HSAs

Posted January 30th, 2015 in Producers
Flexible Benefit Service Corporation (Flex) promotes tax-advantaged benefits with pride. As the industry shifts more responsibilities to the individual, a constant driver of ours has been to focus on cost-effective health care solutions. In fact, this is not a new thing for us. Flex pioneered this approach with the initial launch of Medical Savings Accounts (MSAs) in 1997 and continued with Health Savings Accounts (HSAs) in 2004.
 
Posted October 31st, 2014 in Producers, Employers
Effective October 31, 2014, the Centers for Medicare & Medicaid Services (CMS) Office of e-Health Standards and Services (OESS), the division of the Department of Health & Human Services (HHS) that is responsible for enforcement of compliance with the Health Insurance Portability and Accountability Act of 1996 (HIPAA) standard transactions, code sets, unique identifiers and operating rules, announces a delay, until further notice, in enforcement of 45 CFR 162, Subpart E, the regulations pertaining to health plan enumeration and use of the Health Plan Identifier (HPID) in HIPAA transactions adopted in the HPID final rule (CMS-0040-F). 
 
This enforcement delay applies to all HIPAA covered entities, including healthcare providers, health plans, and healthcare clearinghouses.
Posted June 6th, 2014 in Employers, Producers

A recent analysis predicts that 50 million Americans will be covered by Health Savings Account (HSA)-qualified health plans by Jan. 1, 2019up from approximately 11 million today. With the creation of private exchanges spurred on by the Affordable Care Act (ACA), these consumer-driven health plans have been revealed as a crowd favorite.

Posted April 2nd, 2014 in Producers, Employers, Individuals

Each year on April 2, the International Foundation of Employee Benefit Plans (IFEBP) champions the effort to recognize all those who participate in the employee benefits industry and their hard work. As an IFEBP member, Flexible Benefit Service Corporation (Flex) wants to thank you for your business and remind you to participate in the festivities, as well.

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