DG Compliance Update: Handling Benefits During a Furlough or Temporary Layoff


In light of the nation's response to COVID-19 and the resultant economic downturn, employers of all sizes face a dilemma of evaluating employee head counts. Many employers are considering furloughs or temporary layoffs to reduce immediate payroll, hoping the downturn lasts for a period of a few weeks instead of months. Below is a list [...]

DG Compliance Update: Handling Benefits During a Furlough or Temporary Layoff2020-04-09T17:06:17+00:00

A Message from Diversified Group Regarding COVID-19


Coverage for COVID-19 Testing and Treatment Earlier this month, the administration announced that testing for COVID-19 was deemed an essential health benefit for coverage purposes. However, it is not considered preventive and is therefore subject to any deductible, copay or coinsurance applied to diagnostic testing under your plan. Testing and treatment provided at approved locations in accordance [...]

A Message from Diversified Group Regarding COVID-192020-03-12T14:49:27+00:00

IRS Increases HSA Limits


Employees will be able to save some additional healthcare dollars in 2020 as the IRS will increase the limit on deductible contributions to an HSA by $50 for individuals and $100 for families. The limits will be $3,550 for individuals with self-only coverage and $7,100 for family coverage. The minimum deductible for a qualifying high [...]

IRS Increases HSA Limits2019-10-21T21:36:30+00:00

2020 HSA Limits and ACA Out-of-Pocket Maximum


The Internal Revenue Service released its 2020 Health Savings Account Inflation Adjustment Limits. A comparison of the 2019 and 2020 limits are listed below. The ACA maximum out-of-pocket limits have also been adjusted. The ACA uses a different adjustment calculation than the IRS when setting HSA limits year over year.

2020 HSA Limits and ACA Out-of-Pocket Maximum2019-06-05T11:05:25+00:00

Proposals on Many Wish Lists


Now that the makeup of the new Congress has been decided, many employers are hoping Washington can work together to address a few of their important concerns. High on many lists, especially those belonging to large employers, would be doing away with the Cadillac Tax on high-cost health plans once and for all. While implementation [...]

Proposals on Many Wish Lists2019-04-04T08:00:12+00:00
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