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CMS Publishes 2020 Benefit Payment and Parameters Final Rule | JRW Associates, Inc., a Raleigh Benefit Advisory Firm

The Centers for Medicare and Medicaid Services (CMS) published its final rule and fact sheet for benefit payment and parameters for 2020. Although the final rule primarily affects the individual market and the Exchanges, the final rule addresses the following topics that may impact employer-sponsored group health plans: The 2020 maximum annual limitation on cost sharing is $8,150 for … Continued

IRS Changes Course (Again) and Restores 2018 HSA Family Limit to $6,900 | JRW Associates, Inc., a Raleigh Benefit Advisory Firm

On April 26th, the Internal Revenue Service (IRS) announced that the 2018 annual contribution limit to Health Savings Accounts (HSAs) for persons with family coverage under a qualifying High Deductible Health Plan (HDHP) is restored to $6,900. The single-coverage limit of $3,450 is not affected. This is the final word on what has been an … Continued

Employer Medicare Part D Notices Are Due Before October 15 | JRW Associates, Inc., a Raleigh Benefit Advisory Firm

Are you an employer that offers or provides group health coverage to your workers? Does your health plan cover outpatient prescription drugs—either as a medical claim or through a card system? If so, be sure to distribute your plan’s Medicare Part D notice before October 15. Purpose Medicare began offering “Part D” plans—optional prescription drug … Continued

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Raleigh Office:
5510 Six Forks Road
Suite 260
Raleigh, NC 27609

Phone
919.571.0883

Email
info@jrwassoc.com