On October 22, 2024, the Internal Revenue Service (IRS) released Revenue Procedure 2024-40, which increases the health flexible spending account (FSA) salary reduction contribution limit to $3,300 for plan years beginning in 2025, an increase of $100 from 2024. Thus, for health FSAs with a carryover feature, the maximum carryover amount is $660 (20% of the ...

California Health Insurers: 2024 Edition provides a snapshot of the insurance market in California at the end of 2022. Data from the state’s two insurance regulators, the Department of Managed Health Care (DMHC) and the California Department of Insurance (CDI), and other sources were used to examine market share, enrollment, financial performance, and consumer satisfaction. Key ...

About three-quarters (74%) of those surveyed said they feel healthcare costs drive trade-offs for wage or salary increases, with 38% saying they "strongly agree" that this is the case.

A new report by Gusto suggests it's in the best interest of most small businesses to offer their employees' health insurance. The benefits of offering health insurance are profound, from lower turnover to higher productivity.

California’s mental health commission on Thursday announced its executive director would resign amid revelations that he traveled to the U.K. courtesy of a state vendor while he sought to prevent a budget cut that would have defunded the company’s contract. Toby Ewing, executive director of the Mental Health Services Oversight and Accountability Commission, will step down effective ...

More than half of insured Americans say they can’t predict how much their covered prescription drugs will cost, according to an annual survey by the pharmaceutical industry trade group PhRMA. Why it matters: The results, shared first with Axios, come as the drug industry is pressing for more transparency regulations on pharmacy benefit managers and insurers in the lame-duck ...