Further by HealthEquity has shared the below updates around recent legislative changes that may
impact consumer-directed benefits.
Internal Revenue Service (IRS) Releases 2023 Index Figures
On...
Minimum Compensation Rate Updates
For-Profit Rate
Effective July 1, 2022, the For-Profit Rate increases to $19.15 per hour. Posters and Forms reflecting this rate increase will be available in Jun...
The Biden-Harris Administration is proposing a rule to fix the ACA’s “family glitch.” Under the ACA, people who don’t have access to affordable health insurance at work may qualify for a premium t...
The IRS has issued proposed rules that would change the way employer-sponsored coverage would be treated when determining if a family is eligible for premium tax credits (PTC) when purchasing individu...
California’s universal healthcare bill, Assembly Bill 1400, failed to pass. The bill's author, Assembly member Ash Kalra, couldn't get enough support from fellow Democrats and nixed it minutes bef...
AB 1400 (CalCare) passed out of the Assembly Appropriations Committee. The bill is now slated to go before the entire Assembly for a vote. Implementation is contingent on a statute to create reven...
California has become the first state to require health insurance plans to cover at-home tests for sexually transmitted infections, such as HIV, chlamydia, and syphilis. The law took effect Januar...
The prospect of single-payer health care has reemerged in California with Assembly Bill 1400. A proposed constitutional amendment would create a funding mechanism through new income taxes, payroll...
The HHS Notice of Benefit and Payment Parameters 2023 Proposed Rule would prohibit health insurance issuers from discriminating on the basis of sexual orientation and gender identity. Restoring th...
The White House is urging employers to comply with a new vaccine mandate even though a federal appeals court has temporarily blocked the requirement. Under the OSHA rule, employers with at least 1...
The Society of Human Resource Management reports that the IRS lowered the Affordability Threshold to 9.61% of Pay for 2022. Employers offering a health plan option in 2022 that costs employees no ...
The Consolidated Appropriations Act of 2021 (CAA), also called the “No Surprises Act” required all health insurance carriers and employers that offer group coverage to provide increased transparen...