Fighting higher premiums takes creativity. By combining a HDHP with and HRA/HSA combo an employer can save on healthcare premiums while lowering an employee’s out-of-pocket burden. Brilliant!
What’s the Over/Under on Health FSAs and COBRA?
What are the odds an FSA participant is eligible for COBRA? It’s more complicated than you might think.
Employer-Paid Medicare Premiums. Can an ICHRA Save the Day?
As more and more employees become Medicare eligible and employers look for ways to reduce healthcare costs, is reimbursing for Medicare premiums through an ICHRA an avenue to pursue?
Querying the Carriers on COBRA Compliance
Last month we told you about changes to COBRA deadlines due to COVID-19. Now we’re sharing how the carriers plan to handle the new moving deadlines.
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.
UPDATE: Question(s) Of The Month – Can I Change My Contributions Due To Impacts From The Coronavirus Outbreak?
With all the closures due to COVID-19, we are getting inundated with questions about changing FSA, HSA & DCAP elections. Here’s what you can and can’t change mid-year.
New Law Makes Thousands Of Healthcare Products Eligible For FSA/HSA/HRA Reimbursement
Effective 1/1/2020, over-the-counter medications will no longer require a prescription to be eligible for reimbursement.
COVID-19 Pandemic: the impact on Alphabet Soup programs
These are uncertain times, and we may not know all the answers, but here is what we do know about how the Coronavirus outbreak is impacting all the alphabet soup programs.