FSA and HSA Mid-Year Checkup
As we near the end of summer, now is the ideal time to conduct a mid-year health account checkup on your FSA and HSA. This proactive step can lead to better financial health and [...]
2024
Aug 20
2024
Jul 30
Traditional HRA: Is it Still a Thing?
Back in the 1960s, when healthcare plan deductibles and exclusions became commonplace, employers started reimbursing employees for medical expenses not covered by traditional healthcare plans. In 2002, the IRS formally recognized this practice as [...]
2024
Jun 24
PCORI Fees: A Step-By-Step Guide
Once set to expire in 2019, the Patient-Centered Outcomes Research Institute (PCORI) fee was renewed for the next 10 years. This fee, paid every year by July 31 until 2029, is sent to the [...]
2024
Jun 11
How Does a QSEHRA Work?
Qualified Small Employer Health Reimbursement Arrangements (QSEHRA) offer a valuable healthcare solution for small businesses. Not only do they provide employees with the freedom to select their own healthcare, but they also offer tax [...]
2024
May 24
ICHRA Plans Experience Staggering Growth
Large employers with more than 200 employees are the fastest growing segment to adopt Individual Coverage HRAs (ICHRA) in lieu of group coverage, according to a new report by the HRA Council. The Council’s [...]
2024
Apr 23
LSAs: Helping Your Employees Pursue a Healthy Lifestyle
Lifestyle Spending Accounts, or LSAs, are quickly becoming a popular way for employers to offer reimbursements to employees for certain health and wellness expenses. Once an employer sets up an LSA for an employee, [...]
2023
Jun 20
Labor Law Compliance: A Guide for Employers Nationwide
In today's rapidly evolving business landscape, it is imperative for employers nationwide in the US to prioritize labor law compliance. Adhering to labor laws is not only essential for legal compliance but [...]
2023
Jun 20
Minnesota Labor Law
As the midyear approaches, it is crucial for employers in Minnesota to stay informed about the latest labor laws that will come into effect. This update highlights key changes to the state's labor [...]
