by admin | Dec 30, 2020 | Flexible Spending Accounts, Healthcare Reform, Insurance News
President Donald Trump signed a new stimulus bill into law on December 27, 2020 which will provide direct payments to eligible individuals and loans to small businesses, among other things. Among those other things are temporary and optional changes that... by admin | Mar 16, 2019 | Flexible Spending Accounts, Health Savings Accounts, Uncategorized
A screenshot of Amazon’s FSA/HSA storefront KEY POINTS Amazon will now accept consumers’ health savings and flexible savings accounts. That allows people to contribute a portion of their salary or wages, before taxes, to cover medical expenses that would... by Admin | Oct 31, 2013 | Flexible Spending Accounts, Insurance News
This afternoon, the IRS and U.S. Department of Treasury have issued a n-13-71 modifying the healthcare flexible spending account (FSA)’s “Use-it or Lose-it” rule. Effective immediately, employers that offer FSA programs that do not include a grace... by Admin | Dec 29, 2010 | Flexible Spending Accounts, Health Savings Accounts, Insurance News
The Internal Revenue Service issued new guidance allowing the continued use of flexible spending arrangement and health reimbursement arrangement debit cards for the purchase of prescribed over-the-counter medicines and drugs. A few weeks ago, the IRS announced tough... by Admin | Dec 15, 2008 | Flexible Spending Accounts, Insurance News, Uncategorized
On January 1, 2008, the IRS introduced new regulations for debit cards specifically used to reimburse eligible healthcare expenses for Flexible Spending Accounts (FSAs). The Internal Revenue Service mandated that Flexible Spending Account (FSA) debit cards may not be...