April 27, 2012 The IRS released the 2013 inflation adjustments for HSAs. 2013 Annual Contribution Limit: Single coverage: $3,250 (up from $3,100 in 2012) Family coverage: $6,450 (up from $6,250 in 2012) 2013 Minimum Deductible for HDHP: Single coverage: $1,250 (up from $1,200 in 2012) Family coverage: $2,500 (up from $2,400 in 2012) 2013 Maximum [...]
Rev. Proc. 2012-26 SECTION 1. PURPOSE This revenue procedure provides the 2013 inflation adjusted amounts for Health Savings Accounts (HSAs) as determined under § 223 of the Internal Revenue Code. SECTION 2. 2013 INFLATION ADJUSTED ITEMS Annual contribution limitation. For calendar year 2013, the annual limitation on deductions under § 223(b)(2)(A) for an individual with [...]
Notice 2012-31 describes and requests comments on several possible approaches to determining whether health coverage under an eligible employer-sponsored plan provides minimum value. Beginning in 2014, eligible individuals who purchase coverage under a qualified health plan through an Affordable Insurance Exchange may receive a premium tax credit under § 36B only if they are not [...]
NAHU Newswire CBO: 20 Million Could Lose Employer-Based Health Insurance As A Result Of ACA. According to a CBO report released Thursday, as many as 20 million Americas could lose employer-based healthcare coverage as a result of President Obama’s healthcare reform law. The Hill (3/16, Pecquet) reports in its “Healthwatch” blog that the CBO says [...]
From the KT Health and Welfare Team: This morning HHS, DOL and Treasury announced two important rules – final SBC regulations and additional information regarding the automatic enrollment and employer penalty requirements. Summary of Benefits and Coverage (SBC) As noted during a prior update, the agencies have delayed the application of the final SBC rules [...]
Technorati Tags: Preventative care,Obama Administration,Health Insurance By Jerry Geisel Business Insurance WASHINGTON-Health care reform regulations issued Wednesday by the Obama administration make clear that employers will be able to continue to impose cost-sharing requirements on preventive services employees receive from out-of-network providers. Under the new law, beginning Jan. 1, 2011, employers with calendar-year plans will [...]
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