2020 Deductions Health Insurance Health Savings Account 
Joe Markland
OCTOBER 11, 2020
Over the past 6 years I have published several articles on the need to personalize health insurance (and get the employer out of the way) by making an individual insurance policy tax deductible. First, I will say that employers are over-buying insurance for most employees.
PeopleKeep
OCTOBER 26, 2020
The percentage of workers covered under HDHP plans has increased from four percent of all employer-sponsored health insurance plans in 2006 to 31 percent in 2020.
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InterWest Insurance Services
MARCH 4, 2022
As rising health insurance premiums and out-of-pocket costs for health care are burdening workers, more employers are looking for ways to help their staff put aside money for those expenses. Fortunately, there is another option: a health reimbursement arrangement (HRA). Qualified medical expenses. How HRAs work.
InterWest Insurance Services
JANUARY 27, 2023
Recent studies have highlighted an alarming trend in American health care: More and more people are struggling with medical bills and many are delaying care due to high costs. That’s up from 26% in 2020 and 2021. For employees in high-deductible health plans, the costs can be steep.
InterWest Insurance Services
JUNE 2, 2023
Employers offer flexible savings accounts and health savings accounts to their employees so they can build up funds with pre-tax dollars to pay for health care and related expenses. As a result, while employees with HSAs are not pressured to spend funds in their accounts every year, those with FSAs are.
Higginbotham
JUNE 9, 2023
P CORI Fees Due July 31, 2023 The Affordable Care Act (ACA) requires health insurance issuers and self-insured plan sponsors to pay Patient-Centered Outcomes Research Institute fees (PCORI fees). As a result, these fees will continue to apply for the 2020-2029 fiscal years. February 2022 July 31, 2023 $2.79
AssuredPartners
JANUARY 12, 2022
On January 10, 2022, the Biden Administration announced new guidance that will require group health insurance plans and insurers to cover the cost of Over-The-Counter, at-home COVID-19 tests (OTC COVID tests) beginning on January 15, 2022. This guidance applies to both fully-insured and self-funded plans. Both the U.S.
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