The following table is a comparison tool for employers including what you need to know about the changes in 2024 Benefit Plan Limits. [1] Revenue Procedure 2023-23; Revenue Procedure 2023-34; IRS Notice 2023-75 [2] Includes both employee and employer contribution amount limits. [3] Including deductibles, copayments and other amounts, but excluding premiums. [4] The Affordable Care Act (ACA) […]
Employee Benefits
How to Safeguard Your Holiday Online Shopping
As the holiday season approaches, the allure of online shopping beckons with its convenience and vast array of gift options. Amidst the excitement of browsing virtual aisles, it’s crucial to remember the importance of cybersecurity practices. With the rise of cyber threats and the increasing sophistication of hackers, safeguarding your personal information and financial details […]
Download our FREE Medicare Coordination of Benefits!
Medicare is a complex program and can sometimes be confusing. When you are new to Medicare, the best place to start is familiarizing yourself with the differences between Medicare and the health insurance you may have currently. Learn what makes you Medicare-eligible, the different parts of Medicare and what those parts cover, times when you […]
New PCORI Fee Amount Announced
The Internal Revenue Service (IRS) recently issued Notice 2023-70, increasing the fees paid by group health plans to fund the Patient-Centered Outcomes Research Institute (PCORI). Read more on how these new PCORI fee structure may affect you HERE.
Five Employee Benefits Cost Mitigation Strategies to Explore Now
Needing to explore cost mitigation can be stressful when trying to achieve the right balance between the costs of benefits against employee expectations and talent acquisition needs. Including the perspectives of both your CHRO and CFO is especially important here. Read the full article HERE for five strategies to looking at cost mitigation through an […]