by admin | Jul 23, 2019 | Health Savings Accounts, Obamacare
The Treasury Department and IRS added treatments for a range of chronic conditions to the list of preventive-care benefits for which a high-deductible health plan (HDHP) can pay—even if a plan enrollee’s health care spending hasn’t surpassed the plan... by admin | Jun 14, 2019 | Healthcare Reform, Insurance News, Uncategorized
The Trump administration is expanding options for employers to use special accounts to help workers buy their own health insurance, upgrade job-based coverage, or choose low-cost plans with limited benefits, officials said Thursday. The tax-free individual accounts... by admin | Mar 26, 2019 | Healthcare Reform, Insurance Laws, Obamacare, Politics, Uncategorized
(Bloomberg) — The Trump administration is hardening its legal position toward Obamacare, arguing now the entire law is unconstitutional in a shift that promises to bring the issue to the forefront of the 2020 election campaign. The position is a change for the Justice... by admin | Mar 16, 2019 | Flexible Spending Accounts, Health Savings Accounts, Uncategorized
A screenshot of Amazon’s FSA/HSA storefront KEY POINTS Amazon will now accept consumers’ health savings and flexible savings accounts. That allows people to contribute a portion of their salary or wages, before taxes, to cover medical expenses that would... by admin | Dec 5, 2018 | Health Savings Accounts
The IRS has announced 2019 HSA contribution limits as part of the release of Revenue Procedure 2018-30. The limits are: HSA 2018 2019 Self-only HSA contribution limit $3,450 $3,500 Family HSA contribution limit $6,900 $7,000 In 2019,... by admin | Nov 30, 2018 | Illinois Health Insurance Exchange, Illinois Health Insurance Laws, Insurance News, Obamacare
Illinois lawmakers have taken steps to limit the maximum duration of short-term medical plans (STM plans) to 180 days. Earlier this year, Gov. Bruce Rauner vetoed a bill that would apply this limitation, but Illinois lawmakers had enough votes to override that veto....