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SSG Insights | Week of May 06, 2022


Generational Myths Part 4: Baby Boomers

The U.S. population soared following World War II and this surge created the aptly named Baby Boomer generation. This SSG Insight is Part 4 in our Generational Myths Series and uncovers the top 3 myths about baby boomers – a generation born between 1946 and 1964 that represents the eldest colleagues at work.

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HSA/HDHP Limits Increase for 2023

The IRS has released the inflation-adjusted limits for HSAs and HDHPs for 2023. Eligible individuals with self-only HDHP coverage will be able to contribute $3,850 to their HSAs for 2023, up from $3,650 for 2022. This SSG Compliance Advisor provides a comparison chart of the new limits for 2023 and more details.

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2023 Benefit and Payment Parameters

According to CMS, the 2023 benefit and payment parameters final rule seeks to strengthen the coverage offered by qualified health plans (QHPs) on the federal Marketplace. These parameters will also ensure consumers can more easily find the right form of quality, affordable coverage for their circumstances.

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