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Updating Health Plans for Coronavirus Changes
May 12, 2020 Employers may be considering changes to their group health plans in response to the ongoing COVID-19 pandemic. In some cases, health insurance issuers for fully insured plans may be initiating some of these changes to help individuals impacted by the...
IRS Notice 2020-33
May 13, 2020 The Internal Revenue Service (IRS) issued IRS Notice 2020-33 (Notice) that increases the limit for unused health flexible spending account (health FSA) carryover amounts from $500 to a maximum of $550 (carried over from a 2020 plan year to a 2021 plan...
IRS Notice 2020-29
May 13, 2020 The Internal Revenue Service (IRS) issued IRS Notice 2020-29 (Notice) that provides increased flexibility for making mid-year elections or changes under a Section 125 cafeteria plan during calendar year 2020 related to employer-sponsored health coverage,...
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United Benefit Advisors® (UBA) is a Partner-owned alliance of elite, independent, privately held benefit advisory firms across the U.S. As a UBA Partner Firm, we have access to large scale resources, shared wisdom and market leverage allowing us to provide sophisticated, cost-effective solutions and personal service that only an independent advisor can deliver.