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Category: "Consumer-driven Health Plans"

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09/04/19

Have an FSA or HRA Account? Remember to Submit Reimbursement Requests

Hard as it may be to believe, 2019 is two-thirds of the way over, and the holiday season will be here before we know it.  Before things get too busy, now would be a good time to double-check your recent health care expenditures and see if you have any… more »

06/04/19

IRS Announces 2020 HSA Inflation Adjustments

The IRS has announced its annual cost-of-living adjustments affecting health savings accounts (HSAs) for calendar year 2020. The annual limit on deductible contributions to an HSA will go up by $50 for individual coverage and $100 for families next… more »

03/07/19

FSA/HRA Reimbursement Request Deadline is March 31

A few reminders for MedBen clients who offer flexible spending accounts (FSAs) and/or health reimbursement arrangements (HRAs) to their plan members: For most FSA and HRA plans that have a January effective date, March 31, 2019 is the final day of… more »

12/16/18

Holiday Hours and Friendly Reminders

The staff of MedBen wishes you a very merry Christmas! MedBen will be closed on Monday, December 24 and Christmas Day, and reopen at 8:00 a.m. EST on Wednesday, December 26. Remember that if you need assistance with your health plan when MedBen is… more »

11/26/18

  03:57:00 pm, by MedBen5   , 214 words,  
Categories: Announcements, News, Consumer-driven Health Plans, Flexible spending accounts (FSAs)

FSA Contribution Maximum Gets Small Raise in 2019

The Internal Revenue Service (IRS) has announced the annual inflation adjustment for flexible spending accounts (FSAs) for the 2019 tax year. As has been the case in previous years, contribution limits will see only modest increases or remain unchanged.… more »

10/30/18

Proposed Regulations Would Again Allow Stand-Alone HRAs

On October 23, the Department of Labor (DOL), Treasury Department and Department of Health and Human Services (HHS) released proposed regulations which will expand the use of health reimbursement arrangements (HRAs) by employers. If approved as written,… more »

07/01/18

MedBen Closed On July 4th, but MedBen Access Stays Open

Happy Independence Day from MedBen! In observance of the holiday, our home office will be closed on Wednesday, July 4 and reopen at 8:00 a.m. on Thursday, July 5. Hopefully your day off is all about cookouts with friends & family and community… more »

05/20/18

MedBen Closed Memorial Day, But We're Open Online 24/7

The staff of MedBen want to wish you and your family a happy and safe Memorial Day! Our home office will be closed on Monday, May 28 in observance of the holiday. We will reopen at 8:00 a.m. Tuesday, May 29. During this time, please remember that… more »

05/18/18

  07:36:00 pm, by MedBen5   , 182 words,  
Categories: Announcements, News, Consumer-driven Health Plans, IRS, Health savings accounts (HSAs)

IRS Announces 2019 HSA Inflation Adjustments

The IRS recently announced its annual cost-of-living adjustments affecting health savings accounts (HSAs) for calendar year 2019. The annual limit on deductible contributions to an HSA will jump by $50 for individuals and $100 for families next year.… more »

05/08/18

MedBen Turns 80 Today

May 8 marks MedBen’s 80th Anniversary. Originally Hospital Service Association (HSA) of Licking County, we started out with two employees and a goal to provide employers and individuals with affordable health care coverage. And while our numbers have… more »

03/09/18

2018 Family HSA Contribution Maximum Reduced

Due to a change in cost-of-living increases as calculated under last year's tax reform bill, the IRS has released new recalculated maximums for family health savings account (HSA) contributions for 2018. This year's previously announced family HSA limit… more »

02/25/18

2017 FSA/HRA Reimbursement Request Deadline Is March 31

A few reminders for MedBen clients who offer flexible spending accounts (FSAs) and/or health reimbursement arrangements (HRAs) to their plan members: For most FSA and HRA plans that have a January effective date, March 31, 2018 is the final day of… more »

11/19/17

While MedBen Closes for Thanksgiving, Online Services Always Open

As the usual end-of-year festivities ramp up, the staff of MedBen would like to take this opportunity to wish you and yours a fun and stress-free holiday season. While MedBen pauses to observe Thanksgiving Day, our offices will be closed on Thursday,… more »

10/27/17

  07:25:00 pm, by MedBen5   , 214 words,  
Categories: News, Consumer-driven Health Plans, Flexible spending accounts (FSAs)

IRS Bumps Up Health FSA Contribution Maximum

The Internal Revenue Service (IRS) has announced the annual inflation adjustment for flexible spending accounts (FSAs) for the 2018 tax year. As has been the case in previous years, contribution limits will see only modest increases or remain unchanged.… more »

05/30/17

IRS Announces 2018 HDHP Deductible, Out-of-Pocket Limits

As is the case every spring, the Internal Revenue Service (IRS) has released its guidance regarding the limitations for high deductible health plans (HDHP) for the coming calendar year. Rev. Proc. 2017-37 announces the limits that will apply to any HDHP… more »

05/26/17

MedBen Closed Memorial Day... But We're Open Online!

The staff of MedBen want to wish you and your family a happy and safe Memorial Day weekend! Our home office will be closed on Monday, May 29 in observance of the holiday. We will reopen at 8:00 a.m. on Tuesday, May 30. Should you need claims and… more »

05/04/17

Check Your Compliance with HSA and HDHP Requirements

Health savings accounts (HSAs) are becoming more and more popular as a vehicle to empower health savings and lower premium costs, but the related regulations – particularly those pertaining to the associated high deductible health plan (HDHP) – can be… more »

03/10/17

March 31st an Important Date for Many FSA/HRA Plan Members

A few reminders for MedBen clients who offer flexible spending accounts (FSAs) and/or health reimbursement arrangements (HRAs) to their plan members: For most FSA and HRA plans that have a January effective date, March 31, 2017 is the final day of… more »

12/18/16

  11:05:00 pm, by MedBen5   , 290 words,  
Categories: Announcements, Wellness, Consumer-driven Health Plans, Online Services

Holiday Hours and Year-end Reminders

The MedBen team wishes you and yours a happy holiday season! Our home office will be open regular hours (8:00 a.m. to 5:00 p.m. EST, with customer service available until 6:30 p.m. EST) on Friday, December 23. We will be closed on Monday, December 26… more »

11/20/16

Thanksgiving Observances and Online Services

Happy Thanksgiving from the staff of MedBen! We hope that you and your family have a fun, safe, and relaxing holiday. To observe the holiday, MedBen will be closed on Thursday, November 24 and Friday, November 25. We will reopen at 8:00 a.m. on Monday,… more »

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