Self Insured Plans Celebrates 20 Years in Naples with Gift to Florida Gulf Coast University

sipAs Florida Gulf Coast University prepares to celebrate 20 years since it opened its doors, Self Insured Plans is celebrating 20 years of serving the Naples business community. In honor of these two auspicious anniversaries, the business has made a $20,000 pledge to FGCU for its Master of Physician Assistant Studies program.

The program, which is now accepting applicants and will launch in the fall, will help fill the need for these in-demand health professionals. The gift from Self Insured Plans will ensure that students with the desire to pursue this career will have the means to do so.

Self Insured Plans is an independent third party administrator specializing in employee benefits administration. It is a family owned business led by Steve Rasnick, its president and founder, and his son, Brian, who serves as executive vice president.

The family has taken an active interest in FGCU, with Brian Rasnick serving as a member of the FGCU Foundation Board and as chairman of the Eagles Club Advisory Board. It is a rare basketball game at which you won’t see the whole family energetically rooting for the Eagles.

“All of us at Self Insured Plans are very proud to celebrate this milestone,” says Steve Rasnick. “We have much to be thankful for and enjoy being involved in and supporting the community we serve. This gift to FGCU is one way to demonstrate our appreciation and our support for the important role the university serves in training the skilled professionals our workforce needs.”

“We are also pleased to be celebrating our 20th anniversary at the same time as this great university to which we have become so attached.”

The Self Insured Restricted Scholarship will award $5,000 for each of the next four years to an FGCU student enrolled in the Master of Physician Assistant Studies Program.

“This program, operated in our College of Health Professions and Social Work, is extremely important, providing a pathway to a career in which demand is growing exponentially,” says Chris Simoneau, vice president for University Advancement. “Partnering with a well-respected company such as Self Insured Plans, which understands the dynamics of health care, is ideal. It’s especially meaningful as both the university and the company celebrate two decades in Southwest Florida.”

Demand for physician assistants is expected to grow by 30 percent from 2014 to 2024, according to the U.S. Department of Labor.

For details, contact Chris Simoneau at (239) 590-1067. To learn more about Self Insured Plans, visit selfinsuredplans.com today.

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2016 ACA Transitional Reinsurance Program Contributions Form Due by November 15

paperwork-1Employers sponsoring certain self-insured plans that use a third-party administrator in connection with claims processing, claims adjudication, and enrollment functions (“contributing entities”) must submit their 2016 Annual Enrollment and Contributions Submission Form and schedule a payment for the 2016 benefit year no later than November 15.

Reinsurance Contribution Process
To successfully complete the reinsurance contribution process, contributing entities (or third-party administrators or administrative services-only contractors on their behalf) must register on Pay.gov (or confirm a password if such entities registered for the previous benefit years of the program) and submit their annual enrollment counts of the number of covered lives of reinsurance contribution enrollees for the 2016 benefit year using the 2016 form.

2016 Contribution Amounts
The 2016 reinsurance contribution rate is $27.00 per covered life. For the 2016 benefit year, contributing entities have the option to pay:

  • The entire 2016 benefit year contribution in one payment, no later than January 17, 2017 reflecting $27.00 per covered life; or
  • In two separate payments for the 2016 benefit year, with the first remittance due by January 17, 2017 reflecting $21.60 per covered life, and the second remittance due by November 15, 2017 reflecting $5.40 per covered life.

Our Transitional Reinsurance Program section features additional information on the reinsurance contribution process.

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