by NYBEST | May 13, 2024 | News
On May 9, 2024, the IRS released Revenue Procedure 2024-25 to provide the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2025. The IRS is required to publish these limits by June 1 of each year.... by NYBEST | Apr 29, 2024 | News
Health care costs, and consequently employee health benefits costs, have been increasing at an alarming rate for nearly a decade. Avoiding rising health care costs is nearly impossible, but you can learn about why they continue to rise and what you can do to manage... by NYBEST | Apr 22, 2024 | News
The U.S. Department of Health and Human Services recommends moderate-intensity aerobic exercise— such as brisk walking—for 150 to 300 minutes a week.Physical Health Benefits of Walking Walking is a natural, low-impact form of exercise that can yield notable... by NYBEST | Apr 15, 2024 | News
The Internal Revenue Service (IRS) has issued Notice 2023-70 to increase the Patient-Centered Outcomes Research Institute (PCORI) fee amount for plan years ending on or after Oct. 1, 2023, and before Oct. 1, 2024. The updated PCORI fee amount... by NYBEST | Apr 8, 2024 | News
As health care costs continue to rise, so has the demand for voluntary benefits. Since many employers find it increasingly difficult to provide employees with a complete benefit package, voluntary benefits have become an ideal solution. Voluntary benefits allow... by NYBEST | Mar 25, 2024 | News
The IRS recently released updated penalty amounts for 2025 related to the employer shared responsibility (pay-or-play) rules under the Affordable Care Act (ACA). For calendar year 2025, the adjusted $2,000 penalty amount is $2,900, and the adjusted $3,000 penalty...