Burnhambenefits.com

The Essential Role of a Skilled Advisor in Navigating Employee …

WebIn the realm of benefits program evaluation, dedicated advisors play a vital role in assisting employers by: Analyzing Data: Advisors continuously analyze data related to …

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URL: https://www.burnhambenefits.com/insights/the-essential-role-of-a-skilled-advisor-in-navigating-employee-benefits/

IRS Announces 2024 Contribution Limits for Health Care FSAs

WebNewly Increased 2024 Contribution Limits for Flexible Spending Accounts Have Been Announced By the IRS. On November 9, 2023, the IRS released Revenue Procedure …

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Use Data to Negotiate Better Rates for Your Health Plans

WebOne of the foremost employee benefits brokerages and consulting firms in California, Burnham helps employers control group health insurance costs, implement …

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IRS Announces 2023 HSA/High Deductible Health Plan Limits

WebThe maximum contribution to an excepted benefit HRA for the 2023 plan year. The following chart shows the HSA/HDHP and Excepted Benefit HRA limits for …

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Cure8 Mobile Health

WebKey Feature: The App Cure8 Mobile Health A one-stop-app to access all benefits, virtual primary care, and wellness on the go. View ID cards and plan designs, complete …

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IRS Announces 2023 Contribution Limits for Health Care FSAs

WebOn October 18, 2022, the IRS released Revenue Procedure 2022-38, which provides increased limits for health care flexible spending account (FSA) contributions and related …

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A Guide to Understanding the Skyrocketing Cost of Healthcare

WebEmployer’s Guide to Understanding the Skyrocketing Cost of Healthcare. The cost of healthcare is rising dramatically; in fact, it is estimated that U.S. health …

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Price Comparison Transparency Tool Expanded for 2024

WebBeginning for plan years on or after January 1, 2024, group health plans and health insurance issuers must expand the internet-based price comparison tool they …

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8 Ways to Reduce Employee Benefit Costs Burnham Benefits

Web4. Cut down administrative costs. To reduce the cost of benefits administration, try using online portals or automated messaging systems for enrollment …

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Fully-Insured vs. Self-Insured Captive: What’s Best for Your …

WebA self-insured medical captive also increases flexibility with plan designs, administration, and offered services, and it is very likely you can keep the same plan …

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2022 San Francisco Health Care Security Ordinance Expenditure …

WebAs of January 1, 2022, the new threshold will be $109,643 per year, or $52.71 per hour. Employees who are eligible for Medicare or TRICARE (the health care …

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PCORI Fees for Self-Funded, Level Funded and HRA plans Due …

WebFor plans ending in 2021, the next PCORI fee payment will be due August 1, 2022, since July 31, 2021, is a Sunday. The fee is based on the number of “covered …

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IRS Memorandum Addresses Taxation of Wellness Benefits

WebOn June 9, 2023, the Internal Revenue Service (IRS) Office of Chief Counsel released advice memorandum, CCA 202323006, indicating that wellness benefits paid …

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New HIPAA Penalties Announced Burnham Benefits

WebStay a step ahead with our curated views on key issues of the day.

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Temporary Relief for High Deductible Health Plan Coverage of …

WebConsolidated Appropriations Act, 2022 Temporarily Extends Pre-Deductible Telehealth Coverage. This week President Biden signed the Consolidated Appropriations Act, 2022 …

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New California Law Requires Insurers to Cover COVID-19 Testing …

WebOn October 8, 2021, Governor Newsom signed into law SB 510, which requires insurers to cover COVID-19 diagnostic and screening testing, immunization, and associated health …

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Mental Health Parity Litigation Ruling Burnham Benefits

WebLitigation Ruling Related to MHPAEA Noncompliance. On November 21, 2023, the United States 10 th Circuit Court of Appeals (Court) published a major decision …

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The medical information found on the MedMallRx website is designed to support, not to replace the relationship between patient and physician and the medical advice they may provide.