Monthly Archives:   October 2017

IRS Announces 2018 FSA Limits

On Friday, October 20, the Internal Revenue Service (IRS) released updated contribution limits for health Flexible Spending Accounts (FSAs). FSA account holders can expect $50 increase on the account limit. These amounts go into effect on January 1, 2018. Click here for more information...

New Executive Order and Insight on the Employer Mandate

President Trump signed an Executive Order (“EO”) on October 12, 2017, directing various federal agencies to take regulatory action that will “increase health care choices for millions of Americans.” Along with the EO, the Administration issued a press release and some internal talking points that provide helpful insight into what...

Apple, Fitbit to join FDA program to speed health tech

A federal agency that regulates apples wants to make regulations on Apple Inc. a little easier. The Food and Drug Administration, which oversees new drugs, medical devices and much of the U.S. food supply, said Tuesday that it had selected nine major tech companies for a pilot program that may...

New Medicare ID Cards Announced

To address the risk of medical identity theft, Section 501 of Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) mandates the removal of the Social Security Number (SSN)-based Health Insurance Claim Number (HICN) from Medicare ID cards. The Centers for Medicare and Medicaid Services (CMS) uses HICN with multiple...