Missed open enrollment? What’s next?
…Health Savings Accounts (HSAs) Health Savings Accounts require owners to be enrolled at the same time in an HSA-eligible high-deductible health plan (HDHP). As long as that status is in place,…
Search Results for: change of status
IRS Issues More ARPA Guidance on Premium Assistance for COBRA
…contractual obligation with the SHOP exchange to pay all applicable COBRA premiums to the exchange; and (iv) the employer would have received the State mini-COBRA premiums directly from AEIs were…
DCAP Update: Dependent Care FSAs Get Long-Overdue Boost
…change matters so much, consider the financial reality that’s been squeezing families for decades. That original $5,000 limit from 1986 would be worth approximately $13,700 in today’s dollars. For nearly…
Why Smart TPAs Partner with BPO Providers During Enrollment Season Surges
…Mike has been on hold for 20 minutes about a COBRA notice. Meanwhile, your inbox shows 47 unread emails about benefit changes – all marked “urgent.” Sound familiar? Every fall,…
WHITEPAPER: How TPAs Can Boost Profits and Balance Their Workload Through Platform Efficiency
…TPA’s workflow. When a comprehensive platform utilizes a singular record, there is no need to ensure each change is updated in multiple places. A change on the CDH side saves…
HSA Expansion Opens the Door to Millions
…of HSA participation. The Numbers Tell the Story – The HSA Market is Primed for Growth This legislative change represents a seismic shift that will dramatically expand access to HSAs…
6 Things to Know About HSAs
…qualified healthcare expenses, regardless of insurance coverage status. Catch-Up After Age 55 Each plan year, the IRS sets an annual contribution limit for HSA account holders. However, account owners aged 55…
Are We at Risk of a COBRA Avalanche? COVID-19 COBRA Compliance and Other Concerns for Benefits Administrators
…multiple chronic conditions (38% vs 24%), and more than twice as likely to report poor health status. Although considered prohibitively expensive to be a long-term solution for most people, the…
Designing Good Employee Benefits: 8 Questions You Should Ask
…primary care visits may indicate the overall status of workforce health and uncover the need for better preventive care or health improvement programs. It’s also helpful to ask about visits…
WHITEPAPER: TPAs Still Have Time to Enter the Thriving HSA Market
…Regardless of the individual’s employment status or health coverage, the HSA is theirs to keep and use. Third, an HSA can function as a supplementary retirement account, similar to a…