Benefits Buzz

Posted March 21st, 2014 in Producers, Employers, Individuals

Let José walk you through what a Health Savings Account (HSA) is.

This high-level overview shows some things that HSA money can be used for along with maximum contributions for 2014.

Click through the slides below for the details and feel free to share with a friend.

Posted March 14th, 2014 in Producers, Employers, Individuals

Last week, the Obama administration released several new Affordable Care Act (ACA) guidelines. Of particular note, any individual or small group with a non-ACA compliant plan will be able to keep that plan in place for additional time.

Posted March 11th, 2014 in Producers, Employers, Individuals

Can people apply for individual health coverage after Mar. 31, 2014? 

Only those individuals that experience a qualifying event can sign up for a qualified health plan mid-year after March 31stMost qualifying events will create a special enrollment period that lasts for 60 days. 

Posted March 5th, 2014 in Producers, Employers
Flexible Benefit Service Corporation (Flex) has prepared a comparison chart to help you understand how the Affordable Care Act (ACA) Employer Mandate will be rolled out over the next two years. 
 
Click the "View Fullscreen" button on the bottom right of the frame to see the chart.
Posted February 28th, 2014 in Producers, Employers

Today is the last day of February which means we are only one month away from the end of the first open enrollment period for individual health plans. March 31st is the last day that individuals can sign up for coverage without a qualifying event, but there is one big question that is still looming – Will the open enrollment period get extended to a later date? 

Posted February 26th, 2014 in Producers, Employers, Individuals
Meet José. He is ready to file his taxes and needs a little help with what is required for him since this is his first year with a health savings account (HSA).
 
This handy infographic lists the forms needed for individuals with HSAs when filing taxes in 2013.

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