HDHP - Resecō

20 May HSA/HDHP Limits Increase for 2021

Posted at 21:38h in Employee Benefits White Papers by reseco .0 Comments .

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On May 20, 2020, the IRS released Revenue Procedure 2020-32 to provide the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2021. The IRS is required to publish these limits by June 1 of each year. These limits include: The maximum HSA contribution limit; The minimum deductible amount for […]

10 Apr Updating Health Plans for Coronavirus Changes

Posted at 18:26h in COVID-19, Employee Benefits by reseco .0 Comments .

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Employers may be considering changes to their group health plans in response to the ongoing COVID-19 pandemic.

In some cases, health insurance issuers for fully insured plans may be initiating some of these changes to help individuals impacted by the pandemic.

02 Apr CARES Act Makes Changes for Health Plans

Posted at 00:46h in COVID-19, Employee Benefits by reseco .0 Comments .

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On March 27, 2020, President Trump signed the Coronavirus Aid, Relief and Economic Security Act (CARES Act) into law to provide $2.2 trillion in federal funding to address the COVID-19 crisis. The CARES Act makes a variety of changes affecting health plans.