3 Things that Don’t Happen When You Enroll in a High Deductible Health Plan
I enrolled in a High Deductible Health Plan with a Health Savings Account (HSA) over 10 years ago. You know what? I am still here (and
Sharing Information & Opinions on Tax-Free Health & Commuter Benefits
I enrolled in a High Deductible Health Plan with a Health Savings Account (HSA) over 10 years ago. You know what? I am still here (and
When it comes to benefits planning, there are often no simple answers or quick fixes. There may have been a time when an insurance broker
Nearly 70 percent of employees said they had experienced rising healthcare costs over the past two years, according to the 2016 Workforce Benefit Report sponsored by
Case Studies and Best Practices Revealed for HSA Adoption Making the decision to implement an HSA is only the first step. Many companies fall short of
As you may be aware, Congress announced plans last Wednesday to “cut taxes” and “simplify the tax code”. Through this process to simplify the tax
When it comes time to evaluate which pre-tax benefit options to offer to your employees, there are many factors you need to consider. Obtaining the best
Employers are always seeking new ways to boost employee morale, job satisfaction and retention. A great new way to accomplish these three goals is by
The talk around Health Savings Accounts (HSAs) has been growing, as politicians and journalists continue to discuss this relatively new benefit offering. These news stories,
Almost eight years after the passage of the Affordable Care Act, Republicans put forth their plan to repeal and replace it in the form of
You enrolled in a Flexible Spending Account (FSA) and made your election for the year. A month into the plan year, you have an eligible
The fares for the Metropolitan Transportation Authority (MTA) of New York City are set to increase on March 19, 2017. Key Fare Changes to Understand Lower
Beginning February 1, commuters in Chicago can expect to see their Metra fares rise by an average of 5.8 percent. The increase marks the third
The 21st Century Cures Act was signed into law on December 13, 2016, establishing a “Qualified Small Employer Health Reimbursement Account” (QSEHRA). Under this law,
Now that the election is over, the question at the top of everyone’s mind is: ‘What’s going to happen to my pre-tax health accounts?’. While
2017 pre-tax limits announced by the IRS. Tax-free limits effective for plan years that begin on/or after January 1, 2017 include: Maximum annual limit for
As a third party administrator, we are in tune with the “transactions” that occur in the health care system. The basic concept in which (1)
Regulatory changes are coming that will likely affect HRA reimbursements for your participants. For HRA plan years beginning on or after January 1, 2017, expenses
The political cycle is in full swing (exciting I know). Tax deductions, tax liability, health care, tax code reform, and childcare are all buzz words
Last week I received a little alert “Review Your Identity: A match has been found to your monitored information”. A slight wave of panic sets in
It is here! June 28 brings us the widely celebrated and mysterious — National Insurance Awareness Day. With all “widely celebrated and mysterious” days of recognition, we
If you have employees that are using mass transit or paying for parking, you could be offering them an extra employee benefit that pays for
Buried among all of the communications you receive, you likely heard about the New York City (NYC) Transit Law which took effect January 1, 2016,
While the New York City Transit law took effect January 1, 2016, the Department of Consumer Affairs, who is responsible for the law, will not
If you had an HSA last year, you likely received IRS Form 5498-SA in recent weeks. If you are new to an HSA or maybe just
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