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There’s a common misconception among many Americans that Medicare has them covered for all health-related costs in retirement. But long-term care is a pricey—and often overlooked—retirement expense not covered by Medicare. This article covers long-term care and how an HSA can help offset the cost.
On July 18, 2019, Reps. Ami Bera (D-CA) and Jason Smith (R-MO) introduced H.R. 3796, the Health Savings for Seniors Act—a bipartisan bill that would allow individuals enrolled in Medicare to maintain eligibility for health savings account (HSA) contributions. Get the details here.
On Wednesday, July 17, the IRS released a notice that names additional medicines and services that can be treated as preventive care under HSA-compatible high deductible health plans (HDHPs) for those with chronic conditions.
President Trump last week issued an Executive Order, titled “Improving Price and Quality Transparency in American Healthcare to Put Patients First” to take actions to improve HSAs, FSAs, and HRAs.
Today, ConnectYourCare announced an integration-based partnership with Employee Navigator, an all-in-one benefits, human resources, and compliance software provider for insurance brokers, carriers, and employers.
We're excited to announce that ConnectYourCare was selected as a winner in the 21st annual Digital Health Awards® program. This competition, held each spring and fall, recognizes the world’s best digital health resources.
This blog speaks to an important need for employers, benefits administrators, and employees to sharpen their pencils…in order to sharpen their health savings account (HSA) skills.
If you’re a registered investment advisor coaching clients who have retirement on the brain, you can encourage employees to leverage their HSA in a greater capacity to save for those inevitable medical costs later down the line. This post will do a deep dive into IRAs and HSAs, so your clients can build up their health to wealth strategy and be prepared for retirement.
The IRS has announced an increase to the health care health savings account (HSA) contribution limits for the 2020 plan year. The 2020 HSA contribution level maximum will be $3,550. Get more details here.