Affordable Care Act in St Petersburg Florida

3 Affordable Care Act Taxes Postponed by Congress

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On January 22, President Trump signed into law a short-term government funding bill. It ended the brief government shutdown by funding the federal government through February 8. It also suspends the following Affordable Care Act (ACA) taxes, which were designed to help fund...
Accounts in St Petersburg Florida

Health Savings Accounts May Carry New Employer Risks

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A complex federal regulation known as the Department of Labor (DOL) Fiduciary Rule is scheduled to begin phasing in on April 1. The thrust of the new rule, which has been in the works for several years, has been significantly modified from its original version. The rule pertains...
FSAs in St Petersburg Florida

Year-End Reminder: Don’t Forget FSAs

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The holidays can be a joyous — but hectic — time of year. While you’re juggling shopping for gifts, decorating your home and planning get-togethers with friends and family, it’s easy to forget to spend any remaining funds in your Flexible Spending Accounts (FSAs)...
Health Care in St Petersburg Florida

Finding the right tax-advantaged account to fund your health care expenses

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With health care costs continuing to climb, tax-friendly ways to pay for these expenses are more attractive than ever. Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs) and Health Reimbursement Accounts (HRAs) all provide opportunities for tax-advantaged funding...
Cadillac Tax in St Petersburg Florida

IRS Sends Signals of Future Fine Print on the ACA Cadillac Tax

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You might scratch your head and wonder why a law that is intended to improve the quality of health care for U.S. citizens would penalize employers that are trying to do their part. The reason is simple: Since the value of health benefits is not taxable to employees, the more...

Employer Penalty Alert for Reimbursing Employee Health Coverage

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The Affordable Care Act (ACA) established a number of so-called “market reform” restrictions on employer-provided group health plans, starting with plan years beginning in 2014. These restrictions generally apply to all employer-provided group health plans —...
Telemedicine Explosion Coming to a Health Plan Near You, in Tampa, Florida

Telemedicine Explosion Coming to a Health Plan Near You

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Telemedicine is not a medical specialty. Defined broadly, it is “the use of medical information exchanged from one site to another via electronic communications to improve a patient’s clinical health status,” says the American Telemedicine Association (ATA). It...
Self-Insuring Health Benefits: ACA Changes the Equation in Tampa, Florida

Self-Insuring Health Benefits: ACA Changes the Equation

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Large employers have self-insured their health benefits for decades. In fact, 93 percent of employers with at least 5,000 employees were self-insured in 2012, according to a Kaiser Foundation survey. Compare this with just 15 percent of self-insured employers having fewer than...