Health Accounts
What is a letter of medical necessity (LMN)?
If you’ve had a pre-tax account before, you may have heard of a certificate or letter of medical necessity. It is sometimes abbreviated as LMN (pronounced
July 30, 2019
Sharing Information & Opinions on Tax-Free Health & Commuter Benefits
If you’ve had a pre-tax account before, you may have heard of a certificate or letter of medical necessity. It is sometimes abbreviated as LMN (pronounced
On July 17, 2019, House passed H.R. 748, the Middle Class Health Benefits Tax Repeal Act, to repeal the “Cadillac Tax”. The bill passed by
For most people, the definition of preventive care is broad and rather abstract in nature. However, under HSA rules, the definition becomes more important. Under
Health Reimbursement Accounts (HRAs) are a mystical creature, some might even call them the “Griffin of account-based plans“. (OK, in full disclosure, no one ever
President Trump recently issued an Executive Order, Improving Price and Quality Transparency in American Health to Put Patients First, which focuses on price transparency by
Historically, I’ve talked about how I’ve used pre-tax benefits to pay for health or commuting expenses for myself or my wife. While I find value
In honor of National Sunglasses Day, we wanted to highlight eligible vision expenses you can pay for with your pre-tax accounts. As an overview, a
Let’s start by saying congratulations on your growing family! Families grow for different reasons, but about 135,000 children join their forever families through adoption each year
Not all payroll deductions are created equal. Some people (although not many) may engage in a heated debate on the value of pre-tax deductions vs.
A Limited FSA, or a Limited Purpose FSA, is one of several pre-tax accounts you may be able to sign up for through your company.
It can be a bit of a struggle to figure out what to do with your kids once they’re home for the summer. Dependent Care
I know my last few posts have focused quite a bit on either me or the kids. But this time, I’m actually going to turn
Anyone who has encountered IVF treatments or insulin payments is familiar with the overwhelming costs associated with each. In some instances, insurance may be available
See the new 2021 limits here 2020 HSA Contribution Limit The HSA limits for contributions are set to increase in 2020 according to Revenue Procedure
There are many ways to use a Health FSA. Some of the places might surprise you. The FSA Store The FSA Store is one of
For many, you are likely in the middle of a plan year and for whatever reason are considering change. There are always pros and cons
HRA or HSA? It seems like a simple enough question. But, Health Reimbursement Accounts (HRAs) and Health Savings Accounts (HSAs) prove to be a little
Over the last several days, news of Prince Harry and Meghan Markle’s baby, Archie Harrison Mountbatten-Windsor (henceforth referred to as Baby Sussex) has spread around
If you have children, you know that the price of raising them and giving them the best life adds up quickly. However, there are ways
Welcome to the “My Life in Benefits” series and thanks for reading. My name is Jon and in these posts, I chronicle my adventures in
If you’ve been in the benefits industry for any amount of time, you’ve probably come across the term “fringe benefits”. However, what counts as a
Insurance can be a bit of a pain to sign up for, but in the end, most people are happy they have it. However, there
Let’s get real for a few moments. Health Reimbursement Accounts all start with the best of intentions. Then, someone gets this crazy idea: “What if
Welcome to Part Two of our Medicare Series. Our first post addressed how Medicare and HSAs interact. It included two lessons about how HSAs and
245 Kenneth Drive
Rochester NY 14623-4277
EMPLOYEES: (800) 473-9595
EMPLOYERS: (866) 996-5200
Benefit Resource and BRI are tradenames of Benefit Resource, LLC. Benefit Resource, LLC is an affiliate of Inspira Financial Health, Inc. and Inspira Financial Trust, LLC. Benefit Resource, LLC does not provide legal, tax or financial advice. Please contact a professional for advice on eligibility, tax treatment and other restrictions. Inspira and Inspira Financial are trademarks of Inspira Financial Trust, LLC.
The Beniversal and eTRAC Prepaid Mastercards are issued by The Bancorp Bank, N.A., Member FDIC, pursuant to a license by Mastercard International Incorporated and may be used for eligible expenses everywhere Mastercard is accepted. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.
HSA Custodial Services are provided by a separate financial institution. See your HSA Account Agreement for specific account terms.
©2024 BRI | Benefit Resource All Rights Reserved.
Privacy Policy|Terms of Use|Accessibility|Website developed by Mason Digital
