United Benefit Advisors Insight and Analysis Blog

IRS Changes HSA Limit for 2018

Posted by: Danielle Capilla    May 11, 2018 11:54:46 AM

The Internal Revenue Service (IRS) recently released Revenue Procedure 2018-27 to modify the 2018 health savings account (HSA) family contribution limit back to $6,900. This is the second, and likely final, change in limit during 2018.

 

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Topics: health care benefits, HSAs, HSA, HSA funding, family planning, family insurance benefits

U.S. Department of Labor Updates CHIP Notice

Posted by: Bill Olson    May 3, 2018 3:00:07 PM

In March, the U.S. Department of Labor (DOL) updated its model Premium Assistance Under Medicaid and the Children's Health Insurance Program notice, otherwise known as the CHIP notice. (This update is standard process, and usually happens biannually.)

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Topics: Medicaid, Department of Labor, health care benefits, health care coverage, CHIP

Notifying Participants of a Plan Change

Posted by: Danielle Capilla    Apr 19, 2018 6:06:12 PM

Curious about when you should notify a participant about a change to their health care plan? 

The answer is that it depends! 

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Topics: benefits compliance, health care benefits, health care plans, benefits communication

Negotiating over COBRA Coverage – Use EXTREME CAUTION!

Posted by: Elizabeth Kay    Dec 15, 2015 12:00:00 PM

Proceed with cautionHave you ever overheard the new employee in the break room, bragging about how good their health insurance was with their previous employer, and how much less expensive it was than the coverage they are currently being offered?

You may think ”If it was so good, then why give it up?” There are always a number of factors that can lead to someone making a job change, but what happens when COBRA becomes a part of the negotiating process when they are working out the terms of employment with the new company?

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Topics: employee benefits, COBRA, ERISA, Elizabeth Kay, COBRA continuation coverage, health care benefits