by BBGAdmin | Feb 19, 2024 | Announcements, Featured, Healthcare Costs, ICHRA, SharedFunding
Challenges A 37 eligible life employer with 25 employees on their plan recently experienced another medical insurance increase that pushed their rates to a tipping point, becoming unsustainable for the company. This escalation in costs was a concern for both...
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 | 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 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...
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...
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...
