Remove 2021 Remove Employee Enrollments Remove Flexible Spending Remove Taxes
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2022 Health Insurance Outlook, Changes

InterWest Insurance Services

As we enter 2022, there are a number of changes on the horizon that plan sponsors need to be aware of as they will affect group health plans as well as employees enrolled in those plans. 31, 2021, and for plan years that start on or after Jan. That comes to an end Dec. That’s a change from the prior threshold of 250.

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HR Professionals… What’s Your Problem?

Benefit Resource Inc.

As a result, more than 55% of Americans were enrolled in HDHPs in 2021, a new record. An additional tool can be pairing an HSA-HDHP with a Limited Flexible Spending Account (or Limited FSA). Employees can use two tax-advantaged accounts to cover many primary eligible expenses.

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FSAs, HSAs, HRAs: What employers need to understand

Business Management Daily

Almost all health plans offer add-on accounts — health flexible spending accounts, health savings accounts, or health reimbursement accounts. You need to know how these accounts differ so you can communicate about them to employees. Health flexible spending accounts. Here are the basics.

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FSA eligible expenses — what purchases count?

Business Management Daily

Flexible Spending Accounts allow employees to set aside pre-tax dollars from their paycheck to use for medical or dependent care expenses. These funds are placed in an FSA account that employees can use to pay for eligible expenses. They may also divide the unused fund among all employees enrolled in the FSA plan.