PSA Perspective

  1. IRS Addresses the ACA Family Glitch (Benefit Minute)

    Since 2014, eligibility for ACA Marketplace premium tax credits for all family members of an employee has been determined based on whether the cost of employee-only coverage is affordable (i.e. not more than 9.61% of household income for 2022) and provides minimum value coverage to the employee. This is regardless of the additional cost to […]

  2. Jeff Bloomfield: The Science of Trust – How Great Communicators Connect

    In our most recent partnership webinar, Jeff Bloomfield, former biotech executive, farm boy, and cancer survivor, addressed the #1 determining success factor of any organization – the ability to communicate effectively and gain trust amongst all of your critical audiences – customers, vendors, strategic partners, and employees.   With his unique background and knowledge of neuroscience […]

  3. Prescription Drug Reporting – The Next Transparency Requirement (Benefit Minute)

    The Consolidated Appropriations Act of 2021 (CAA) added a requirement for group health plans and health insurance issuers to provide certain information about prescription drug and health care costs. The deadline for first year reporting (2020) was originally December 27, 2021. However, it was subsequently extended to December 27, 2022 for calendar years 2020 and […]

  4. PSA In Good Health Volume 9 Tips

    Food Matters! Eat these Superfoods to Help Reduce Stress Stressors are a part of our everyday lives. When we experience changes or challenges that come from stress, our bodies produce both mental and physical responses. In this In Good Health flyer, learn about stress responses, foods to eat to help you reduce stress, and what foods […]

  5. Hurricane Cleanup and Recovery Tips for Businesses

    Recovering a commercial business in the aftermath of a hurricane can be challenging. According to the Federal Emergency Management Agency (FEMA), more than 40% of businesses don’t reopen after a disaster. The following tips can your organization increase the likelihood that your business will survive or recover from a severe storm: Conduct a site assessment […]

  6. Broker Compensation Disclosures: A Fiduciary Responsibility (Benefit Minute)

    The Consolidated Appropriations Act of 2021 (CAA) added a requirement for entities rendering brokerage or consulting services to ERISA-covered group health plans to disclose in writing to plan fiduciaries all direct and indirect compensation received for providing services to the plan. Plan fiduciaries must obtain and review this compensation information before entering into the arrangement […]

  7. PSA In Good Health Volume 8 Tips

    My Doctor Won’t Listen to Me… How to Promote Better Communication with Your Doctor Good health care starts with good communication practices, but communication between you and your doctor can sometimes be difficult. At times, we tend to not share everything with our doctors including if we are unhappy with our visits. It is important […]

  8. Michelle Worsham Partners with PSA to Support Kennedy Krieger’s International Center for Spinal Cord Injury

    At PSA, we are committed to giving back to the community. Our employees are encouraged to nominate a non-profit organization of their choice to be considered as the recipient of PSA’s employee charitable fund donation. A different employee-nominated non-profit is selected to receive the funds on a quarterly basis. 

  9. Recent Compliance Updates (Benefit Minute)

    HSA Limits for 2023 IRS Revenue Procedure 2022-24 updated the limits for qualified high deductible health plans (QHDHPs) for plan years beginning in 2023 as well as the 2023 calendar year health savings account (HSA) contribution limits, as set forth below: For non-grandfathered health plans that are not QHDHPs, the out-of-pocket maximums for plan years […]