Author: Created: 8/19/2011 1:06 PM RssIcon
Stay informed of current events and trends from Employee Benefits Corporation and the employee benefits and health care industries.
By Employee Benefits Corporation News on 8/24/2011 8:00 AM
There are several requirements surrounding Health Savings Account contributions. In this article, we’ll explain the annual limit on contributions, where contributions to HSAs come from, employer contributions and how the annual contribution limit is affected by a mid-year change in eligibility.
By Employee Benefits Corporation News on 8/24/2011 8:00 AM
Employee Benefits Corporation has launched its new online claim-filing tool and improved Claims History page, making it easier than ever for BESTflexSM Plan and EBC HRASM participants to file their claims and review those they've already submitted.

"Read more" to learn how we made it the smart, simple and secure alternative to a standard form.
By Employee Benefits Corporation News on 8/23/2011 3:38 PM
The IRS has announced that, effective July 1, 2011, the medical mileage reimbursement rate will increase to 23.5 cents per mile. This is a 4.5-cent increase from the rate the IRS originally set for 2011 and stems from recent rises in gas prices.
By Employee Benefits Corporation News on 8/23/2011 12:00 PM
Employers introducing a high-deductible health plan mid-year may also want to offer Health Savings Accounts to employees.  However, if the employer already offers Health Care FSAs under their cafeteria plan, then the Health Care FSA is disqualifying coverage and current participants will be restricted in their ability to make Health Savings Account contributions.
By Employee Benefits Corporation News on 8/19/2011 12:00 PM
Health Savings Accounts were created in 2003, under the Medicare Prescription Drug, Improvement and Modernization Act. Since then, they've competed with Health Reimbursement Arrangements as the go-to spending account option for employers that implement a high-deductible health plan. In part one of our series on Health Savings Accounts, we explain how the accounts work and who can participate.

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