Legislation

If you’re a small business owner, the qualified small employer health reimbursement arrangement (QSEHRA) might be the benefits plan you’re looking for. Offering a QSEHRA lets you deliver healthcare savings for your employees, which could pay off as a retention...

Key takeaways - 2024 HSA contribution limits 2024 HSA contribution limits will increase to $4,150 and $8,300 for self-only and family HSAs, respectively. 2024 HDHP minimum deductible and maximum out-of-pocket limits also are increasing. Health savings account (HSA) contribution limits...

President Biden signed legislation ending the COVID-19 National Emergency on April 10, 2023. The IRS and Department of Labor (DOL), however, have indicated informally that there is no change to the Outbreak Period set forth in the FAQs issued by...

The IRS has created two sets of Affordable Care Act (ACA) codes to provide employers with a consistent way to describe their medical benefit offerings to their employees. Each code indicates a different scenario regarding an offer of coverage, or...

Last week, President Biden announced plans to provide federal student loan relief to millions of Americans. Based on eligibility, up to $20,000 in student loan forgiveness is available to those impacted. Applications for the program will be available in early...

The American Rescue Plan Act (ARPA) of 2021 included a 100 percent COBRA subsidy for workers who were involuntarily terminated or experienced a reduction in hours to continue their employer health insurance coverage under COBRA. The subsidy is effective April...

The American Rescue Plan Act (ARPA) of 2021 included a 100 percent COBRA subsidy for workers who have been involuntarily terminated or experienced a reduction in hours. The subsidy is effective April 1, 2021 through September 30, 2021. ARPA was...

The American Rescue Plan Act (ARPA), which was signed into law earlier this month, brought relief to those affected by the COVID-19 pandemic in the form of COBRA subsidies. The ARPA allows those who have been involuntarily terminated or experienced...

On Thursday, March 11, President Biden signed the American Rescue Plan Act of 2021, a $1.9 trillion COVID relief and stimulus bill. The new law includes two important employee benefit provisions. Keep reading to learn more about them, or watch...

“What we really have is a mixed message. I think what it says is Americans weren’t ready for profound change.” That’s what Chris Byrd, our executive vice president for the health division of WEX, said regarding the results of November’s...