance needs. Built upon a tradition of integrity, industry leadership and excellence, we are committed to providing solutions in the areas of employee benefits, human resources, compliance, wellness strategies and employee education. CFA delivers professional services and technology-based solutions that allow us to work closely with our clients to create unique benefits strategies that appeal to employees and are sensitive to the bottom line.
Experience, unparalleled service and creativity are what define us. Our goal is to achieve a long-term relationship with our clients centered on the development of value based solutions and excellent service. We are committed to utilizing our collective talents to support the needs of your company. The needs of each client are specific, and require thoughtful strategic planning to develop tailored business solutions. Let CFA provide solutions for your company! Thanks for visiting our site!
HHS Delays Online Enrollment for FF-SHOP Exchanges
Beginning with the 2014 plan year, individuals and small employers will be able to purchase health insurance through online competitive marketplaces, or Exchanges. Each state’s Exchange includes a Small Business Health Options Program (SHOP) component that small employers can use to provide health insurance options for their employees.
The Department of Health and Human Services (HHS) is operating a federally-facilitated Exchange (FFE or FF-SHOP) in each state that does not establish its own Exchange.
On Nov. 27, 2013, HHS announced that online enrollment in the FF-SHOP Exchanges would not be available until November 2014. Employers that wish to enroll their employees in... click here for more
Health Reimbursement Arrangements (HRAs)—Changes for 2014
HRAs are employer-funded arrangements that reimburse employees for certain medical expenses on a tax-free basis, up to a maximum dollar amount for a coverage period. In general, the rules surrounding HRAs have been less strict than for other types of tax-advantaged medical savings accounts, providing employers with flexibility in designing their HRAs.
While some employers have paired their HRAs with coverage under a high deductible health plan (HDHP) or a non-HDHP, other employers have offered stand-alone HRAs (that is, HRAs not offered in connection with other group health plan coverage). Some employers have also questioned whether HRAs may be used to... click here for more
We establish multi-year strategies for clients through the development of cost effective, value based employee benefit plans, by incorporating integrated programs that are technology based and will result in maximizing levels of human resource efficiencies, incorporate programs for controlling healthcare costs, and yield a healthier more educated and engaged workforce.
How is this done? Click here to find out >>