<img height="1" width="1" style="display:none;" alt="" src="https://dc.ads.linkedin.com/collect/?pid=118459&amp;fmt=gif">
Show all

New Telemedicine and HSA Legislation

New Telemedicine and HSA Legislation

1 minute read

The recently approved Consolidated Appropriations Act, 2023 (CAA 2023) includes a new 2-year extension of the telehealth waiver. Temporary relief had been provided to high deductible health plans to provide telehealth at low or no cost prior to meeting an individual’s deductible to keep their HSA eligibility. This relief was slated to expire December 31, 2022, but has been extended to December 31, 2024. This will apply to plan years beginning after December 31, 2022, and before January 1, 2025.

This relief is still only temporary, and employers may need to review their plans to see if changes need to be made closer to 2025. Hopefully more permanent guidance will be released prior to the new deadline. For questions, please contact your NIS Employee Benefit Consultant.

 

Additional Resource

Congress Extends Pre-Deductible Telehealth Coverage for HDHPs

Click to Download the 2023 IRS Contribution Limits Info Sheet

National Insurance Services is not a law firm and no opinion, suggestion, or recommendation of the firm or its employees shall constitute legal advice. Readers are advised to consult with their own attorney for a determination of their legal rights, responsibilities and liabilities, including the interpretation of any statute or regulation, or its application to the readers’ business activities.

Pay Transparency
January 03, 2023
U.S.’s Life Expectancy and Health Care
January 03, 2023
Rick Labian

Rick Labian

Rick Labian lives by the Golden Rule – he is guided by what is best for his clients and treats others as he would like to be treated. Rick acts as an advisor and advocate for his clients, helping to identify goals for their benefit programs and building a strategic plan together. Rick has a rich history with NIS. He has worked for NIS for over 20 years, leading the Eastern region. Rick is the manager and leads the FBC Client Management Team. Rick’s leadership and experience aids our internal staff and all of NIS’ FBC clients. Rick is a licensed insurance agent and is ACA certified through the National Association of Health Underwriters.