CorpStrat

FEBRUARY 22, 2023

Healthcare costs have risen faster than inflation. In 2023, having some money set aside to cover these out-of-pocket costs is critical for most employees. For 2023, the FSA limit has increased to $3,050 for an individual and $5,000 for a family. Double dipping. Is it allowed and what are the rules?

Flexible Spending Account 52

Flexible Spending Account Out of Pocket Cost Flexible Spending Deductions 52

Higginbotham

NOVEMBER 28, 2022

Employers and employees alike are looking for ways to make health care more affordable. Unlike Flexible Spending Accounts (FSAs), which are owned by employers, individuals own HSAs. CMS says the contribution limit in 2023 is $3,850 for self-only coverage and $7,750 for family coverage. Who can own an HSA?

Health Savings Account 52

Health Savings Account Out of Pocket Cost Deductions Deductible 52

HR Professionals Magazine

MARCH 2, 2022

While these changes may not be top-of-mind at the moment, it is critical employers understand them and take steps to comply when appropriate. A series of new requirements are going into effect aimed at increasing transparency in health coverage with the hope of lowering costs and eliminating surprise medical bills for consumers.

Out of Pocket Cost 52

Out of Pocket Cost Flexible Spending Account Deductions Deductible 52