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On-site Health Clinics – Impact on HSA Eligibility

On-site, employer-sponsored health clinics are growing in popularity as employers look for ways to manage health care costs and as employee wellness becomes a higher … See more

Actived: 8 days ago

URL: https://www.horstinsurance.com/news-and-blog/site-health-clinics-impact-hsa-eligibility/

Affordable Care Act: 2024 Compliance Checklist Horst Insurance

WEBTo prepare for 2024, employers should review these ACA requirements and develop a compliance strategy. Employers should ensure that their health plan …

Category:  Health Go Health

Health Savings Accounts (HSAs) – Q&As from the IRS

WEBThe basic rules for HSAs are contained in Internal Revenue Code (Code) Section 223. Since Code Section 223 was enacted in 2003, the Internal Revenue …

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Rating Restrictions for Health Insurance Premiums

WEBThe final rule specifies the following standard age bands for use in all states and markets subject to the ACA’s premium rating restrictions: Children: A single age …

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Understanding Medical Trend and Impact on Rates

WEBHealth care costs are expected to grow 7% in 2024 due to rising pharmaceutical expenses and insurers increasing rates in response to inflation, …

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Key Health Plan Notice Updates for 2023, 2024 and Beyond

WEBKey Health Plan Notice Updates for 2023, 2024 and Beyond. Posted March 20, 2024. Employers should be aware of updates to several model notices that can be …

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ACA Violations—Penalties and Excise Taxes Horst Insurance

WEBAmount of Tax. The penalty for not complying with the ACA’s group health plan reforms is generally $100 per day, per individual, per violation, subject to the …

Category:  Health Go Health

OSHA’s FAQs on the GHS Hazard Communication Standard

WEBIn 2012, the Occupational Safety and Health Administration (OSHA) updated these requirements to align OSHA’s Hazard Communication Standard (HCS) …

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Understanding FMLA Leave for Mental Health Conditions

WEBThe FMLA provides job-protected leave for eligible employees of covered employers for their own or a family member’s serious health condition. To be eligible, an …

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Workplace Wellness Plan Design – Legal Issues Horst Insurance

WEBHowever, there are a number of legal compliance issues that are involved with designing workplace wellness plans. Wellness plans must be carefully structured to …

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Employers Expect Major Increases to Health Care Costs in 2023

WEBThe International Foundation of Employee Benefit Plans reported that employers anticipate a 7.5% median increase in medical plan costs in 2023. An analysis …

Category:  Medical Go Health

Why Promote Wellness Horst Insurance

WEBWhy Promote Wellness. Posted September 14, 2016. According to a 2015 study by the Kaiser Family Foundation and the Health Research and Education Trust, …

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Health Savings Account (HSA)

WEBAlso, all HSA contributions, except rollover contributions, must be made in cash. For example, HSA contributions cannot be made in stock or other property. Keep …

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Health Savings Account (HSA) – Distribution Rules

WEBA health savings account (HSA) is a trust or account used to pay medical expenses that a high deductible health plan (HDHP) does not pay. HSAs offer triple tax …

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Independent Insurance Agency Personal & Commercial Insurance …

WEBAs an independent insurance agency, we have access to more than 30 insurance carriers to design a personal insurance program that is as unique as you are, and at an affordable …

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5 Ways HR Can Support Employees’ Mental Health

WEBHere are five simple ways that your company can support employees and their mental health. Promote Mental Health Awareness in the Office. The first step to …

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Taxability of Wellness Program Rewards Horst Insurance

WEBCoverage under an employer-provided wellness program that provides medical care is generally nontaxable, and any medical care that is provided by the …

Category:  Medical Go Health

Health Plans Must Expand Price Comparison Transparency Tool

WEBBeginning in 2024, group health plans and health insurance issuers must expand the internet-based price comparison tool they make available to participants, …

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Self-insured Health Plans

WEB7 Self-insured Health Plans | Provided by Horst Insurance Greater risk—The main risks of self-insuring involve situations where claims are higher than anticipated. While stop-loss …

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Required New York State Notice – Health Insurance Clients

WEBRequired New York State Notice – Health Insurance Clients. Posted April 21, 2020. Please click on the link below to view the Required New York State Notice for …

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