Latest News and Alerts

November 15, 2018
2019 Medical FSA and QTA limits - The IRS has announced that the 2019 salary reduction limit for Medical FSAs is $2,700. There is no change to the annual maximum for Dependent Care FSAs. The new monthly maximums for Qualified Transportation Accounts are $265 for transit expenses and $265 for parking expenses.
November 13, 2018
Thanksgiving Holiday Processing Notice -
Please note that our offices will be closed on Thursday and Friday, November 22nd and 23rd. All eligible claims received by noon on Monday, November 19th will be processed on Wednesday, November 21st. Have a wonderful holiday!
October 24, 2018
Feds Announce New HRA Options - A new Proposed Rule, Health Reimbursement Arrangements and other Account Based Group Health Plans was announced yesterday by the Department of Labor, Treasury and Health and Human Services. The proposed regulation, which will be effective for plan years beginning on or after January 1, 2020, makes significant changes to the rules currently applicable to HRAs. It is scheduled to be published in the Federal Register on October 29th followed by a 60-day comment period. Highlights are below:

Premium Reimbursement HRA
Employers of any size may establish an HRA that reimburses an employee’s premium for major medical insurance purchased in the individual market (including the Exchange) provided that certain requirements are met. Participants will be permitted to pay the premium difference with pre-tax salary reductions via a Section 125 plan.

“Stand Alone” HRA
Employers who offer group health insurance will be permitted to offer an HRA to reimburse certain excepted benefits (e.g., dental insurance premiums and premiums for short-term health plans) up to an annual maximum benefit of $1,800. As with all HRAs, a limited or unlimited carryover provision may be included. The new rule dovetails perfectly with GDI’s existing HRA services. We are excited to enter this next phase of consumer-directed health care with our clients and broker partners. Updates will be announced as they occur.
June 07, 2018
GDI Recognized by WEX Health for Outstanding Achievements - GDI has been honored by WEX Health with a 2017 Partner Excellence Award. We were selected for the Evangelism Award because of our accomplishments in developing and delivering innovative and creative solutions as well as excellence in service, evangelism and leadership. Our President & CEO, Cliff Mohr acknowledged the award by saying: "WEX shares and supports our mission to provide great product and service solutions to our clients. We're focused on making life easier for our clients and our shared participants and the WEX Health platform is a key reason we're successful. The award validates the hard work of a terrific staff who strive to make every client interaction a positive one."
April 26, 2018
Change to HSA Family Limit - The IRS announced today that the previously released reduction in the maximum family contribution limit to a Health Savings Account (“HSA”) from $6,900 to $6,850 has been withdrawn. Taxpayers with family coverage under a qualified High Deductible Health plan may contribution up to $6,900 for the 2018 calendar year.

The remaining HSA and HDHP limits for 2018 are not impacted. The HSA annual contribution limit remains at $3,450/Single. The 2018 minimum statutory deductible for an HSA-qualified High Deductible Health Plan is $1,350/Single and $2,700/Family, the 2018 out-of-pocket limit for these plans is $6,650/Single and $13,300/Family, and the 2018 HSA Catch-up contribution is $1,000.