Legislation

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...

Earlier this week, President Biden informed Congress that he plans to end the two COVID-19 national emergencies on May 11, 2023. From an employee benefits and COBRA perspective, this would mean that temporary extensions introduced during the COVID-19 pandemic will...

2023 HSA contribution limits  Key takeaways 2023 HSA contribution limits will increase to $3,850 and $7,750 for self-only and family HSAs, respectively. 2023 HSA minimum deductible and maximum out-of-pocket limits also are increasing.   Health savings account (HSA) contribution limits...

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...

Small businesses are considered the “United States’ economic engine.” They drive job growth and innovation. Their success is vital to all of us, so it’s important to understand the unique challenges that small businesses face. Nearly a quarter of them...

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...