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Benefits 101

Benefits 101 (5)

Tuesday, 31 January 2023 00:53

HSA Basics

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Investing in a health savings account (HSA) is a rapidly growing trend. An HSA is a tax-exempt savings account used to pay for qualified out-of-pocket medical expenses of an individual, their spouse and dependents.
The 2023 contribution limit for Healthcare Flexible Spending Accounts (FSAs) is increasing to $3,050, an increase of $200 from 2022. The maximum carryover amount that employers may implement also increases to $610 (20% of the contribution limit).
You have many choices when selecting a health insurance plan, which can make the process feel overwhelming. Health plans vary and have their own benefits and drawbacks related to coverage, primary care providers (PCPs), copays, premiums and more.
Monday, 21 November 2022 00:32

Our ACA Guide

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There are a lot of details related to the Affordable Care Act (ACA) that impact many employers. Attached is our ACA Client Guide, a ready reference to help you understand rules, considerations and what your company may need to do.
Monday, 11 July 2022 11:03

Are You Ready for Paid Leave?

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In 2020, Colorado voters approved the statewide ballot measure Proposition 118, creating the Paid Family and Medical Leave initiative (PFML). Since then, the Colorado Department of Labor and Employment (CDLE) has been writing regulations to finalize the statewide insurance program which will begin requiring premium payments in 2023 and offering…