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Big Jump in 2023 HSA Contribution Limits

Big Jump in 2023 HSA Contribution Limits

by BBGAdmin | May 26, 2022 | Announcements, Featured, Healthcare Costs, News and Events

Every year the Internal Revenue Service (IRS) decides if there will be an increase in Health Savings Account (HSA) contribution limits, minimum deductibles, and maximum out-of-pocket amounts. The IRS has released the 2023 inflation-adjusted HSA contribution limits. ...
ICHRA: A New Solution for Flexible Healthcare Insurance

ICHRA: A New Solution for Flexible Healthcare Insurance

by BBGAdmin | Nov 2, 2021 | Employer Issues, Healthcare Costs, Healthcare Issues, ICHRA, Insurance

What Is An ICHRA? ICHRA stands for Individual Coverage Health Reimbursement Arrangement.  As of January 1, 2020 federal regulation has expanded the usability of HRAs, providing employers with a whole new way of providing health insurance to their employees.  Whether...
IRS Identifies PPE as a Qualified Medical Expense

IRS Identifies PPE as a Qualified Medical Expense

by BBGAdmin | Apr 6, 2021 | Announcements, Health Policy

Personal Protective Equipment (PPE) can be Purchased with Pre-tax Dollars The IRS identifies PPE as a qualified medical expense under Section 213(d) of the Internal Revenue Code. Here is the announcement 2021-7 from the IRS. What does This Mean to Employers? Employers...
In Light of the COVID-19 Pandemic, the IRS Announces Mid-Year Plan Changes are Allowed to FSA Elections

In Light of the COVID-19 Pandemic, the IRS Announces Mid-Year Plan Changes are Allowed to FSA Elections

by BBGAdmin | May 28, 2020 | Announcements, Featured, General Insurance Issues, Uncategorized

The IRS Announces New Guidelines for 2020 You can read all about the new IRS guidelines regarding mid-year changes to health and dependent care Flex Spending Accounts (FSAs) here.  Additionally, we’ll break it down as to what it means for you and your employees...
COVID-19 ACCELERATES USE OF VIRTUAL HEALTHCARE:  WILL THIS GENIE EVER GO BACK IN THE BOTTLE?

COVID-19 ACCELERATES USE OF VIRTUAL HEALTHCARE: WILL THIS GENIE EVER GO BACK IN THE BOTTLE?

by BBGAdmin | May 8, 2020 | Employer Issues, General Health, Healthcare Costs, Medicare, Uncategorized

Until now, virtual healthcare could still be described as something of a novelty utilized by “early adopters” like those consumers that traditionally are the first to use a new technology. I bet, until now, if you asked a healthcare expert about when...
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Recent Posts

  • Big Jump in 2023 HSA Contribution Limits
  • Understanding Your Medicare Prescription Drug Coverage in 2022
  • ICHRA: A New Solution for Flexible Healthcare Insurance
  • Medicare Basics: 5 Things to Know about Medicare Part C – Medicare Advantage (Part of a Series)
  • IRS Identifies PPE as a Qualified Medical Expense

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