Sep 28, 2023 | Announcements, Compliance, Consumer-driven Health Plans, Health Savings Accounts (HSAs), High-Deductible Health Plans (HDHPs), IRS, Regulatory
The MedBen Compliance team has updated its High Deductible Health Plan (HDHP)/Health Savings Account (HSA) summary to include 2024 IRS guidelines. In 2024, the HDHP minimum required deductible is $1,600 for self-only coverage ($3,200 for family coverage), while the...
May 25, 2023 | Announcements, Consumer-driven Health Plans, FSA Store, Health Savings Accounts (HSAs), High-Deductible Health Plans (HDHPs), HSA Store, IRS
The IRS has announced its health savings account (HSA) contribution limits for 2024. The annual cost-of-living adjustments include a 7.8% increase in individual HSA contributions – one of the largest jumps in recent years, and a definite indication of how inflation...
May 6, 2022 | FSA Store, Health Savings Accounts (HSAs), High-Deductible Health Plans (HDHPs), HSA Store
The IRS recently announced its annual cost-of-living adjustments affecting health savings accounts (HSAs) for calendar year 2023. HSA Contribution Limits – The annual HSA contribution limit for individuals with self-only high-deductible health plan (HDHP) coverage...
Mar 18, 2022 | Compliance, COVID-19, High-Deductible Health Plans (HDHPs), Regulatory, Telemedicine
On March 15, 2022, President Biden signed the Consolidated Appropriations Act of 2022. This law temporarily renews certain relief for plans that provide coverage for telehealth and other remote care services before the high deductible health plan (HDHP) minimum...
May 14, 2021 | Health Savings Accounts (HSAs), High-Deductible Health Plans (HDHPs), IRS, News
The IRS recently announced its annual cost-of-living adjustments affecting health savings accounts (HSAs) for calendar year 2022. HSA Contribution Limits – The annual HSA contribution limit for individuals with self-only high-deductible health plan (HDHP) coverage...
Sep 3, 2020 | Announcements, Compliance, Health Savings Accounts (HSAs), High-Deductible Health Plans (HDHPs), IRS
MedBen Compliance has updated its High Deductible Health Plan (HDHP)/Health Savings Account (HSA) summary to include 2021 IRS guidelines. In 2021, the HDHP minimum required deductible will remain at $1,400 for self-only coverage ($2,800 for family coverage), while the...
