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Health Savings Account (HSA) Eligibility Rules

WEBMany employers offer high-deductible health plans (HDHPs) to control premium costs, and then pair this coverage with health savings accounts (HSAs) to help employees with their health care expenses. An HSA is a …

Actived: 5 days ago

URL: https://www.maxwellagency.com/health-savings-account-hsa-eligibility-rules/

5 Strategies for Reducing Health Benefit Costs in 2022

WEBFor the past two decades, health costs have increased each year. This happens for a variety of reasons, such as inflation or, say, a global pandemic. With that in mind, …

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How the End of the COVID-19 Emergency Periods Will Impact …

WEBPUBLIC HEALTH EMERGENCY. Background. HHS first declared that a PHE exists due to the COVID-19 pandemic on Jan. 31, 2020. A PHE declaration lasts for 90 days unless it …

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Health Plan Enrollment Rules

WEBA health plan’s open enrollment period should take place prior to the beginning of the plan year for which employees are making their elections. Typically, open enrollment occurs …

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IRS Releases FAQs on Medical Expenses Related to General Health

WEBOn March 17, 2023, the IRS released a set of frequently asked questions (FAQs) to address whether certain costs related to general health, nutrition and wellness are medical …

Category:  Nutrition,  Medical Go Health

California Individual Health Insurance Mandate

WEBHEALTH INSURANCE SUBSIDIES. Until Jan. 1, 2023, the law also creates Individual Market Assistance, which provides health insurance premium assistance subsidies to …

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Health Care Reform: 90-day Waiting Period Limit

WEBCounting Days. When applying the ACA’s 90-day waiting period limit, all calendar days must be counted, beginning on the enrollment date, including weekends and holidays. …

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Strategies to Address Barriers to Mental Health Benefits

WEBIn fast-paced and demanding work environments, the importance of mental health cannot be overstated. Employees who are mentally well are more productive, engaged and …

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Employer-sponsored Health Insurance Premiums Rose to Nearly …

WEBThe Kaiser Family Foundation’s (KFF’s) 2023 Employer Health Benefits Survey revealed that workers and employers alike are paying more for job-based health insurance this …

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Understanding Your Explanation of Benefits (EOB)

WEBAfter submitting a claim for medical treatment, you may receive an Explanation of Benefits (EOB) from your insurance company. The EOB is a form that insurance companies send …

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Resources to Help Find Infant Formula During the Shortage

WEBTo address the infant formula shortage amid medical device and health care company Abbott Nutrition’s voluntary recall of certain powdered infant formulas, the Biden …

Category:  Nutrition,  Medical Go Health

Determining Whether to Offer Multiple Health Plan Options

WEBAlongside compensation, health care coverage is often seen as one of the most important benefits a job can offer. And the larger the variety of options available to employees, the …

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Group Health Insurance Plans Maxwell Agency In California

WEBMaxwell Agency can help. We’re a one-stop shop for all your benefits needs. We specialize in helping businesses with their employee benefits programs. Start a quote below and …

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Price Comparison Tool Required for 2023 Plan Years

WEBThe self-service price comparison tool must be available by the following phased-in deadlines: Accordingly, group health plans with a calendar year plan (Jan. 1-Dec. 31) …

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THE REAL VALUE OF A VISION PLAN

WEBDiabetes is the most expensive chronic disease in the U.S.Those diabetics who received early detection during an eye exam had lower first-year health plan costs, missed fewer …

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The Differences Between Short- and Long-term Disability …

WEBHealth insurance plans, self-funded health plans, health maintenance organizations and prescription drug plans generally meet ERISA’s criteria for a group health plan. Medical …

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Reporting Requirements for Employers and Health Plans

WEBThis ACA Overview summarizes the ACA's reporting requirements for employers and health plans. It summarizes Form W-2 reporting, employer health coverage reporting …

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6 Benefits to Attract and Retain Small Business Employees

WEBHealth Insurance. Health insurance is consistently one of the most desired benefits among small business employees. That may be because health care is so expensive and is …

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ERISA WRAP Documents & Section 125 Plans

WEBGroup health plans must be administered in accordance with a written Plan Document which must be made available to plan participants and beneficiaries upon request. Many …

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Provided by Maxwell Agency Insurance Services

WEBThe U.S. Department of Health and Human Services (HHS) provides lists of preventive services that most health insurance plans must cover when delivered by an in-network …

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