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Compliance Bulletin – IRS Announces HSA/HDHP Limits for 2018 | Michigan Benefit Advisors

On May 5, 2017, the Internal Revenue Service (IRS) released Revenue Procedure 2017-37 to announce the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2018. These limits include: The maximum HSA contribution limit; The minimum deductible amount for HDHPs; and The maximum out-of-pocket expense limit for HDHPs. These limits … Continued

Employee Benefit Trends of 2017 | MI Benefit Advisors

Customization of benefits is becoming more popular.  The process of personalizing employee benefits allows for individuals to choose from an array of options, and increases employee satisfaction.

TeleMedicine – The NextGen Benefit of Minor Healthcare | MI Benefit Advisors

It’s not surprising that 2017 stands to be the year many will have an experience to share using a Telemedicine or a Virtual Doctor service. With current market trends, government regulations, and changing economic demands, it’s fast becoming a more popular alternative to traditional healthcare visits.  And, as healthcare costs continue to rise and there … Continued

House Committees Release ACA Replacement Bills | MI Benefit Advisors

On March 6, 2017, House Republican released legislation – The American Health Care Act – as part of the effort to repeal and replace the Affordable Care Act. Debate on the legislation, which consists of two separate bills, is scheduled to begin this week. Before the bills become law, they must be passed in Congress … Continued

Identify and Evaluate the Impact of Your Wellness Program | MI Benefit Advisors

Measuring program value, or return on investment, is critical and imperative in managing a healthy wellness program. Further, clearly identifying and objectively evaluating the impact helps keep the vendor focused on what is critical for the employer. If these programs are not having the impact intended, then the cost of those services is only adding … Continued

Ask the Experts: Working from Home During Bad Weather | Michigan Benefit Advisors

Question: Are we required to allow employees (either exempt or nonexempt) to work from home if we must close the office due to bad weather? Answer: No, employers are not required to allow employees to telework (work from home or another location; virtual work) under any specific weather conditions regardless of Fair Labor Standards Act (FLSA) exemption … Continued