by NYBEST | Jun 17, 2024 | News
The Affordable Care Act (ACA) requires health insurance issuers and self-insured plan sponsors to pay Patient-Centered Outcomes Research Institute fees (PCORI fees). The fees are reported and paid annually using IRS Form 720, the Quarterly Federal Excise Tax... by NYBEST | Jun 10, 2024 | News
The recently enacted New York budget for fiscal year 2024-25 includes provisions mandating paid employee prenatal leave and lactation break time. The provisions have different effective dates in 2024 and 2025. Paid Prenatal Personal Leave The budget amends... 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...