HSA ELIGIBILITY | PCORI FEE ADJUSTMENT

Hello,

At Berg Benefits we value our clients and want to keep you updated on important current events relating to your benefit plans. The content below was selected to provide timely information for you and your employees. 

*Please note, Berg Benefits will assist clients in their compliance requirement outlined in the attached Legal Update.

Compliance Bulletin


More and more employers are pairing high-deductible health plans (HDHPs) with health savings accounts (HSAs). Due to an HSA's potential tax savings, the federal tax code imposes strict eligibility requirements for HSA contributions. Only eligible individuals can make HSA contributions (or have them made on their behalf). This Compliance Overview summarizes the rules for HSA eligibility.

Legal

Update


On Nov. 14, 2022, the IRS published Notice 2022-59, which provides the adjusted PCORI fee amount for plan years ending on or after Oct. 1, 2022 and before Oct. 1, 2023. Employers with self-insured health plans must pay the PCORI fee by July 31, 2023. This Legal Update provides an overview of the updated PCORI fee.

2022 qth Quarter


This quarterly edition of the Live Well, Work Well newsletter features an in-depth review of recent health news, highlights this quarter's three national health observances, discusses various health and wellness topics and provides two healthy recipes.