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IRS Changes Course (Again) and Restores 2018 HSA Family Limit to $6,900 | Ohio Benefit Advisors

Friday, April 27, the Internal Revenue Service (IRS) announced that the 2018 annual contribution limit to Health Savings Accounts (HSAs) for persons with family coverage under a qualifying High Deductible Health Plan (HDHP) is restored to $6,900. The single-coverage limit of $3,450 is not affected.This is the final word on what has been an unusual … Continued

All About Medical Savings Accounts | Ohio Benefit Advisors

Taking control of health care expenses is on the top of most people’s to-do list for 2018.  The average premium increase for 2018 is 18% for Affordable Care Act (ACA) plans.  So, how do you save money on health care when the costs seems to keep increasing faster than wage increases?  One way is through … Continued

2018 HSA Family Contribution Limit Reduced by $50 | Ohio Benefit Brokers

On March 5, 2018, the Internal Revenue Service (IRS) announced a reduction in the maximum annual contribution allowed for Health Savings Accounts (HSAs) in 2018. The change does not affect people whose HSA contributions are based on self-only health coverage, but it does affect those with family coverage under a qualifying High Deductible Health Plan … Continued

Medicare Part D: Creditable Coverage Disclosures | Ohio Benefit Advisors

Entities such as employers with group health plans that provide prescription drug coverage to individuals that are eligible for Medicare Part D have two major disclosure requirements that they must meet at least annually: Provide annual written notice to all Medicare eligible individuals (employees, spouses, dependents, retirees, COBRA participants, etc.) who are covered under the … Continued

Employers Take Another Look at CDHPs

The CDHP movement now might be losing some steam, according to a pair of industry studies.

HR Elements October 2012

CDHP’s, Wellness Programs, and better pharmacy services.

Most Employees Not Given a Choice of Health Plans

Most Americans get their health insurance coverage from employment-based plans, yet most employers do not offer a choice of health plans, according to the Employee Benefit Research Institute (EBRI).

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