HSA 2020 Compliance: Key Features
Health savings accounts (HSAs) are a popular type of tax-advantaged medical savings account available to individuals enrolled in high deductible health plans (HDHPs). Individuals can use their HSAs to pay …
IRS Announces Employee Benefit Plan Limits for 2020
Many employee benefits are subject to annual dollar limits that are periodically increased for inflation. The Internal Revenue Service (IRS) recently announced cost-of-living adjustments to the annual dollar limits for …
Dependent Eligibility Audits: Post-Enrollment Clean-Up
With health care costs continuing to rise, many employers are looking for additional ways to cut costs. Making sure your health plan covers only those who are eligible can be …
Health Insurance Carrier Data Breaches—How to Respond
Any company is a potential target for cyber criminals, and insurance carriers are no exception. A cyber data breach occurs when protected information is viewed or stolen by unauthorized individuals, …
COBRA Premiums: Compliance and Options
Group health plans can require qualified beneficiaries to pay for COBRA continuation coverage, although plan sponsors can choose to provide continuation coverage at reduced or no cost. The maximum amount …