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May 2018 | Issue 13

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New IRS Tools for 2018 Tax Withholding

 

As of Feb. 15, 2018, employers must use new tables to determine how much income tax to withhold from their employees' paychecks. The IRS issued the required new tables in Notice 1036 on Jan. 9, 2018. The new tables are also available in IRS Publication 15Learn More

 

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2018 HSA Limit for Family Coverage Changed Again

 

On April 26, 2018, the IRS released Revenue Procedure 2018-27 to announce another change to the 2018 the family health savings account (HSA) contribution limit. The new revenue procedure modifies the family HSA contribution change imposed by the March 5th Revenue Procedure 2018-18Learn More

 

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HHS' 5-point Strategy to Combat the Opioid Crisis

 

According to a recent report released by the Centers for Disease Control and Prevention (CDC), opioid overdoses increased 30 percent from July 2016 to September 2017. Moreover, 116 Americans die each day from an opioid overdose and more than 1,000 are treated in the emergency room for misusing opioids. In response to the crisis, the Department of Health Human Services (HHS) is focusing its efforts on five specific strategies. Learn More

 

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Key Highlights from 2017 Health Plan Design Benchmark Summary

 

Each year, Zywave conducts its Health Plan Design Benchmark Summary, which is based on data gathered from one of the largest databases in the country, consisting of more than 40,000 employer-offered health plans. This analysis focused on the trends that emerged from the aggregate data over the past five years, what differences occurred in plan designs between small and large employer plans, and how plan types responded to economic and regulatory conditions. Learn More

 

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Brady, Chapman, Holland & Associates, Inc.

victoria.kidwiler@bch-insurance.com | www.bch-insurance.com

10055 West Gulf Bank | Houston, TX 77040 | 713.688.1500

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