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 | Mar 15, 2018 | Uncategorized
Effective immediately, the 2018 Health Savings Account (HSA) annual contribution limit has been reduced to $6,850 for family coverage (employee plus one). The Internal Revenue Service (IRS) initially set the limit at $6,900. There is no change to the annual... by Admin | Jun 27, 2013 | Healthcare Reform, Insurance News, Uncategorized
The U.S. Supreme Court’s decision in U.S. vs. Windsor to strike down DOMA (the Defense of Marriage Act) frees employers from a number of financial and administrative burdens, but it raises other issues for employers on how to navigate the patchwork of state laws... by Admin | Feb 25, 2013 | Healthcare Reform, Illinois Health Insurance Laws, Insurance Laws, Insurance News, Obamacare, Uncategorized
Essential Health Benefits The U.S. Department of Health and Human Services (HHS) released the final regulations about essential health benefits (EHB) on February 20, 2013. The guidance defines the benefits that must be included with all fully insured plans sold inside... by Admin | Jun 7, 2010 | Insurance News, Uncategorized
On May 24, 2010, the Internal Revenue Service (IRS) issued inflation-adjusted limits for contributions to a health savings account (HSA) for calendar year 2011 (Revenue Procedure 2010-22). Under cost-of-living adjustment rules of Code section 223, the annual limits... by Admin | Mar 17, 2010 | Insurance News, Uncategorized
Despite the uncertainty surrounding health care reform, most U.S. employers say they are making investments that will improve the long-term health and productivity of their workforce, according to a new survey. Researchers at Hewitt Associates Inc., Lincolnshire, Ill....