IRS Allows HDHPs to Pay for COVID-19 Testing, Treatment Pre-Deductible

The IRS has issued new emergency guidance that allows insurers to waive the cost of coronavirus testing and treatment for individuals who are enrolled in high-deductible health plans (HDHPs). Major health insurers report they've been concerned that if they can make the change to their high-deductible plans without breaching IRS regulations regarding such plans. Specifically, [...]

By | 2020-04-14T10:26:03-07:00 April 13th, 2020|Uncategorized|0 Comments

New Health Savings Account, HDHP limits for 2020

The IRS has announced new health savings account contribution maximums for the 2020 health insurance plan year. Employees who have an HSA linked to a high-deductible health plan (HDHP) will be able to contribute to their HSA up to a certain level to help pay for health care and pharmaceutical expenses. Funds going into your [...]

By | 2019-08-13T12:18:48-07:00 August 13th, 2019|Uncategorized|0 Comments

Helping Your Staff Get the Most from Their HSA Plans

As more employers adopt high-deductible health plans, which leave their employees with more “skin in the game,” it’s important that you educate them on how to get the most out of the attached health savings accounts. Unfortunately, your employees may not be using the funds in their HSAs as efficiently as they should, and they [...]

By | 2019-05-07T17:27:10-07:00 May 7th, 2019|Healthcare|0 Comments

HDHP Enrollees More Likely to Consider Costs and Quality

A new study has found that people enrolled in high-deductible health plans (HDHPs) actually are more likely to consider costs and quality when considering non-emergency care. The 14th annual “Consumer Engagement in Health Care” study by the Employee Benefits Research Institute and market research firm Greenwald & Associates surveyed 2,100 adults, most of whom receive [...]

By | 2019-06-04T09:56:51-07:00 April 16th, 2019|Healthcare, Uncategorized|0 Comments