IRS Memo Regarding Substantiation of Flexible Spending Account (FSA) Claims
September 2023
Source: Sterling Health Administrators
The sponsor of an Internal Revenue Code Section 125 cafeteria...
Out-of-Pocket Maximum Limits
Date Issued: September 2023
Most group health plans are designed with cost-sharing measures such as deductibles, copays, coinsurance, and an out-of-pocket (OOP) maxi...
Annual Contribution Limits When Employee Is Hired Mid-Plan Year
Updated August 2023
Background
One common question from employers is regarding the different rules with respect to annual cont...
Compliance Issues with Out Of Pocket Maximums
As brokers help employers finalize 2024 plan designs, it’s important to keep in mind that there are limits on the amount that can be required before pa...
New IRS Filing Requirement for ACA Reporting
The IRS is changing electronic filing requirements for ACA and other required reporting in 2024.
While Amwins Connect originally reported this new re...
Refresher on Those Events Permitting Election Changes Mid-Plan Year
July 2023
The Group Health Plan may be drafted to permit an individual to change an election mid-year based on a permitted eve...
Tax Treatment of Certain Wellness Arrangements
July 2023
The IRS recently released Memorandum Number 202323006 (“the Memo”) which addresses the tax treatment of arrangements that claim to offer ...
Health Benefits for Different Classes of Employees
Can employers design health benefits differently for classes of employees?
Employers may be thinking of providing health plans by ‘employee cla...
HSA Updates for 2024
Recently the IRS released the HDHP requirements and HSA contribution limits for the 2024 calendar year. This webinar will share the 2024 numbers with you, and then, since HSA q...
The Internal Revenue Service (IRS) announced (see Revenue Procedure 2023-23) cost-of-living adjustments to the applicable dollar limits for health savings accounts (HSAs), high-deductible health p...
Fully insured carriers and most self-insured health plan sponsors must pay annual Patient-Centered Outcomes Research Institute (PCORI) fees to the IRS. They are also required to report the same on For...
The Internal Revenue Service (IRS) announced (See Revenue Procedure 2021-25) cost-of-living adjustments to the applicable dollar limits for health savings accounts (HSAs), high-deductible health p...