Dec 8, 2023 | Affordable Care Act, Announcements, Compliance, Form 1094, Form 1095, IRS, Regulatory
It is that time of year when self-funded employers need to start preparing for a critical health care reform mandate: Providing the IRS with an accurate accounting of health coverage for full-time employees via IRS Forms 1094 and 1095. Per the Affordable Care Act,...
Nov 10, 2023 | Announcements, MedBen Access, MedBen Employees, Mobile App, Online Services
MedBen will be closed on Thursday, November 23 and Friday, November 24 to celebrate Thanksgiving. We will reopen at 8:00 a.m. EST on Monday, November 27. Should you need claims and benefits information about your plan, our MedBen Access online service is available...
Nov 9, 2023 | Announcements, Flexible spending accounts (FSAs), IRS, News
On November 9, the IRS announced cost-of-living adjustments for FSAs. The annual employee contribution limit will increase to $3,200 in 2024, up from $3,050 in 2023. If your FSA allows a carryover of unused amounts, the maximum carryover amount is $640 in...
Oct 27, 2023 | Anniversaries, Announcements, MedBen Employees
Six MedBen team members are celebrating a noteworthy event in 2023… their 25th anniversaries with us! We’re proud of our long-time association with each one of them, and their contributions to our growth and continued success cannot be overstated. Below, we spotlight...
Oct 26, 2023 | Announcements, Compliance, IRS, PCORI
On October 18, the IRS issued Notice 2023-70, which increased the Patient-Centered Outcomes Research Institute (PCORI) fee from $3.00 per covered life to $3.22 per covered life for policy and plan years that end on or after October 1, 2023 and before October 1, 2024....
Oct 13, 2023 | Anniversaries, Announcements, MedBen Employees
At a recognition event on October 6. MedBen honored employees who are celebrating benchmark anniversaries with the company in 2023. We congratulate all this year’s celebrants and thank you for everything you do for our clients! Three employees are observing 30...
