Category Archives

2016 California Minimum Wage Increase

Although it is early in 2015, this is the perfect time to start planning for the 2016 increase in the California minimum wage. California increased its minimum wage in a two-step process. The first step was effective July 1, 2014 and raised the minimum wage to $9.00 in California. The minimum wage increase also increases the minimum salary for exempt status. Both of these factors can have large financial impacts for employers and the planning should begin now as the change takes effect on January 1, 2016.

IRS Reporting Requirements for Employers

In February 2015, the IRS provided guidance on the final version of forms employers are subject to in regards to the PPACA mandate.  The information will be used by the IRS to administer and individuals to show compliance with the individual shared responsibility provision. The following are important reporting obligations which are key in administering the ACA individual and employer requirement mandates.  Statements and employer reporting will be furnished to IRS and individuals in 2016, to report coverage information in calendar year 2015.

It’s That Time Again…

MMC’s Annual Open Enrollment for Global Plans!

Open Enrollment for MMC’s Global Medical (Blue Shield HMO, Blue Shield PPO, and Kaiser Permanente), Aetna Dental (Freedom of Choice PPO & DMO), Vision Service Plan (VSP), and Flexible Spending Accounts (Health, Dependent Care, Mass transit/parking) is going on from October 21th – November 21st 2014. We are happy to announce the plan coverage for all Global plan options will remain the same in 2015 with minimal premium increases.


Eight easy ways to show your customers you appreciate them.

We know you appreciate your customers’ business, but do your customers know how much you appreciate them? Here are some easy ways to show your customers a thank you for choosing your company over the rest.

retirement savings

Save Today for Tomorrow

Although, 401(k) retirement savings has had an increase in confidence in the past few years, 401(k) retirement savings participation, it is a continuous commitment.  On average, Americans will spend about 20 years in retirement; will these be golden years for you? We will discuss some reasons why having a 401(k) or IRA is important now and for the future you.

MMChr Small Business Blog

The Importance of Benefits Education


Health insurance is an important benefit that adds great value to any compensation package. Although employees are more likely to focus on more “exciting” benefits, like vacation time or amusement park discounts, health insurance is an actual necessity. Unfortunately, it is generally only thought about when someone is sick, has an accident, or becomes pregnant. Many employees don’t realize that there are rules to when you can start or end insurance, add dependents, or even utilize the services. Frequently, there is confusion about what is covered and how to calculate costs (both premiums and out-of-pocket).

MMChr Blog

Your Employee’s Benefit Allowance

Written by: Kristy Kwan, Benefits Administrator

Cost is always a major concern for employers at healthcare renewal time. How can you control costs while keeping up with the industry standards? There is a fine line between remaining competitive and offering too much; on the one hand you may lose employees to a competitor that offers something better, while on the other you risk wasting money on something that the employees take for granted.

MMChr blog

401 k – Plan Today to Save for Tomorrow

 MMC 401 k benefits- Plan today, save for tomorrow

As a valued MMC client your company has a great opportunity to establish a 401 k at a fraction of the cost than if your firm were to sponsor it alone. What is so unique about the MMC plan? The MMC 401 k is a multi-employer plan which allows MMC clients the ability to leverage over $25 million in collective assets.   This translates to tremendous volume discounts for all who are in the plan. In a retail 401 k plan you would be paying somewhere between $1500-2500 in set up costs. This is in addition to a $1500-$3000 annual base fee and $25-30 per head charge on an ongoing annual basis. The MMC plan because of its size is able to provide a premier 401 k plan with significant cost savings to all participating MMC clients. As a standard adopter of the plan, there is no set up charge and flat fee of $235 a year.

Health insurance Benefits mmchr

Time’s Up!

Deadlines… Everyone has them! There are certain dates by which we need to pay our bills, finish work assignments, complete a school project, or accomplish personal goals. Whether you face deadlines with dread or welcome them as a challenge, each of us have deadlines in our lives that must be met.  When it comes to making decisions about health insurance, meeting a deadline is not only advantageous, but it is ultimately necessary.  It is important to be aware of the deadlines concerning initial eligibility date, open enrollment, or a qualifying event.

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