Simplify health insurance with our guide: Understand coverage, key terms, and digital tools, and overcome common hassles for a stress-free experience.
Health Savings Accounts (HSAs) celebrated their 20th birthday last week. HSAs were signed into law on December 8, 2003 by then President George W. Bush. Here are some fun facts about HSAs!
As it relates to the Employer Mandate, an offer of coverage will be considered affordable in 2024 if the employee has to pay no more than 8.39% of their household income for the lowest cost, self-only coverage plan.
It’s hard to believe that another Health Insurance Marketplace (Marketplace) open enrollment period is quickly
approaching. Here are some important dates to remember.
The Employer Mandate guidelines state that coverage is affordable when an employee has to pay no more than 9.5% of their household income (inflation-adjusted to 8.39% for the 2024 plan year). There are three alternative methods that an employer can rely upon when determining if the coverage they offer is affordable.
Each year employers must provide a written notice to Medicare-eligible employees who are covered
under their group health plan. The notice must include information about the creditable coverage status of the
prescription drug benefit. In other words, the notice tells employees if the prescription drug benefit on the
group health plan is at least as good as the standard Medicare Part D plan.
Health Flexible Spending Accounts (Health FSAs) are subject to maximum contribution limits under the
Affordable Care Act (ACA), but certain situations can make it tricky to determine how much can be contributed to a Health FSA. Those situations are explained below.
Discover the differences between level-funded and self-funded employee health insurance plans. Make informed choices for your workforce’s well-being.
Get the full scoop on level funded health plans for 2023. Learn what they are, who is eligible, and the advantages of switching to a level funded plan.
Discover how employers can take advantage of level-funded plans for their employees and save on healthcare costs.
IXSolutions brings over 30 years of combined experience to the market as Employee Benefits Consultants. We’ve been bringing creative solutions and alternatives to the market since the inception of the Affordable Care Act.
Today, we work with companies, individuals, and Medicare eligible individuals to provide solutions to the complex insurance industry. We are a trusted partner to thousands of clients, brokers, and associations across the country.
