Large employers are required to offer full-time employees and dependents the opportunity to enroll in qualifying health coverage. Failure to offer coverage or even offering coverage that does not meet certain affordability and coverage standards, could result in large tax penalties being levied against your company.

Human Resources

Human Resources is a critical and complex piece of every business. Our experts can provide a broad range of services to either support your existing HR team or serve as your companies own HR department at a fraction of the cost.

Financial Planning

Parrott Financial serves as a link between your business and the multitude of investment and insurance options available. Through strong carrier relationships and exceptional customer care, we will create a custom financial plan tailored to your business’s unique needs and goals for overcoming economic challenges.

Your Partner in Tailored Benefit Solutions

Take Your Benefits to New Heights.

Latest News

NC Legislative Update

The 2021 NC long legislative session is slowly coming to an end with legislators trying to shore up some of the State’s biggest political priorities

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Employer Vaccine Mandate Update

What You Need to Know About the Vaccine Mandate: On September 9th, President Biden announced a six point multi-pronged Executive Order to increase the number

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ACA Updates for Employers

ACA Affordability: Percentage Decreased for 2022 The ACA considers the affordability of employer-sponsored health plans for the purposes of the shared responsibility rules and the

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Notice of Creditable Coverage

Employers who sponsor group health plans with prescription drug coverage are required to provide a Notice of Creditable Coverage to their employees each year. This

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ACA Updates for Individuals

On September 17, 2021, the Biden-Harris Administration and the Centers for Medicare & Medicaid Services (CMS) finalized a series of provisions that build on the

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