October 07, 2019
New York State has added mandates applicable to Health Insurance plans starting in 2020. These changes affect out-of-pocket maximums, mental health benefits, substance abuse benefits and fertility services covered in...
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September 06, 2019
Health insurance rates for the 1st quarter of 2020 are expected to be released in the coming weeks and most employers renew their medical and prescription benefit plans on January...
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September 04, 2019
The New York State Department of Financial Services (DFS) has released the 2020 premium rate for Paid Family Leave (PFL). The 2019 rate of .153% of gross wages will be...
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August 15, 2019
The IRS has loosened the rules on Health Savings Accounts (HSA) to allow greater distribution flexibility. Qualified High Deductible Health Plans (QHDHP) must apply all medical and prescription services towards the...
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August 15, 2019
Employers with over fifty (50) full-time equivalent employees (FTE) are still required by the Affordable Care Act (ACA) to provide eligible employees ‘Affordable’ and ‘Qualified’ health insurance based on federal...
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May 28, 2019
The IRS has released Revenue Procedure 2019-25 notifying Health Savings Account owners of the funding and deductible limits effective January 1, 2020. Annual HSA Contribution Limits Single – $3,550 ($50 increase...
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April 17, 2019
The American Medical Association (AMA) released the results of a study conducted from January, 2015 through August, 2016 that evaluated 160 work sites and over 32,000 employees throughout the U.S....
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March 25, 2019
How much do you really spend on health care? Most of us think in terms of what our out-of-pocket costs are; deductibles, co-pays and premium contribution. Peterson-Kaiser created a unique...
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March 25, 2019
As health insurance rates continue to increase, having more than doubled over the past ten years, more employers are evaluating the option of purchasing a “Bronze” level plan. These are...
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November 26, 2018
On November 5th, 2018 New York Governor Andrew Cuomo signed the Living Donor Protection Act. In doing so, the benefits of Paid Family Leave are now extended to organ and...
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