Consumer-Driven Accounts
In October of 2017, President Donald Trump issued an executive order which was entitled “Promoting Healthcare Choice and Competition Across the United States.” The executive order instructed regulatory agencies to focus on three initiatives:
Flexible Benefit Service LLC (Flex) offers debit cards as a reimbursement option with several different Health Reimbursement Arrangement (HRA) plan designs.
Posted June 13th, 2018 in Employers
The Society for Human Resource Management (SHRM) is holding their annual conference and exposition in Chicago from June 17-20.
Posted November 1st, 2016 in Producers, Employers, Individuals
The 2017 contribution and reimbursement limits for consumer-driven accounts (CDAs) are now available and have been provided below:
Health Care Flexible Spending Account (Health Care FSA)
The salary reduction limit is $2,600 ($50 increase from 2016) for the 2017 plan year. Employers may also contribute the greater of $500 or up to a dollar-for-dollar match of the employee’s salary reduction. The maximum carryover amount remains unchanged at $500.
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