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Monthly Archives: May 2014

  • Form 5500 Filing Requirements

    Posted on May 15, 2014

    Below is the link to the May 13, 2014 UBA Employer Webinar Series: “Form 5500 Filing Requirements”


    Most employee benefit plans are required to file a Form 5500 annually, and penalties for not meeting this obligation can be costly. During this webinar the following items will be discussed:

    • Which plans must file the Form 5500, and which plans are exempt because of size, plan sponsor, or funding status
    • Rules and options for combining plan benefits into one or several filings
    • Filing due dates and extensions
    • The basics of completing the main form and the schedules group plans commonly need
    • Filing electronically
    • Penalties and the delinquent filer program
    • Areas of DOL and IRS emphasis in examining the Form 5500
    • Areas of the Form 5500 that increase audit exposure/strategies to reduce risk
    • Frequent errors in preparation of the Form 5500



    Randal M. Limbeck, Shareholder – Jackson Lewis P.C.

    Randal M. Limbeck is a Shareholder in the Omaha office of Jackson Lewis P.C. He specializes in representation of clients in the areas of ERISA, employee benefits, and executive compensation. Mr. Limbeck has represented clients in a broad range of industries and size, with respect to design, document drafting, employee communications, litigation, and assistance in dealings with the IRS and Department of Labor.

    B. Tyler Philippi, Associate – Jackson Lewis P.C.

    B. Tyler Philippi is an Associate in the Omaha office of Jackson Lewis P.C. Mr. Philippi represents clients encountering a variety of issues related to employee benefit plans including Internal Revenue Service and United State Department of Labor corrections, plan design and administration, and reporting and disclosure compliance.

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    Please feel free to watch/listen to this whenever it is convenient for you and your staff. It will be available for you to view for the next 11 months. Your name and email are required for registration. There is no cost however this webinar has been approved for one credit hour toward PHR, SPHR and GPHR recertification through the HR Certification Institute. Once you have viewed the webinar, the last page will provide details on receiving the credit hour.

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  • Tips from Paula – The Importance of Updating ID Card Information

    Posted on May 2, 2014

    When we go to a physician’s office, one of the first things we are asked for is a copy of our health insurance ID card. The receptionist will usually make a copy, and file and/or scan that into our medical records. For that provider, our records are stored for future use, unless there is a change in policy.

    But what many of us do not realize is that our ID card information is not often forwarded to other providers if further care and referrals are necessary.

    For example, a patient may go to a specialist’s office for knee pain. The specialist often will refer the patient for an x-ray. We often assume that our ID card information “follows us” to that radiology office, but that is often not the case. In addition, there is also a separate physician who is reading the x-ray, and again, the ID card information may not be forwarded to them either.

    A month or two later, the patient will receive a bill for the x-ray and the reading of the x-ray (sometimes two different entities).   Some offices will print on the bill, “Please call us to provide insurance information”. Others do not print that, and many patients assume this balance reflects the insurance company’s payment. They then pay the bill, when in actuality, they may owe far less if this is submitted to their insurance carrier first.

    Therefore, we highly recommended that patients review their x-ray and lab bills thoroughly before submitting payment. Be sure that the bill reflects the carrier’s adjustment. If you do not see an adjustment, call the number on the bill and be sure to provide updated ID card information, and ask them to resubmit to your carrier ASAP.

    For further assistance after these steps have been followed, Employee Advocate Paula Green may be reached at:, or by calling 207-523-0065.

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