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. ...
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...
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...
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...
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...
