The Congressional Research Service (CRS) released its most recent report describing high deductible health plans and health savings accounts (HSAs). The report also provides an overview of HSA rules, qualifications and 2025 plan limits. This article summarizes the main findings of the CRS’ HSA report.
Key Takeaways From the Congressional Report on HSAs|
Question of the Week
|
||||||||
|
MARCH 12, 2025
|
||||||||
|
||||||||
|
|
Question of the Week
|
|||
|
FEBRUARY 19, 2025
|
|||
|
|||
|
Read more: Link
This Q&A does not constitute legal advice and does not address state or local law.
Read moreStaying compliant in today’s ever-changing HR landscape can be daunting, but it doesn’t have to be. That’s where our HR Assessment comes in—a simple yet effective tool to evaluate your company’s HR and compliance health. This month, join our expert, Jenny, as we explore how this tool can help you uncover risks, identify gaps, and get actionable recommendations to ensure your business stays on track.
Date: February 12th, 2025
Time: 11:00 AM CT
Register: Link
Read moreQuestion:
What is a total compensation statement?
Answer:
A total compensation statement is a document that provides employees with a view of their compensation beyond just wages or salary. It’s meant to give employees a complete picture of what the company has invested in them. It details not only base pay but also bonuses, paid time off, health and wellness benefits, retirement program matching, and any other perks that are funded by the employer.
Read more: Link
Read moreOn Jan. 14, 2025, federal agencies rescinded a proposed rule from October 2024 that would have expanded the ACA’s coverage mandate for contraceptives. Most notably, the proposed rule would have required most health plans and health insurance issuers to cover OTC contraceptives without imposing cost sharing. This Legal Update explains further.
Federal Agencies Withdraw More Proposed Changes to ACAs Contraceptive Coverage MandateOn Dec. 27, 2024, the U.S. Department of Health and Human Services (HHS) released a proposed rule that would modify the HIPAA Security Rule to strengthen cybersecurity protections for electronic protected health information (ePHI). This Legal Update summarizes the proposed changes.
HHS Proposes Changes to HIPAA Security Rule to Strengthen Cybersecurity for Electronic PHIOn Dec. 23, 2024, federal agencies rescinded a proposed rule from February 2023 that would have eliminated an exemption to the ACA’s contraceptive coverage mandate for employers who objected to such coverage based on nonreligious moral objections. This Legal Update explains further.
Biden Administration Rescinds Proposed Changes to Contraceptive Coverage MandateThe IRS has released Notice 2024-83, which provides the adjusted PCORI fee amount for plan years ending on or after Oct. 1, 2024, and before Oct. 1, 2025. Employers with self-insured health plans must pay the PCORI fee by July 31, 2025. This Legal Update provides an overview of the updated PCORI fee.
PCORI Fee Amount Adjusted for 2025