HSA Update for 2013

The IRS recently announced the health savings account rules and requirements for 2013.
The HSA contribution limits and out-of-pocket maximums have been increased. Also, the minimum required deductibles have increased.
2013 HSA Contribution Limits

Individuals (self-only coverage) - $3,250 (up $150 from 2012)
Family coverage - $6,450 (up $200 from 2012)

HDHP minimum required deductibles

$1,250 for self-only coverage
$2,500 for family [...]

February is National Children’s Dental Health Month

February 2012 marks the 63rd anniversary of National Children’s Dental Health Month. If you have a baby or toddler, you may have questions about thumb sucking, your child’s first dental visit or how and when to clean your child’s teeth. This annual observance is a great time for parents to learn more about ways to [...]

Ease Stress to Improve Heart Health

February is Heart Month, sponsored by the American Heart Association. This month, focus on reducing your stress, which can improve your heart health and lower your risk of heart disease.
Did you know that the heart and brain have a significant connection and impact on each other in your body?
Due to this, mental health can have [...]

Holiday Stress: Eating Healthy

Holidays such as Thanksgiving, Christmas and New Year’s bring to mind thoughts of family, friends, fun and food. However, each year, millions of Americans struggle to maintain their waistlines during the holidays while surrounded by tempting holiday treats.
Holiday Parties
By following the healthy tips below, you will be on your way to enjoying all your holiday [...]

IRS Increases Health Savings Account Limits

On May 17, 2011, the Internal Revenue Service (IRS) released IRS Notice 2011-32, which makes changes to Health Savings Accounts (HSAs) effective for calendar year 2012. The notice makes changes to:
•    Annual contribution limitations for single and family coverage; and
•    Maximum out-of-pocket employee expense for single and family coverage under a high deductible health plan.
This [...]

Congress Repeals 1099 Reporting Requirements

On April 5, 2011, the Senate voted to repeal the Form 1099 tax reporting requirement that was included in last year’s health care reform law. The Senate passed the Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011 (H.R. 4) by a vote of 87-12, showing overwhelming support for the repeal. [...]

Seasonal Allergies

While the winter months typically provide some relief for allergy sufferers, spring is here – and so are the allergies associated with this seasonal change. Mold growth blooms indoors and out with spring rains. As flowers, trees and grasses begin to blossom, allergies will follow. And spring cleaning activities can stir up dust mites, so [...]

Prescription Savings

It is a common misconception that generic versions of brand-name prescription drugs are inferior. In fact, the FDA requires that generic drugs meet the same standards as their brand-name counterparts. The difference involves the research, development and marketing investment that went into producing the original brand-name drug. 
When generic equivalents become available, they have the [...]

Will Congress Repeal Health Care Reform?

On March 23, 2010, President Obama signed historic health care reform legislation – the Patient Protection and Affordable Care Act (PPACA) – into law. Even before its enactment, controversy surrounded the health care reform law. The law continues to be at the center of partisan debate, especially with the recent changes in Washington.
 
In November [...]

Florida Court Strikes Down Health Care Reform Law

The Court Ruling
 
On January 31, 2011, a federal court in Florida struck down the entire health care reform law, ruling that Congress does not have the authority to require individuals to buy insurance. Judge Roger Vinson stated that a refusal to buy health insurance should not be considered “economic activity” that can be regulated by [...]