May 14, 2021 | Health Savings Accounts (HSAs), High-Deductible Health Plans (HDHPs), IRS, News
The IRS recently announced its annual cost-of-living adjustments affecting health savings accounts (HSAs) for calendar year 2022. HSA Contribution Limits – The annual HSA contribution limit for individuals with self-only high-deductible health plan (HDHP) coverage...Sep 3, 2020 | Announcements, Compliance, Health Savings Accounts (HSAs), High-Deductible Health Plans (HDHPs), IRS
MedBen Compliance has updated its High Deductible Health Plan (HDHP)/Health Savings Account (HSA) summary to include 2021 IRS guidelines. In 2021, the HDHP minimum required deductible will remain at $1,400 for self-only coverage ($2,800 for family coverage), while the...Apr 5, 2020 | Announcements, Caroline Fraker, Compliance, Consumer-driven Health Plans, Coronavirus, COVID-19, Dependent care assistance plan (DCAP), Family and Medical Leave Act (FMLA), Flexible spending accounts (FSAs), Health reimbursement arrangements (HRAs), Health Savings Accounts (HSAs), High-Deductible Health Plans (HDHPs), Kentucky, News, Ohio, Over-the-counter (OTC) drugs, Prescription, Regulatory, Telemedicine
The COVID-19 pandemic has resulted in a rush of new federal and state laws to address the need for testing and treatment of the coronavirus, in addition to resulting issues from work and child care changes. Many of these rules directly affect MedBen clients, so it’s...Jul 19, 2019 | Announcements, Health Savings Accounts (HSAs), High-Deductible Health Plans (HDHPs), IRS, News, Preventive Care
In response to President Trump’s Executive Order 13877, “Improving Price and Quality Transparency in American Healthcare to Put Patients First,” the Treasury Department and the IRS were directed to consider ways to expand the use and flexibility of Health Savings...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...