Dec 11, 2019 | Announcements, Consumer-driven Health Plans, Flexible spending accounts (FSAs), IRS
Just a reminder that if your plan offers a health flexible spending account (FSA), plan members need to use their tax-free contributions by December 31, 2019 before the remaining funds are forfeited… unless your plan offers a grace period or allows members to...Nov 8, 2019 | Announcements, Consumer-driven Health Plans, Flexible spending accounts (FSAs), IRS, News
The Internal Revenue Service (IRS) has announced the annual inflation adjustment for flexible spending accounts (FSAs) for the 2020 tax year. As has been the case in previous years, contribution limits will see only modest increases or remain unchanged. The 2020...Oct 6, 2019 | Announcements, Compliance, Consumer-driven Health Plans, Flexible spending accounts (FSAs), Health Savings Accounts (HSAs), MedBen Access, MedBen WellLiving, Mobile App, News, Online Services, Prescription, Wellness
MedBen clients can now get detailed information about their health care coverage direct to their mobile device! Just search for “MedBen” in the iTunes or Google Play app store and download MedBen Access Mobile to your smartphone or tablet. When you log in, you’ll see...Jun 4, 2019 | Announcements, Consumer-driven Health Plans, Health Savings Accounts (HSAs), High-Deductible Health Plans (HDHPs), IRS, News
The IRS has announced its annual cost-of-living adjustments affecting health savings accounts (HSAs) for calendar year 2020. The annual limit on deductible contributions to an HSA will go up by $50 for individual coverage and $100 for families next year. HSA...Mar 7, 2019 | Affordable Care Act, Consumer-driven Health Plans, Flexible spending accounts (FSAs), Health reimbursement arrangements (HRAs)
A few reminders for MedBen clients who offer flexible spending accounts (FSAs) and/or health reimbursement arrangements (HRAs) to their plan members: For most FSA and HRA plans that have a January effective date, March 31, 2019 is the final day of the run-out period...