The IRS released its annual inflation-adjusted limits for health savings accounts (HSAs) and high-deductible health plans (HDHPs) for the 2026 calendar year (Revenue Procedure 2025-19). If your organization offers an HDHP with an HSA, now is the time to review these updates and prepare for open enrollment.  [Download the full PDF here]  What’s changing in 2026  The HSA contribution limit is increasing to $4,400 for self-only coverage and $8,750 for family coverage.  The HDHP minimum deductible will rise to $1,700 for self-only and $3,400 for family coverage.  The HDHP out-of-pocket maximum will increase to $8,500 for self-only and $17,000 for family coverage.  The HSA catch-up contribution for individuals age 55+ remains unchanged at $1,000.  Why it matters  Employers sponsoring HDHPs should review their plan designs to ensure compliance with these new limits. Now is also a good time to update employee communications so that workers can take full ...

Welcome to the June edition of Benefits Buzz! In this monthly issue, we dive into the latest news that employers need to know about and monitor.   This month's highlights  Topic #1: The IRS released inflation-adjusted limits for health savings accounts (HSAs) and high-deductible health plans (HDHPs) for 2026.  Topic #2: DOL, DOH and the U.S. Treasury released a statement regarding the non-enforcement of the 2024 final rule under the Mental Health Parity and Addiction Equity Act (MHPAEA).  Download the full story  For an in-depth look at this month's topics, download the PDF below. Dive deeper into the advice and guidance that can help you leverage your benefits to their fullest potential. Don't miss out on valuable insights that could improve your professional and personal life.  [Download the Full Story PDF]   Stay informed, stay empowered and make the most of your benefits with Benefits Buzz! Be sure to follow us on LinkedIn for monthly update...

Telemedicine has made significant strides, reshaping how healthcare is delivered and making medical services more accessible. With the recent surge in its popularity, it's crucial to understand how implementing this benefit could impact your business and your employees' health savings accounts (HSAs). For HR professionals, employers and plan sponsors, knowing the intricacies of telemedicine’s influence on HSA eligibility is essential.  [Download the entire story] to access links and charts from the IRS on HSA eligibility requirements and HSA-compatible coverage types. For a summary, read on.  The intersection of telemedicine and HSA eligibility  Did you know that offering a telemedicine benefit could affect an employee's eligibility for HSA contributions? The IRS has yet to issue direct guidance on this topic; however, general rules governing HSA contributions can help inform your decisions. The structure of your telemedicine benefit could determine whether it is conside...

Heads up healthcare professionals and group health plan administrators!   The U.S. Department of Health and Human Services (HHS) announced significant increases in civil penalties for Summary of Benefits and Coverage (SBC), Medicare Secondary Payer (MSP) and HIPAA violations as of Aug. 8. These adjustments, made to keep up with inflation, underscore the importance of complying with federal requirements.  The stakes have never been higher. Whether you're navigating adjustments in penalties ranging from $1,406 to $71,162, or ensuring your compliance protocols are airtight, this update is critical for anyone managing group health plans.  Dive into the full post to get a comprehensive overview of these changes, understand how they could impact your organization and learn how to safeguard against potential violations. Don’t wait — download the full story now to stay ahead of the curve !  Have questions? Contact us  TruePlan Benefit and Retirement Advisors focus...