On March 5, 2018, the IRS released Revenue Procedure 2018-18, which recalculates a number of cost of living increases for calendar year 2018. The main change that may impact many employers is as follows: The maximum family Health Savings Account (HSA) contribution limit for 2018 has been lowered to $6,850. This number had previously been [...]Continue Reading →
Posts Tagged 'benefit plan design'
On May 5, 2017, the IRS announced the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2018. The following chart highlights the updated limits: If you need assistance updating your plan designs and/or employee communication materials to reflect this change in the months to come, please contact our team [...]Continue Reading →
On December 16, 2016, the Department of Health and Human Services (HHS) released its final Notice of Benefit and Payment Parameters for 2018. This rule describes benefit and payment parameters under the Affordable Care Act (ACA), applicable for the 2018 benefit year. This includes details regarding the annual limitations on cost-sharing. The ACA requires the [...]Continue Reading →
CBG Benefits was recently featured in an article from PeopleG2. The article compiled a list of key strategic challenges that will be faced by Human Resources departments in 2015. In the article, Chris Costello, Principal and Founder of CBG Benefits, discussed the importance of having a strategy in place to deal with different generations within [...]Continue Reading →