Last Updated on September 12, 2024 MyHRConcierge, a trailblazer in innovative HR solutions, proudly announces the launch of our latest service, MyHRFrontDesk for Brokers. MyHRFrontDesk empowers brokers to deliver essential HR resources, including forms, policies, documents and SHRM certified HR support elevating client relationships, reducing time spent answering HR questions and setting their services apart […]
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On April 29, 2022, the IRS released Revenue Procedure 2022-24 to provide the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2023.
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COBRA rules have changed over the past two years in order to recognize the complications accompanying the COVID-19 pandemic. The resulting confusion can result in penalties, medical claims, litigation, and class-action lawsuits.
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Do you know what your HR clients are looking for in a broker? We know employers are looking for more from their agents. While employers continue to rely on insurance agents for expert insurance provider advice, they are now looking for more help navigating the ever-changing workplace and shifting employee needs in order to create their own niche in their industry.
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In this article we talk about the fact that the recent IRS guidance provided that amounts paid by individuals for PPE—including masks, hand sanitizer and sanitizing wipes used for the primary purpose of preventing the spread of COVID-19—are deductible medical expenses. Therefore, the amount you paid for the PPE that is not compensated for by insurance may be deductible as long as your total medical expenses are more than 7.5% of your adjusted gross income (AGI).
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Last Updated on May 11, 2022 In addition, any changes to a health plan’s benefits for the 2022 plan year should be communicated to plan participants through an updated summary plan description (SPD) or a summary of material modifications (SMM). Health plan sponsors should also confirm that their open enrollment materials contain certain required participant […]
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Last Updated on September 23, 2021 Will Remote Workers Affect Open Enrollment? Open enrollment will be here before you know it—and it’ll likely differ than those held in years past, especially for remote employees. Benefit offerings may be changing, and you may be enrolling virtually as a remote employee. As such, it’s essential to come […]
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