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The new COBRA experience, COBRAcare+

The new COBRA experience, COBRAcare+

Our new enhanced Cobra solution. COBRAcare+ is a complimentary, cost-saving service offered exclusively by NueSynergy. Participants will get improved engagement through our COBRAcare+ advisory line where they will be guided by a licensed agent to compare COBRA...

Is a Telehealth Benefit Subject to ERISA?

Is a Telehealth Benefit Subject to ERISA?

QUESTION: We are considering offering a telehealth benefit to our employees that would be separate from our major medical plan. Will this arrangement be an ERISA plan?  ANSWER: Telehealth benefits (also referred to as telemedicine benefits) are often...

IRS announces 2024 contribution limits

IRS announces 2024 contribution limits

The IRS has just released the 2024 limits for Health Savings Accounts (HSAs) and High Deductible Health Plans (HDHPs). HSA contribution and plan limits will increase to $4,150 for individual coverage and $8,300 for family coverage. Changes to these limits will take...

Is Our Health FSA Subject to COBRA?

Is Our Health FSA Subject to COBRA?

QUESTION: Next year, we plan to amend our company’s cafeteria plan to add a health FSA under which participants elect a coverage amount for the year and pay for it with pre-tax salary reductions. There will be no employer contributions, so participants’ health FSA...

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