Month: October 2022
Legal Alert: IRS Adjusts Health Flexible Spending Account and Other Benefit Limits for 2023
On October 18, 2022, the Internal Revenue Service (IRS) released Revenue Procedure 2022-38, which increases the health flexible spending account (FSA) salary reduction contribution limit to $3,050 for plan years beginning in 2023, an increase of $200 from 2022. Thus, for health FSAs with a... Find out more »
Recipes for HR Compliance Success
Think of reporting your organization’s prescription drug spending as cooking a complex and elaborate dish. If you don’t follow the recipe — if you skip steps or leave out ingredients or don’t conform to the prescribed timing — the finished product won’t be served... Find out more »
Alera Group Acquires Murray Insurance Agency, Boosting Health Insurance Services
Alera Group, a top independent national insurance and wealth services firm, today announced the acquisition of Murray Insurance Agency, a health insurance company serving Florida.
“At Murray Insurance Agency, our primary goal is to find affordable solutions for all our... Find out more »
Risk Preparedness, Disasters and the Insurance Claim Process
If we are to learn anything from recent catastrophic climate- and weather-related events, among the lessons should be this: Too many Americans are under-insured, ill-prepared for risk and in need of education on the insurance claim process.
According to the National Centers for... Find out more »
Alera Group Strengthens Personal Income Protection Solutions with Acquisition of NPC Benefits
Alera Group, a top independent national insurance and wealth services firm, today announced the acquisition of NPC Benefits, a specialty insurance consulting firm providing personal income and wealth protection plans to employees, associations, executives and professionals.
Based in Atlanta,... Find out more »
IRS Releases Final Rule to Fix ACA’s Family ‘Glitch’
On October 13, 2022, the IRS finalized regulations (the “Final Rule”) intended to revise the method of determining affordability under the Affordable Care Act (ACA) for an employee’s family members by considering whether the coverage offered by the employer to the employee and... Find out more »
Alera Group Acquires Haylor, Freyer & Coon, Inc.
Alera Group, a top independent national insurance and wealth services firm, announced today the acquisition of Haylor, Freyer & Coon, Inc., a top 100 independently owned insurance agency providing insurance and risk management solutions.
“At Haylor, Freyer & Coon our reputation has... Find out more »
