Nov 10, 2021 | Consumer-driven Health Plans, Flexible spending accounts (FSAs), Health reimbursement arrangements (HRAs), IRS
The IRS has announced 2022 cost-of-living adjustments for certain tax provisions related to consumer-driven plans: The limit on voluntary employee salary reduction contributions to a health flexible spending account (FSA) increases $100 from 2021 to $2,850. The...
Sep 3, 2021 | Announcements, Consumer-driven Health Plans, Flexible spending accounts (FSAs), FSA Store, MedBen Access, Mobile App
FSA Store wants to help your employees take your health further this open enrollment season with a chance to win a Peloton® Bike+, Peloton® Bike Works Accessories, and a free, 1-year Peloton® subscription! To enter The Race to Good Health Sweepstakes, just visit the...
Jul 26, 2021 | Consumer-driven Health Plans, Flexible spending accounts (FSAs), FSA Store
Offering a flexible spending account (FSA) to your plan members is one of the most effective and simplest ways to decrease health care costs. Because every FSA payment is made with tax-free dollars, the savings are built right in. There are a variety of ways to use...
Jun 11, 2021 | Consumer-driven Health Plans, Flexible spending accounts (FSAs), FSA Store, MedBen Access, Mobile App
As we’re nearly halfway through the year, this is a good time to check your FSA balance… and as it happens, it’s also an ideal time to stock up on summer wellness essentials. The FSA Store makes it easy to shop for qualified sun care products,...
Jan 8, 2021 | Consumer-driven Health Plans, Flexible spending accounts (FSAs), FSA Store
FSA users who just replenished their funds now have a convenient way to shop for FSA-eligible products. FSA Store offers 4,000 health items that don’t require substantiation when using a MedBen FSA debit card. In addition to first aid, personal health items and...
Dec 28, 2020 | Consumer-driven Health Plans, COVID-19, Dependent care assistance plan (DCAP), Flexible spending accounts (FSAs), IRS, Regulatory
The Consolidated Appropriations Act of 2021 (also called the COVID-19 relief bill) includes temporary provisions that allow employers to provide for a carryover of unused health flexible spending arrangements (FSA) and dependent care assistance flexible spending...