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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. ...
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...
Information About the Covid-19 Vaccine

Information About the Covid-19 Vaccine

by Deanna Broaddus | Mar 16, 2021 | Announcements, Featured, General Health, Healthcare Issues, Research

Ohio Covid-19 Vaccination Updates BBG wanted to provide our clients with updated information about the Covid-19 vaccination specifically in Ohio as well as some national pharmacy links. Governor DeWine has created a one-stop shopping website for updates regarding the...
HSA Contribution Limits for 2021

HSA Contribution Limits for 2021

by Deanna Broaddus | Sep 9, 2020 | Announcements, Featured, Insurance

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 2021 HSA contribution limits.  If you are on an...
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...
FSA and HSA Contribution Limits for 2020

FSA and HSA Contribution Limits for 2020

by Deanna Broaddus | Nov 25, 2019 | Announcements, Featured

Every year the Internal Revenue Service (IRS) announces new contribution limits for tax-advantaged accounts. Many of these accounts are indexed for inflation so the limits rise year over year. This article is geared at educating you about the new contribution limits...
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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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