FSA Use-It-or-Lose-It Rule: Carryover, Grace Period, and What to Know
As your plan year wraps up, you might be thinking about the money sitting in your flexible spending account (FSA). If you haven’t spent it all, will you lose it? It’s a common concern. Many FSA holders are familiar with the use-it-or-lose-it rule. You need to use your funds within the plan year, or you’ll forfeit them. […]
Read MoreHow Offering an HSA Reduces Your FICA Tax Liability
Healthcare costs generally rise faster than inflation. In 2024, the average family premium reached $25,572, up 7% from the previous year. For small and midsize employers with tight budgets, savings on benefits create breathing room without sacrificing employee coverage. One effective way to reduce costs is by offering Health Savings Account contributions through a Section 125 […]
Read MoreThe Difference Card Acquires HealthCorum
Expanding Its Healthcare Data and Navigation Capabilities Greenwich, CT – The Difference Card, a leading provider of cost‑effective health insurance solutions, announced today that it has acquired HealthCorum, a healthcare data analytics company known for its provider quality scores, insights, and navigation technology that help organizations guide members to high‑value care. HealthCorum scores more than 1.5 million providers […]
Read MoreBroker of the Month: Joanna Antongiovanni at Higginbotham
Building Better Outcomes Through Partnership At The Difference Card, we recognize the brokers and consultants who go above and beyond to help employers control healthcare costs while improving the employee experience. This month, we are proud to recognize Joanna Antongiovanni of Higginbotham’s San Antonio, Texas office as our Broker of the Month. Joanna has established […]
Read More