Employee Benefit Advisors

Rx Management – CoPay Accumulator Programs

With Accumulator Programs the manufacturer’s payments no longer count toward a patient’s deductible or out-of-pocket maximum. Employers and health plans could potentially save big money because accumulators shift a majority of drug costs to patients and manufacturers. Normally, a manufacturer’s payments from a copay program count toward a patient’s deductible and annual out-of-pocket maximum. Once […]

IRS ANNOUNCES REVISED 2018 HSA CONTRIBUTIONS LIMITS

Update: Posted on April 27, 2018  The Internal Revenue Service (IRS) has re-established $6,900 as the 2018 health savings account (HSA) contribution limit for individuals with family coverage under a high deductible health plan (HDHP).   Original Post on March 7, 2018 The IRS has announced the limits for HSAs have been revised for 2018. The adjustments are the […]