Health Savings Accounts

2018 HSA Limits- Increased contribution limits for all!

Here are the updated HSA Limits for 2018 as set by the IRS.

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Corporate Coverage Compliance Bulletin – New York Paid Family Leave

Download (PDF, 546KB)

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CareFirst Early Renewals – DEDUCTIBLE TO BE RESET!

CareFirst has confirmed that their claims system did not reset the deductible for some of their contract year groups who renewed off-cycle with a December 1, 2013 effective date.   This means that claims processed for dates of services December 1, 2013 or after may have been inadvertently paid instead of applying to the deductible.   Deductibles must be reset to $0 in order to comply with CareFirst contracts as well as federal and state regulations.

CareFirst will be correcting their claims system during the month of March.  When this adjustment occurs, claims from members who appeared to have reached their deductible limit will be adjusted to comply with the contractual reset requirement.  Some members may also receive reprocessed Explanation of Benefits (EOBs) indicating an additional payment is due to their providers(s).

Please share this information with your employees.  Should you have any additional questions, please contact us.

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UPDATES FROM THE STATE OF MARYLAND MARKETPLACE – MARYLAND HEALTH BENEFITS CONNECTION

Small Business Health Options Program

The SHOP marketplace for small businesses has delayed their opening for shopping for small business health insurance until April 1, 2014 for a June 1, 2014 effective date

MHIP PLUS PLANS

MHIP PLUS  – the termination date of the Maryland Health Insurance Plan subsidized policies has been extended from January 1, 2014 until March 31, 2014.   The termination date for MHIP, Maryland Health Insurance Plan non-subsidized plans remains June 30, 2014.

Premium Bills for Marketplace Policies

Maryland Health Connection will not be processing payments at this time for purchased ACA policies.  All premium bills will come directly from the insurance company.

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Moving Day!

moving truck

Today is Moving Day – We will be closing our offices at 2pm and will be unpacked and ready to service Monday at 8:30am!

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