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Obama to veto FSA, HSA legislation

by Eriksen Insurance | Jun 11, 2012 | Health Laws

WASHINGTON—President Barack Obama will veto legislation that would ease a 28-year-old Internal Revenue Service rule that requires forfeiture of unused flexible spending account balances and eliminates restrictions on using FSAs and health savings accounts to pay for...

IRS announces 2013 HSA limits

by Eriksen Insurance | May 31, 2012 | Health Laws

Benefits Pro reports: “The IRS has announced adjustments that affect health savings accounts in 2013. The HSA contribution limits and high deductible health plan out-of-pocket maximums are up slightly over 2012. For the first time in three years, the HDHP...

Health care reform: GOP preps plan for ruling on law

by Eriksen Insurance | May 21, 2012 | Health Laws, Insurance Reform

Politico reports: “House Republican leaders are quietly hatching a plan of attack as they await a historic Supreme Court ruling on President Barack Obama’s health care law. If the law is upheld, Republicans will take to the floor to tear out its most...

2013 HSA and FSA cheat sheet

by Eriksen Insurance | May 10, 2012 | Group Health Insurance

BenefitsPro reports: “Health Savings Accounts What are they? HSAs are tax-advantaged medical savings accounts available to taxpayers who are enrolled in an HSA-qualified high-deductible health plan. The funds contributed to the account are not subject to federal...

2012 HSA and FSA cheat sheet

by Eriksen Insurance | May 3, 2012 | Health Laws

Health Savings Accounts What are they? HSAs are tax-advantaged medical savings accounts available to taxpayers who are enrolled in an HSA-qualified high-deductible health plan. The funds contributed to the account are not subject to federal income tax at the time of...
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