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Habitat For Humanity

Tuesday, 23 September 2014 10:10 Published in benefits blog

Thank you to DiCicco Gulman & Company for participating with Axial in our second Annual Habitat for Humanity build Day .


On September 16th, 19 members of both firms assisted the Merrimack Valley chapter of Habitat for the day of building, sheet rocking, site work and any other job the folks at Habitat needed.  It was our second visit to the same site in Lawrence. The site at 100 Parker St is a large renovation project where Habitat is converting the 3 story brick structure built in 1908 as a convent at St Patrick’s church into 10 affordable condominiums.  Since we had been there before we found that it was fun to check in on the progress of the construction as well as hear about all the unforeseen issues that had come up in the past year for the Habitat team for such a large scale Historic renovation.


We were proud to help and support the efforts of Habitat for Humanity and applaud their efforts in the greater Merrimack Valley.



Looking forward to our next “build day”.

Burlington, MA – September 12, 2014 — Stephanie Gallegos, of Axial Benefits Group, has been selected as one of the nation’s top 200 elite 401(k) plan advisors in the United States*.  Stephanie will meet in Washington, D.C. to listen to and brief top Congressional leaders about the future of the retirement savings industry and how proposed laws and regulations will affect American workers’ retirement security.

The Affordable Care Act (ACA) created new reporting requirements under Internal Revenue Code (Code) Sections 6055 and 6056. Under these new reporting rules, certain employers must provide information to the IRS about the health plan coverage they offer (or do not offer) to their employees.


On Aug. 28, 2014, the Internal Revenue Service (IRS) released draft instructions for the forms that employers will use to report under Code Sections 6055 and 6056.

Countdown to the ACA: The Local Impact Of The National Healthcare Reform


Thursday, October 23rd, 2014

Join us for a panel discussion with senior leadership from some of Massachusetts top insurance carriers with topics surrounding ACA and the ever-changing insurance industry. Our special guest speakers will include senior leadership from local insurance carriers, as well as our stoploss captive, Roundstone. We hope you'll mark your calendar and plan to join us for this special event.

Our panel of speakers includes:


Lawrence Croes

Vice President of Sales, Blue Cross Blue Shield of Massachusetts

As Vice President of Sales, Larry manages Large Group, Middle Market, Small Group, Municipal Markets, and Retail accounts for BCBSMA, which represents more than 1.8 million commercial and senior members. His business unit was formed in 2011 to support changes brought about by National Healthcare Reform, as well as Massachusetts’ own landmark healthcare reform legislation. Given the unique challenges of this market, his team focuses on anticipating customer needs and supporting their benefit strategy through product design, National Healthcare Reform compliance and exceptional service delivery for both the employer and its employees.


William J. Graham

Senior VP of Policy and Government Affairs, Harvard Pilgrim Health Care

Bill leads Harvard Pilgrim’s public, government and media affairs agenda, its participation in government programs, including Medicare Advantage, and its strategic response to and implementation of state and federal health reforms. He currently serves on the board of the Massachusetts Association of Health Plans where he worked as staff counsel prior to joining Harvard Pilgrim in 1998.


David T. Przesiek

Senior Vice President of Sales and Marketing, Fallon Health

As Fallon Community Health Plan’s Senior Vice President of Sales and Marketing, David Przesiek is responsible for new business, retention sales, market research, business and product development, and marketing communications, as well as UltraBenefits, Inc., FCHP’s third-party administrator. Przesiek, who has an accomplished background in benefits administration, joined FCHP in 2010 as Vice President of Self-Funded Administration.


Michael A. Schroeder

Founder & President, Roundstone Insurance

Michael Schroeder is President of the Roundstone organization. Mike offers twenty years of insurance industry management experience with responsibilities in the captive market, self insurance pools, trusts, publicly held insurance companies, and the regulatory environment. Prior to joining Roundstone, Mike served as Vice President and General Counsel during the transition of a closely held mono-line insurer to a NASDAQ listed fifty state AM Best A rated insurance holding company. In support of this growth, Mike developed numerous alternative risk structures, including group captives, single parent captives and purchasing groups.


Dean Bushey

Director of Sales, Tufts Health Plan

Dean has been with Tufts Health Plan for more than 16 years working in both sales and sales management. In his current role, he is responsible for directing a sales team focused on membership growth utilizing the full suite of Tufts Health Plan products in Massachusetts and Rhode Island.

Dean worked for Tufts Health Plan for seven years before joining a software start-up venture located in New Hampshire. From there he joined McKesson Health Solutions to sell their decision support software to major hospital systems and managed care organizations on the West Coast. Since returning to Tufts Health Plan, Dean has spent the last nine years focused entirely on membership growth with a team of five sales professionals throughout Massachusetts and Rhode Island.

Dean received his MBA from Northeastern University and a BSBA from Suffolk University.


  • 8:00am – Breakfast Buffet & Registration
  • 9:00am – Presentations
  • 11:15 am – Conclusion


Newton Marriott
2345 Commonwealth Ave
Newton, MA 02466

Register Now!

How do you manage what's typically the second- or third-most costly line item expense for smaller businesses today—if you can't measure those items?

Smaller employers' inability to obtain useful, readily available data has allowed premiums to go uncontested far too long. Premiums have risen 131 percent during the past 10 years. In contrast, wages have grown 38 percent, and inflation is up 28 percent, according to the Kaiser Family Foundation.

What's surprising is that most health insurance brokers have not suggested self-funding to clients as a way to gain transparency. This simple solution can help smaller businesses better manage medical costs.

Benefits include identifying overcharging and less expensive treatments that can help lower total medical benefit costs. Bottom line: It places smaller businesses in the driver's seat.

Burlington,MA(August 5, 2014)Axial Benefits Group,anemployee benefits broker in Burlington,MA, todayannouncesthatitsDirector,Stephanie Gallegos,hasbeennamed to the NAPA “Top 50 Plan Advisors Under 40” List for 2014. The list is published in the summer 2014 issue of NAPA Net Magazine and featured online.

The Affordable Care Act (ACA) requires most individuals to obtain acceptable health insurance coverage for themselves and their family members or pay a penalty. This rule, which took effect in 2014, is often referred to as the individual mandate. The penalty amount that an individual will have to pay is capped at the annual national average bronze plan premium.

On July 25, 2014, the Internal Revenue Service (IRS) released Revenue Procedure 2014-46 (Rev. Proc. 2014-46), which provides the 2014 monthly national average premium for bronze level plans. 

Starting in 2015, the Affordable Care Act (ACA) requires applicable large employers to offer affordable, minimum value health coverage to their full-time employees (and dependents) or pay a penalty. The employer penalty rules are also known as the employer mandate or the “pay or play” rules.

Also, effective for 2014, affordability of health coverage is used to determine whether an individual is:

·      Eligible for a premium tax credit for a health plan purchased through an Exchange; and


·      Exempt from the penalty for not having minimum essential coverage.

The Affordable Care Act (ACA) created new reporting requirements under Internal Revenue Code (Code) Sections 6055 and 6056. Under these new reporting rules, certain employers must provide information to the IRS about the health plan coverage they offer (or do not offer) to their employees.

On July 24, 2014, the Internal Revenue Service (IRS) released draft versions of the following forms that employers will use to report under Sections 6055 and 6056:

1. Form 1094-B: Transmittal of Health Coverage Information Returns;

2. Form 1095-B: Health Coverage;

3. Form 1094-C: Transmittal of Employer-Provided Health Insurance Offer and Coverage Information Return; and

4. Form 1095-C: Employer-Provided Health Insurance Offer and Coverage.

On July 22, 2014, the D.C. Circuit Court struck down the availability of health insurance subsidies in states with federal Exchanges, while the 4th Circuit Court upheld their availability in all states, including those with federal Exchanges.


Several lawsuits have been filed by individuals and employers to challenge the ability of the federal government to provide tax credits under the Affordable Care Act (ACA) to individuals in states that did not establish their own Exchanges (that is, in states with federally-facilitated exchanges, or FFEs). These lawsuits were filed in response to an Internal Revenue Service (IRS) rule that authorizes subsidies in all states, including those with FFEs.

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