1 minute read
On October 17, 2024, the IRS released Notice 2024-75 (the Notice), expanding preventive care benefits under high deductible health plans (HDHPs) without or with reduced deductibles. The...
1.5 minute read
On October 22, 2024, the IRS announced a new limit for 2025 on pre-tax contributions to health flexible spending accounts (FSAs). FSAs, raising it to $3,300, up $100 from 2024's limit.
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The 2024 Best Practices in Healthcare Survey by WTW reveals that rising healthcare costs are prompting over 51% of U.S. employers to redesign plans for affordability, focusing on new...
1.5 minute read
The IRS has issued a private letter ruling (No. 202434006) that approves an employer's program allowing employees to allocate employer contributions to various benefits. A Private...
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Starting in 2020, the Consolidated Appropriations Act, 2021 (CAA) bans health plans and insurers from using gag clauses in contracts that limit sharing information on provider prices...
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The Centers for Medicare and Medicaid Services (CMS) recently released the maximum Affordable Care Act (ACA) cost-sharing limits for 2026. The new limits will be $10,150 for self-only...
3 minute read
The Kaiser Family Foundation conducts a survey about employer-sponsored health benefits each year. Here are some of the key points of the 2024 Employer Health Benefits Survey.
2 minute read
The U.S. Department of Labor's Bureau of Labor Statistics recently released a report highlighting trends in employee benefits from their National Compensation Survey, covering over 146...
2 minute read
The Internal Revenue Service (IRS) has released the final 2024 forms and instructions for reporting under IRS Code Sections 6055 and 6056. The final instructions for the B series forms...
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In response to the COVID-19 pandemic, Congress enacted legislation which temporarily allowed high deductible health plans (HDHPs) to provide telehealth service benefits before plan...
