voluntary benefit

2024 HSA Contribution Limits, HDHP Minimums, Maximums Set

2024 HSA Contribution Limits, HDHP Minimums, Maximums Set

The IRS has raised the maximum amount employees can funnel into their health savings accounts by 7.8% for 2024, the largest increase ever, brought to you by inflation. The IRS updates this amount annually, along with minimum deductibles as well as the out-of-pocket...

PBMs Feeling the Heat on All Fronts

PBMs Feeling the Heat on All Fronts

While drugmakers have been assailed for years for increasing their prices and driving the cost of medications higher and higher, there is another player in the health care space that is receiving increased scrutiny: pharmacy benefit managers. PBMs are intermediaries,...

The Beacon – May 18, 2023

The Beacon – May 18, 2023

MZQ Beacon Alert - May 18, 2023 In this Edition: "On May 16, 2023, the Internal Revenue Service released updates to the maximum annual 2024 contribution limits for health savings accounts (HSAs) under high deductible health plans (HDHPs). These limits, which have...

The Risk Report – May 2023

The Risk Report – May 2023

Download Volume 5, Issue 5 of The Risk Report In this Edition: Insurers Promise to Keep Covering Preventive Services HDHP Plan Satisfaction Lags that of Traditional Plans Getting Benefits of Self-Funding without the Risks Employers Expand Mental Health Benefits...

HDHP Enrollees Less Satisifed with Their Health Plans

HDHP Enrollees Less Satisifed with Their Health Plans

A new study has found that people enrolled in traditional PPOs and HMOs are more satisfied with their plans than those who are enrolled in high-deductible health plans. But satisfaction greatly increases when HDHP enrollees stick with their plan for more than three...

More Employers Expand Mental Health Benefits

More Employers Expand Mental Health Benefits

American workers are more stressed than ever coming out of the pandemic, and an increasing number of people are also struggling with mental health issues.  Sadly, the number of people dying from drugs, alcohol and suicide hit record levels in 2022. When someone...

Insurers Promise to Keep Covering Preventative Services

Insurers Promise to Keep Covering Preventative Services

Most health insurers plan to continue offering free preventative care services despite a federal judge having imposed a nationwide injunction on an Affordable Care Act requirement that these services are covered with no out-of-pocket costs on the part of patients,...