The IRS has bumped the standard mileage rate for medical care travel to $0.235/mile, effective July 1, 2026. A $0.03 increase from the prior year. This rate applies to mileage driven for medical care, which remains an eligible expense under … Read More
Building on a successful ICHRA collaboration, Diversified deepens its commitment to Wisconsin employers through an exclusive benefit administration partnership Diversified Benefit Services (Diversified) is pleased to announce the expansion of its partnership with Wisconsin Manufacturers & Commerce (WMC) – the … Read More
And Why Your Clients Need One TPA for Both There’s no shortage of ICHRA administrators in the market. But before the question of who administers your clients’ ICHRAs can be answered well, there’s a compliance question that needs to … Read More
ICHRAs have been gaining traction since they became available for plan years beginning January 1, 2020. Now, a wave of state-level legislation is adding a new layer of financial incentive on top of the already significant federal tax advantages. The … Read More
Rising group health insurance premiums are pushing employers of all sizes to look for alternatives. Individual Coverage Health Reimbursement Arrangements (ICHRAs) have emerged as one of the most compelling options available today. Here’s what you need to know. What Is … Read More
The IRS released Revenue Procedure 2026-24 which provides the 2027 inflation adjusted amounts for High Deductible Health Plans (HDHPs) and Health Savings Accounts (HSAs). Contribution Limits for 2027 The HSA contribution limit for individuals with self-only HDHP coverage is $4,500. … Read More
A regulatory requirement that has long created confusion for HRA plan sponsors and their participants is going away. On April 2, 2026, the Centers for Medicare & Medicaid Services (CMS) issued a final rule officially exempting account-based health plans – … Read More
A new tax-advantaged savings vehicle is entering the benefits landscape that has meaningful implications for the workplace. When the One Big Beautiful Bill (OBBB) Act was signed into law last year, it introduced a wide range of tax and benefits … Read More
As we move into 2026, federal guidance continues to evolve in ways that expand flexibility for consumer-driven health plans. The IRS recently released Notice 2026-5, offering long-awaited clarity on several provisions impacting Health Savings Accounts (HSAs) under the One Big … Read More
What employers, employees, and brokers should know as Congress enters its final two weeks before the holiday recess. Later this week, the U.S. Senate is scheduled to vote on a three-year extension of the enhanced ACA premium tax credits – … Read More