Flyte Blog
Navigating the Complexities of ACA Compliance: A Comprehensive Guide
If you’re an employer with 50 or more full-time employees, understanding and complying with the Affordable Care Act (ACA) and its regulations is crucial to avoiding costly penalties and ensuring a smooth year-end reporting process.
As fall approaches, […]
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 a Health Reimbursement […]
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 Internal Revenue Service to fund the […]
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, the employee […]
When Companies Renew Health Insurance – 8 Tips for Success
The time to think about renewing health insurance plans for 2024 is fast approaching! With most health plans renewing on January 1st, it’s important to start preparing for your company’s plan renewal or to find alternative options if the price […]
HRA Council: 2023 HRA Data Report
The Rise in ICHRAs and QSEHRAs
In its 2nd year of reporting, the HRA Council’s 2023 HRA Data Report sheds light on an emerging solution that is revolutionizing the way employers offer healthcare benefits. Qualified Small Employer HRAs […]
