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News Updates

Conflicting rulings were issued on Tuesday, July 22, 2014 on whether consumers can get subsidies for health coverage bought on the Affordable Care Act’s (ACA) federal exchange. These ruling represent an escalation in a legal battle that could further complicate fall insurance enrollment as well as jeopardize tax credits for millions of Americans.
A panel …

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Florida governor Rick Scott recently signed into law, effective July 1, 2014, extensive revisions to existing data breach notification law (S.B. 1524) that makes significant changes to state data security breach laws.  These changes possibly represent the broadest and most comprehensive breach laws in the U.S.
Among its provisions, the new legislation includes a definition …

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Employers who give money to their workers to help pay for insurance through Affordable Care Act exchanges may be in for sticker shock when the taxman comes calling: the IRS considers such arrangements employer payment plans that don’t satisfy federal rules.
Key Points
The I.R.S. has announced that employers cannot shift health costs to the …

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On April 23, 2014, the U.S. Treasury Department and Internal Revenue Service (IRS) announced increases to the 2015 HSA limits.  They released Revenue Procedure 2014-30, which lists the 2015 indexed amounts, adjusted for inflation, for health savings accounts and high-deductible health plans (HDHPs).
Key Points
The following HSA Limits will increase for 2015:

Annual …

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On March 28, 2014, the Internal Revenue Service (IRS) released an Office of Chief Counsel Memorandum to provide information on how health flexible spending account (FSA) carryovers affect eligibility for health savings accounts (HSAs).
Key Points

A health FSA may allow for carryovers of up to $500 in unused funds.
Carryovers under general purpose …

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What Others Say About Us

They are accessible, so when issues do arise I don’t have to beg to have somebody work with us.  When something does come up, and it doesn’t happen very often, they are the first ones there to address it with creative solutions.

Brad HerremansCEOSuncoast Community Health Centers
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