by Admin | May 10, 2012 | Health Savings Accounts, Insurance News
The maximum contributions that can be made to health savings accounts in 2013 will rise slightly. The following data for 2013 was recently released by the IRS for Health Savings Accounts (HSAs): The maximum contribution that can be made to an HSA in 2013 is $3,250 for... by Admin | Jun 7, 2011 | Health Savings Accounts, Insurance News
The maximum contributions that can be made to health savings accounts in 2012 will rise slightly, the Internal Revenue Service said on May 16. Under IRS Revenue Procedure 2011-32, the maximum contribution that can be made to an HSA in 2012 is $3,100 for employees with... by Admin | Apr 7, 2011 | Health Savings Accounts, Insurance News
If you were covered by a high deductible health insurance plan in 2010, you have until April 18, 2011, to make a tax-deductible contribution to an HSA. This account gives you a triple tax benefit: you deduct the contributions (whether or not you itemize other... 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 | Nov 15, 2010 | Health Savings Accounts, Healthcare Reform, Insurance News
Due to the enactment of the National Health Law (PPACA – Patient Protections and Affordable Care Act) beginning January 1, 2011 the following changes will affect Health Savings Accounts: The Excise Tax on ineligible HSA reimbursements increases from 10% to 20%.... by Admin | Jun 16, 2009 | Blue Cross Blue Shield of Illinois, Health Savings Accounts, Insurance News
New BlueEdgeSM HSA plan options for 2-150 groups are being introduced July 1, 2009. These additional plan designs offer $3,500 aggregate and embedded deductible options with either 100%/80% or 80%/60% coinsurance options, or a $5,000 aggregate or embedded deductible...