Benefits 101 (5)
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.
Published in
Benefits 101
Tagged under
Monday, 21 November 2022 01:00
IRS Increases 2023 Limits for Health FSA & Qualified Parking and Mass Transit
Written by Susan Shepard
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).
Published in
Benefits 101
Tagged under
Monday, 21 November 2022 00:39
Employee Guide to the Major Types of Health Plans
Written by Kristen Russell
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.
Published in
Benefits 101
Tagged under
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.
Published in
Benefits 101
Tagged under
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…
Published in
Benefits 101
Tagged under