Employee Benefits
Surest Health Plan Review
Surest Health was launched in 2016 under the name Bind and
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Each year, the Internal Revenue Service (IRS) makes inflation adjustments to Health Savings Accounts (HSAs) and qualified high deductible health plans (HDHPs). On May 24, 2019, the IRS released Rev. Proc. 2019-25 which included details on the inflation adjustments for 2020. The table below summarizes the maximum contributions to an HSA and the definition of a HDHP:
It should be noted that the maximum out-of-pocket limitations for HDHPs are different (lower) than the maximum out-of-pocket limitations permitted under the Affordable Care Act (ACA). In addition, any employer who has a Health Reimbursement Arrangement (HRA) that provides post-deductible reimbursements will need to ensure the HRA does not provide reimbursements until the minimum deductible has been satisfied ($1,400 for single coverage and $2,800 for family coverage) to preserve HSA eligibility for employees.
Surest Health was launched in 2016 under the name Bind and
Level-funded health plans are now growing and giving businesses more control
Nowadays, businesses trying to balance employee health benefits with budget constraints
