HDHP Archives - Page 2 of 2 - Employee Benefits I AP Benefit Advisors

HHS Releases 2018 Benefit Parameters

The U.S. Department of Health and Human Services (HHS) has released proposed regulations that include 2018 benefit parameters and payment measures. These are scheduled to be published in the Federal Register on September 6, 2016. While this grouping of proposed rules is mostly for insurance carriers, and includes risk adjustment and revised actuarial value methodology, […]

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HSA Questions & Answers

1. Why is having a High Deductible Health Plan (HDHP) a requirement for having a Health Savings Account (HSA)? Being covered by an HDHP is to avoid the situation where the taxpayer could get a large deduction for an HSA contribution and then not need it to pay for medical expenses because they had either […]

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Updates from the IRS, DOL and HHS – 2017 HSA Limits and More. Agencies Provide Guidance on Preventive Services, Rescissions, Mental Health Parity, and More

As April began to close out, the DOL, HHS, and IRS jointly issued FAQs with guidance on several health care reform requirements, along with mental health parity and the Women’s Health and Cancer Rights Act (WHCRA). Here are the highlights in order of the Questions and Answers. Preventive Services (Questions/Answers 1 & 2).  Q/A-1 confirms […]

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IRS Releases 2016 HSA Limits & Specifications

IRS Rev. Proc 2015-30 – increases the Health Savings Account (HSA) maximum annual contribution for 2016 by $100 for families and leaves the single (Employee-Only) contribution at 2015’s level. Corresponding health plans remain the same. The corresponding HDHP plan (per IRC 223(c)(2)(A)) must be a health plan with an annual deductible that is not less […]

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HHS Explains Application of Annual Cost-Sharing Limit to Family HDHP Coverage

From EBIA HHS has posted an FAQ explaining how the annual cost-sharing limit under healthcare reform will affect high-deductible health plan (HDHP) coverage. In the preamble to final 2016 parameters regulations issued last month, HHS established that the cost-sharing limit for self-only coverage should apply to all covered individuals, whether or not they are covered […]

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Misconceptions About High Deductible Health Plans and HRAs, HSAs, FSAs and Fully Insured Supplements

Join AP Benefit Advisors Senior Counsel, Patrick Haynes, as he reviews High Deductible Health Plans (HDHPs), HRAs, HSAs, FSAs and Fully Insured employee or employer paid supplements to these high deductible health plans. What are the exposures, the risks, the Cadillac taxes and the costs relating to these plans? Should the strategy be complete replacements, […]

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Webinar: HDHPs – Complete Replacement, Additional Offering, Solution to The Cadillac Tax?

Join AP Benefit Advisors Senior Counsel Patrick Haynes as he reviews High Deductible Health Plans (HDHP). Are these plans complete replacements, or should they be used as an additional offering? First introduced over 10 years ago, HDHPs (often coupled with HSAs) continue to gain traction among employers as a viable way to cost share health insurance […]

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IRS Releases 2014 HSA Limits

Breaking news!   The Internal Revenue Service has just released the 2014 cost-of-living-adjusted HSA limits.  The following takes effect for calendar year 2014. Annual contribution limits $50 increase (EE Only): The annual limitation on deductions for an individual with employee-only coverage under a high deductible health plan (HDHP) is $3,300 — up $50 from 2013. $100 […]

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IRS Releases 2013 HSA Limits

Breaking news!   The Internal Revenue Service has just released the 2013 cost-of-living-adjusted HSA limits.  The following takes effect for calendar year 2013. Annual contribution limits $150 increase (EE Only): The annual limitation on deductions for an individual with employee-only coverage under a high deductible health plan (HDHP) is $3,250 — up $150 from 2012. $200 […]

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