CAA 2023 Allows for Telehealth Relief
The Consolidated Appropriations Act, 2023 (CAA23) was signed into law on December 23, 2022. One of the health provisions contained in the law was the relief on telehealth coverage offered through HSA Qualified High Deductible Health Plans (HDHPs). Typically, HSA-qualified HDHPs cannot pay for covered services, except for specified preventive care, until the individual satisfies […]
IRS Guidelines – Indexed for 2023
FICA Social Security Tax is 6.2% on income up to $160,200 Medicare Tax unlimited 1.45% to Unlimited Individual Mandate’s Affordability Exemption — required contribution percentage is 8.17%. High Deductible Health Plans Minimum Annual Deductible (Individual/Family) $1,500 / $3,000 Maximum Out-of-Pocket Limit (Individual/Family) $7,500 / $15,000 Health Savings Accounts Individual / Family $3,850 / $7,750 Catch-up Contribution […]