Health Insurance Tax Repeals
December 27, 2019
As the year comes to a close most of us are thinking about enjoying the Holidays, wrapping up 2019 and the decade of the 10’s, and planning for 2020. U.S....
Read MoreSurprise Bill Law Enhancement
November 04, 2019
On October 17th, 2019 Governor Cuomo signed legislation protecting patients from excessive emergency room charges relating to a patient receiving services from an out-of-network provider. The Legislation (S.3171/A.264B) improves the...
Read MoreDFS “Skinny” Plan Press Release
October 07, 2019
On October 2nd, 2019 the New York State Department of Financial Services (DFS) released a statement reminding New Yorkers that limited duration health insurance plans cannot be legally sold in...
Read More2020 NYS Health Plan Mandates
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...
Read More2020 Health Insurance Rates
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...
Read More2020 Paid Family Leave Premium Release
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...
Read MoreHSA and Preventive Care
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...
Read MoreACA Employer Mandate: Affordability Limits
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...
Read More2020 HDHP/HSA Limits
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...
Read MoreWorkplace Wellness Programs: Do they Work?
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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