Yes. The ACA’s out-of-pocket limit applies to all plans that provide minimum essential coverage (and all group health plans provide…
Author Eric Johnson
Same answer as large employers: preventive care. While plans sold in the small group market must cover the essential health…
The primary reason for a small employer to choose a level-funded plan is to avoid the modified adjusted community rating…
Level-funded plans are self-funded plans in which the employer contributes the maximum liability each month. This is the most common…
Starting in 2013, the IRS caps the amount that can be contributed to a Flexible Spending Account at $2,500 per…
All qualified expenses incurred AFTER the HSA is open/established are eligible for payment with tax-free dollars. These expenses don’t have…
If a husband and wife are covered under a family high deductible health plan, they can open one or two…
Long form 1040 (not 1040EZ) Form 8889 To complete form 8889, the account holder will use: Account holders will receive…
The last month rule says that individuals who are HSA-eligible on the first day of the last month of the…
Generally, these are expenses that can be paid with tax-free dollars through an account like an HRA, FSA, or HSA.…