LSA FAQs
Lifestyle Spending Accounts (LSAs) have been used successfully in other countries for some time now but are relatively new to…
Blog
HSA FAQs
Health Savings Accounts are increasing in popularity due to participants’ ability to reduce healthcare expenses, save on taxes, and put…
HSAs and Workplace Wellness
Companies looking to reduce health plan costs while maximizing employee quality of life may want to consider coupling a workplace…
5 Ways to Control Rising Benefit Costs
Healthcare costs in America have risen significantly since the 1970s, leading many employers to expect modest yearly cost increases in the…
HSA Contribution Limits Announced
The Internal Revenue Service (IRS) recently announced updated HSA annual contribution limits. An important part of consumer-directed healthcare, HSAs offer…
Four Generations, One Workforce: Creating a Benefits Program for All
Americans live and work longer, leading to a four-generation workforce in different life stages and with differing needs. Creating a…
IRS Confirms Claim Substantiation Requirements
In a recent memorandum (TAM 202317020) from the Office of Chief Counsel, the IRS addressed claims substantiation requirements for reimbursement…
How Does Medicare Affect HSA Usage?
Qualified High Deductible Health Plan (HDHP) participants can use Health Savings Accounts (HSAs) to help cover their deductible responsibility. But…
Summer Camps and DCFSAs
Thanks largely to COVID, summer camps have been widely unavailable for the last couple of years. It's very welcome news…
Guide to Investing Your HSA Account for Growth
The following infographic, "A Guide to Investing Your HSA Account for Growth", provides an overview of Health Savings Account (HSA)…
Employer-Sponsored Insurance: Still Number One
The Commonwealth Fund recently issued a brief on "What Employers Say About the Future of Employer-Sponsored Health Insurance." American employers…
HRA and HSA At the Same Time? Yes!
Healthcare spending accounts, such as Health Reimbursement Arrangements (HRAs) and Health Savings Accounts (HSAs), help individuals and families pay for…
FAQs About COVID-19 National Emergency End
The Biden Administration is currently expected to end the COVID-19 National Emergency on May 11, 2023. In preparation, the departments…
BPO: What Is It and How Can It Help TPAs?
Business Process Outsourcing, or BPO, is the hiring of external vendors to complete tasks requiring additional expertise, personnel, or both.…
HDHPs and Wellness Programs
According to Kaiser Family Foundation, the average premium for family health plan coverage increased by 47% between 2011 and 2021. In…