Aug 6, 2024 | Benchmarks, Dental, Employee benefits, Flexible spending accounts (FSAs), Health Benefits, Health Savings Accounts (HSAs), Self-funding, SHRM, Survey, Telehealth, Telemedicine, Vision
Employers continue to rank health care highest in importance of employee benefits, according to the 2024 SHRM Employee Benefits Survey. As shown in the graph below, 88% of respondents said they consider health care-related benefits to be “extremely important” or “very...
Jun 4, 2024 | Announcements, Consumer-driven Health Plans, FSA Store, Health Savings Accounts (HSAs), HSA Store, News
The IRS has announced its health savings account (HSA) contribution limits for 2025. The annual cost-of-living adjustments include a 3.6% increase in individual HSA contributions. This stands in sharp contrast to 2024, which saw a change of nearly 8% – the biggest...
Sep 28, 2023 | Announcements, Compliance, Consumer-driven Health Plans, Health Savings Accounts (HSAs), High-Deductible Health Plans (HDHPs), IRS, Regulatory
The MedBen Compliance team has updated its High Deductible Health Plan (HDHP)/Health Savings Account (HSA) summary to include 2024 IRS guidelines. In 2024, the HDHP minimum required deductible is $1,600 for self-only coverage ($3,200 for family coverage), while the...
May 25, 2023 | Announcements, Consumer-driven Health Plans, FSA Store, Health Savings Accounts (HSAs), High-Deductible Health Plans (HDHPs), HSA Store, IRS
The IRS has announced its health savings account (HSA) contribution limits for 2024. The annual cost-of-living adjustments include a 7.8% increase in individual HSA contributions – one of the largest jumps in recent years, and a definite indication of how inflation...
Aug 9, 2022 | Benchmarks, Flexible spending accounts (FSAs), Health Benefits, Health Savings Accounts (HSAs), Mental Health, Telehealth, Telemedicine
Already ranked as the most important employee benefit an organization can offer its workers, health-related benefits have taken on even greater significance since the onset of COVID-19, according to the 2022 SHRM Employee Benefits Survey. As shown in the graph below,...
May 6, 2022 | FSA Store, Health Savings Accounts (HSAs), High-Deductible Health Plans (HDHPs), HSA Store
The IRS recently announced its annual cost-of-living adjustments affecting health savings accounts (HSAs) for calendar year 2023. HSA Contribution Limits – The annual HSA contribution limit for individuals with self-only high-deductible health plan (HDHP) coverage...
