preventive care Archives - Employee Benefits I AP Benefit Advisors

IRS HDHP-HSA Plans May Cover Coronavirus Costs as Preventive Care

Today, in IRS Notice 2020-15, the Internal Revenue Service advised that HDHPs (High-Deductible Health Plans) can pay for 2019 Novel Coronavirus (COVID-19)-related testing and treatment, without jeopardizing their status. This also means that an individual with an HDHP that covers these costs may continue to contribute to a health savings account (HSA).   In Notice […]

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IRS Expands List of Preventive Care for HSA Participants

Please note:  In prior guidance, the IRS/Treasury have not included preventive care services or benefits meant to treat an existing condition.  With Notice 2019-45 that is changing for the better. Important Factors:   Under a notice issued Wednesday, July 17, 2019, HDHP enrollees can deduct contributions to a HSA (Health Savings Account) for some care […]

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The Uncertain Future for HSAs in Maryland

November 9, 2017 – Introduction:  In the 2016 the MD General Assembly passed the States Contraceptive Equity Act to prevent discrimination in insurance coverage for male and female contraception. That law is set to become effective on January 1, 2018, and required health benefit plans to provide coverage for male sterilization without applying a copayment, […]

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DOL: Affordable Care Act Implementation FAQs, Part 26

Set out below are additional Frequently Asked Questions (FAQs) regarding implementation of the Affordable Care Act. These FAQs have been prepared jointly by the Departments of Labor (DOL), Health and Human Services (HHS), and the Treasury (collectively, the Departments). Like previously issued FAQs (available at http://www.dol.gov/ebsa/healthreform/ and http://www.cms.gov/cciio/resources/fact-sheets-and-faqs/index.html), these FAQs answer questions from stakeholders to […]

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Top Wellness, Preventive, & Benefits Administration Blogs

Over the last few months at AP Benefit Advisors, LLC, we’ve covered a number of pertinent topics in the fields of workplace wellness, preventive care, and benefits administration. Strategies for improving employee wellness and employee benefits serve to increase company productivity and morale, entice prospective employees, and control your costs. Here are a few of […]

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