Employee Benefits Blog

Must Drug Manufacturer Coupons Count Toward Annual Maximum Out-Of-Pocket Limits? Stay Tuned …

What is the Annual Maximum Out-Of-Pocket Limit (“MOOP”)? MOOP is the most a participant must pay for covered services under a group health plan in a plan year. After a participant spends this amount on deductibles, copayments, and coinsurance, the health plan must pay 100% of the costs of covered benefits. What are Drug Manufacturers’ […]

October 10, 2019 | 4 min read | Tagged: coupons, HHS, MOOP, NBPP, Notice, out-of-pocket maximum

Allison B. Bans Counsel

IRS Announces 2016 Health FSA, HSA, HDHP and Transportation Plan Limits

The IRS has announced cost of living adjustments for health flexible spending accounts (“health FSAs”) in Section 125 cafeteria plans, contributions to health savings accounts (“HSAs”), out-of-pocket maximums under high deductible health plans (“HDHPs”) and qualified transportation plan benefits for 2016. For 2016, the health FSA limit on voluntary employee salary reduction contributions will remain […]

November 17, 2015 | 1 min read | Tagged: contribution limits, Health FSA, HSA, IRS, out-of-pocket maximum, parking, qualified transportation, transit pass

Greg Gautam Partner