We have established a COVID-19 resources page with links to articles, FAQs, as well as any forms or documents related to the the pandemic. Find information here.
Today, making the most of healthcare benefits means moving beyond traditional insurance plans. At SBA, we are experts in the alphabet soup of HSAs, FSAs, HRAs, POPs and COBRA. We integrate and manage these federally-regulated benefit plans to help employers and participants save time, effort and above all, money.
The COVID-19 winds of change: Impacts on FSAs
The IRS has addressed some of the burning questions about what to do with FSA funds in light of the closures due to COVID-19. Here are the options and requirements for employers.
For Whom the COBRA Deadlines Toll
On April 28th deadlines were “tolled” for special enrollment periods, COBRA elections and payments, employer notices, and claim payments. This has opened a pandora’s box. Deadline relief is being implemented retroactively to 3/1/2020. There’s no definitive end to the new deadlines. What could possibly go wrong? Our guest blogger, Sandy Wood, outlines the issues.
2021 HSA Contribution Limits Announced by the IRS
The IRS has announced HSA contribution and HDHP minimum deductible limits for 2021.