2025 Employee Benefit Limits: What You Need to Know | Benefits Collaborative

Many employee benefits are subject to annual dollar limits that are adjusted for inflation. For 2025, most of these limits have increased. Key Benefit Limits for 2025: Health Savings Account (HSA) Contributions Single Coverage: $4,300 (up $150 from 2024) Family Coverage: $8,550 (up $250 from 2024) Catch-up Contributions: $1,000 HDHP Minimum Deductible Single Coverage: $1,650 … Continued

Gag Clause Attestation Deadline | Benefits Collaborative

As the year comes to an end, a crucial compliance deadline looms for employers with health plans. Under the Consolidated Appropriations Act (CAA), health plans and insurance issuers must submit a Gag Clause Compliance Attestation by December 31, 2024. Since its enactment in 2020, this regulation prohibits health plans from including gag clauses—provisions that limit … Continued

Navigating Employee Benefits: A Glossary | Benefits Collaborative

Employee benefits can be a complex landscape, filled with acronyms and unfamiliar terms. In fact, more than 50% of American adults report that they don’t have a clear understanding of their health insurance.  Many people are confused because they reach adulthood without ever learning the basics of health insurance terminology.  Illiteracy about health insurance is … Continued

Bridging the Generational Divide: Leveraging Technology for Effective Communication | Benefits Collaborative

In today’s diverse workplaces, effective communication across generations is essential for fostering collaboration, productivity, and a positive work environment. Understanding the unique communication preferences of each generation can help bridge the gap and create a more inclusive and harmonious workplace. Technology can play a crucial role in bridging the generational gap and facilitating seamless communication. … Continued

The Pay or Play Percentage Increase for 2025 | Benefits Collaborative

The Affordable Care Act (ACA) requires large employers to offer affordable health insurance coverage to their full-time employees or face a penalty known as the “Pay or Play” tax. This tax is based on the employer’s average monthly wage (AMW) and the number of full-time employees.  The affordability rate for employer-sponsored health coverage will increase from 8.39% to … Continued

Medical Loss Ratio (MLR) Rebates: A Timely Reminder | Benefits Collaborative

The Affordable Care Act (ACA) introduced the Medical Loss Ratio (MLR) to ensure that health insurance companies spend a significant portion of premiums on medical care and quality improvement activities rather than administrative costs and profits. When insurers fail to meet the MLR threshold, they are required to issue rebates to plan sponsors. Understanding MLR … Continued

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