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Health

Group Health Insurance has many options available. Employers are looking at the cost effective ways to keep the premium affordable and provide the best employee benefit package for their employees.

  • HRAs (Health Reimbursement Accounts)
  • HSAs (Health Saving Accounts)
  • Wellness Programs
  • FSAs (Flexible Spending Accounts)
  • PCAs (Personal Care Accounts)
  • Dependent Care (DCFSA)

 

Connect with VIP today to get started on a business health plan. We will help come up with a customized plan perfectly suitable for you.

Basic Health 101

Private Exchange

Health Savings Account (HSA) – IRS Limits

2019 IRS Limits

 

Maximum Contribution Limit

$3,500

$7,000

Minimum Deductible

$1,350

$2,700

Maximum
Out-of-Pocket

$6,750

$13,500

Catch-up Contribution (55+)

$1,000

$1,000

 

2020 IRS Limits

 

Maximum Contribution Limit

$3,550

$7,100

Minimum Deductible

$1,400

$2,800

Maximum
Out-of-Pocket

$6,900

$13,800

Catch-up Contribution (55+)

$1,000

$1,000

 

Flexible Spending Account (FSA) – IRS Limits

2019 Maximum Contribution:

$2,700

2020 Maximum Contribution:

$2,750

Dependent Care Flexible Spending Account (DCFSA) – IRS Limits

2019 Maximum Contribution:

$2,500

2020 Maximum Contribution:

$2,500

If filing taxes jointly, Maximum Contribution: $5,000

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