The BeneBlog

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Benecon

2025 IRS HSA Limits

The IRS has released the 2025 inflation adjustments affecting Health Savings Accounts and High…
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Benecon

Perks of Consolidating Benefits Solutions

Consolidating benefits: cost-saving, improves experience, streamlines processes, centralizes data,…
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Benecon

Consortium vs. Captive: Is There A Difference?

Discover the key advantages of Benecon’s VERIS Consortium over traditional captive funding…
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Benecon

CAA Prescription Drug Benefit Reporting Due June 1, 2024

The CAA mandates health plans report drug and healthcare costs by June 1, 2024.
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Administrative Services

Employers Must File a Creditable Coverage Disclosure Notice

Employers must file a Creditable Coverage Disclosure Notice with the Department of Health and Human…
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Benecon

2025 Maximum Annual Limits on Cost-Sharing

The U.S. Department of Health and Human Services (“HHS”) and the Centers for Medicare…
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Benecon

IRS Will Require Most ACA Employer Reporting (Forms 1094 and 1095) Be Filed Electronically for 2024

ACA reporting requirements expanded in 2024; electronic filing mandatory, earlier deadlines, waiver…
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Benecon

Patient Centered Outcomes Research Fee (PCOR Fee): Next Filing Period Fee Released

ACA mandates Patient-Centered Outcomes Research Fee, due annually by July 31, varying by…
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CDH

Health Savings Accounts & Mental Health

HSAs cover mental health expenses: counseling, therapy, meds, and more with Benecon’s CDH…
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Benecon

Coverage of Weight Loss Drugs & Considerations for Plan Sponsors

By: Ellen Nastase, CPBS – Benecon Director of Pharmacy Benefits
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CDH

HSA & FSA-Eligible Back-to-School Expenses

HSA/FSA cover back-to-school items: sunscreen, eyewear, physicals, bandages, and more.
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Benecon

Patient Centered Outcomes Research Fee (PCOR Fee): Filing & Payment Deadline

Reminder: Filing & Payment Deadline is July 31, 2023
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Benecon

Which areas of the country pay the most for health insurance?

Coastal states, major cities, high living costs correlate with expensive health insurance.
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Benecon

How difficult is it to keep self-funded health plans in compliance?

Benecon ensures compliance for self-funded health plans, covering ERISA and HIPAA regulations,…
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Benecon

Fully Insured vs Self Insured: An Employer’s Ultimate Guide

Fully insured vs self-insured health plans: fixed premium vs. direct funding, carrier vs. employer…
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Benecon

IRS Releases 2024 ACA Employer Mandate Penalties

ACA mandates penalties for large employers not offering affordable, adequate health coverage to…
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COBRA

3 Ways You Benefit With a Third-Party COBRA Administrator

Outsourcing COBRA administration eases workload, ensures compliance, and enhances member…
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Benecon

2024 Maximum Annual Limits on Cost-Sharing

The U.S. Department of Health and Human Services (“HHS”) and the Centers for Medicare…
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VERIS

VERIS: An employer’s best friend.

Many employers have caught on to the myths that are associated with fully-insured health plans and…
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Benecon

Mental Health Leads the Employee Benefits Conversation this Year

Demand for mental health resources rises; Benecon sees triple inquiries, indicating increased…
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Administrative Services

2023 IRS Contribution Limits

The IRS just released 2023 contribution limits for HSAs, FSAs, commuter benefits, adoption…
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Benecon

The value of creating internal brand loyalty

The importance of brand loyalty might be better understood, but what about employee loyalty?…
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CDH

Why adding an FSA makes an HSA even better

Saving, investing and retirement planning. These are just three of the perks you’ll experience…
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Benecon

4 Compliance Topics Every Employee Benefits Leader Should Know

Employers face challenges every single day — some of which have a significant impact on their…
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Benecon

Choosing an HDHP vs a PPO

Consider family expenses, pre-tax benefits, employer contributions, and retirement planning when…
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Administrative Services

What student loan forgiveness could mean for your retirement and HSA

President Biden announced plans to provide federal student loan relief to millions of Americans.
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Administrative Services

Commuter Benefits Advantages

3 surprising results employees may experience with commuter benefits.
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Benecon

Quiet Quitting

Hustle culture is out. Quiet quitting is in. Quiet quitting is a viral new term that describes the…