InterWest Insurance Services

DECEMBER 7, 2023

The IRS recently announced that the annual contribution limit for flexible spending accounts will rise to $3,200 in 2024, up $150 from this year. Also, employees will be able to carry over up to $640 next year into 2025 if they have funds left over in their account, if their employer allows it (it’s optional).

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Pharmaceutical Health Savings Account 98

InterWest Insurance Services

NOVEMBER 11, 2024

Provide employees with a breakdown of medical and pharmaceutical cost increases to avoid sticker shock. This is especially true if you are making changes to cost-sharing, introducing new plans, introducing a wellness plan or health savings accounts or flexible spending accounts.

Flexible Spending Account 96

Flexible Spending Account Pharmaceutical Health Savings Account Flexible Spending 96

Business Management Daily

SEPTEMBER 15, 2021

Outstanding pharmaceutical and/or hospitalization coverage. Employers also may want to explore benefit plan additions such as: Flexible Spending Accounts. Flexible employee schedules/work-from-home options. Medical plans with no or low-cost deductibles. Insurance that is accepted at a greater range of places.

Benefits Package 52

Benefits Package Family and Medical Leave Act Health Insurance PTO 52