Tag: HDHP

HSA

IRS Raises HSA, HDHP Dollar Limits for 2019

The annual contribution limits for health savings accounts (HSAs) are going up in 2019, the Internal Revenue Service (IRS) announced May 10. The maximum out-of-pocket limits for an HSA-eligible high-deductible health plan (HDHP) also will be increased for inflation, according to Revenue Procedure 2018-30.

HSA

IRS Restores Maximum Family HSA Contribution to $6,900

Responding to concerns about administrative headaches for plan sponsors and administrators, the Internal Revenue Service (IRS) reversed its previous decision to lower the maximum family health savings account (HSA) contribution from $6,900 to $6,850.

health

Employee Participation in High Deductible Health Plans Grew More Than 60% in 2017

Rising healthcare costs continue to plague employers and employees alike, so it should come as no surprise that participation in high deductible health plans (HDHP) grew by more than 60% last year. A new report reveals which areas of the United States are most impacted by rising healthcare costs and highlights the types of voluntary […]

Benefits

Voluntary Benefits Gaining Popularity Across the Country

Benefitfocus, Inc., a provider of cloud-based benefits management software, has released its “State of Employee Benefits – Regional Edition” research report, a snapshot of real, but anonymous employee benefit election data from over 500 employers on the BENEFITFOCUS® Platform, broken out by U.S. Census region.

HSA

IRS Raises HSA, HDHP Dollar Limits for 2018

The annual contribution limits for health savings accounts (HSAs) are going up in 2018, the Internal Revenue Service (IRS) announced May 4. The minimum deductibles and maximum out-of-pocket limits for an HSA-eligible high-deductible health plan (HDHP) also will be increased for inflation, according to Revenue Procedure 2017-37.

Small Changes to Health Plan, Big Improvements in Employee Health

 “A lot of folks don’t understand their health benefits and their pharmacy benefits as well as they could,” says Ed Pezalla, M.D., medical director of Aetna’s Pharmacy Management Program. That incomplete understanding impacts employee health much more than you might suspect. And what impacts employee health impacts your company’s healthcare dollars. Pezalla suggests some minor […]

Health Insurance: New Health Savings Accounts–What They Are And How They May Impact Benefits Plan Choices

When the sweeping new Medicare law was recently signed into law, bundled within it was an unrelated but key provision for employers—the creation of tax-free Health Savings Accounts (HSAs). We’ll explain what HSAs are, who’s eligible, and what they could mean for you and your employees. We’ll also highlight a few potential downsides you should […]