Last week, a bill that would dismantle California’s health care delivery system as we know it was introduced in the Legislature. Assembly Bill 3087 would penalize millions of patients through massive cuts in services and result in as many as 175,000 hospital workers losing their jobs.
If you were one of the few people who stuffed or was trying to stuff your 2018 health savings account to the max before the tax overhaul ratcheted back the contribution limit, you can breathe easy. The Internal Revenue Service announced today in a revenue ruling that it will let taxpayers stick with the original $6,900 contribution limit for family coverage and not face excess contribution penalties.
In today’s economy, operating a small business on a day-to-day basis — even without having to sift through the vast number of health care options for your employees — is more than just a full-time job. Common misconceptions and a lack of understanding about specific aspects of health care benefits can cause headaches for even the savviest business owner. The good news is that resources, such as brokers and employee benefits advisers, can help chart a clear path through the health care insurance marketplace.