The IRS Announces Increased Limits for HSAs and High Deductible Health Plans The IRS has released the new increased limits for Health Savings Accounts and High Deductible Health Plans. Below is a snapshot of the changes that go into effect on January 1, 2024. NEW 2024 CURRENT 2023 HSA Contribution Limit(employer & employee) Individual –…
As previously reported, the COVID-19 public health emergency and national emergency were set to come to an end on May 11, 2023, but President Biden signed in bipartisan legislation set forth by Congress ending the national emergency on April 10, 2023. Please Note: This new legislation is only ending the national emergency earlier than previously…
February 2023 The COVID-19 public health emergency and national emergency are set to come to an end after the Administration released a statement on January 30, 2023. The administration decided to extend both emergency declarations until a new ending date of May 11, 2023 which aligns with the administration’s promise of allowing at least…
The Compliance Teams at Unified Group Services are currently analyzing each Customer’s benefit plan to make the determination of each plan’s credibility coverage. Medicare Part D Coverage Notices are required to be coordinated with participants no later than October 15th. Unified Customers can expect to receive their creditable coverage notice along with a list of…
Unified Group Services has updated the monthly administration billing process to make accessing and viewing invoices easier than ever before for Customers. Monthly bills will now be posted on Customers’ secure employer portal. This will begin with October’s monthly bill, which will be posted beginning on September 1st through the portal. Customers will receive an…
At Unified Group Services, we are continuously innovating and enhancing our services to ensure that our Broker Partners and Customers have the tools they need to make managing benefits as easy as possible. We have been working on our Semi-Annual Benefit Review, and as a result, we have re-envisioned the report with a new, streamlined…
The IRS has released the new increased limits for Health Savings Accounts and High Deductible Health Plans. We have provided a snapshot of the changes that go into effect on January 1, 2023 below. CURRENT 2022 NEW 2023 HSA Contribution Limit (employer & employee) Individual – $3,650 Family – $7,300 Individual – $3,850 Family…
As employers continue to struggle in this challenging labor market with retention and recruitment, it’s apparent that employees’ desires for benefits have shifted. Your customers’ benefit plans now must adapt to meet new demands and deliver meaningful and valuable benefits. Unified Group Services provides personalized benefit packages to address the needs of employees, while protecting…
During the height of the pandemic, millions of Americans delayed care to avoid doctor’s office visits, which has resulted in a domino effect of delayed diagnosis and undetected and worsening diseases. In the annual State of Health 2022 report, healthcare utilization for diabetes is expected to increase 17.61% this year. Unified Group Services delivers industry-leading…
Unified Group Services has enhanced our reporting package to provide our clients with valuable data specifically related to COVID-19. Developed based on guidance provided by the federal government, the enhanced reporting can target COVID-19 related cases by procedure, provider, episode, and primary diagnosis code, providing unprecedented insight into how the virus is directly impacting an…