IRS Allows Mid-Year Changes to Health Plans, FSAs

The IRS has loosened restrictions on employees who want to make changes to their group health plans and flexible spending accounts (FSAs) in the middle of the policy year. IRS rules are typically stringent and rigid, barring changes from being made to health plans except during open enrollment. Under the new rules, the employer would [...]

By | 2020-06-09T13:41:57-07:00 June 9th, 2020|Uncategorized|0 Comments

New Directives Order Price Transparency, FSA Changes

President Trump has issued a multi-faceted executive order to reduce costs and increase pricing transparency in the health care and insurance system. The parts of his order that could affect benefits that are part of employer-sponsored plans include: Helping people with chronic conditions The order directs the Treasury Department to issue guidance that can help [...]

By | 2019-10-29T09:41:39-07:00 October 29th, 2019|Uncategorized|0 Comments