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Supporting Small Businesses

Supporting Small Businesses

In Celebration of National Giving Day this past Tuesday, Medcom wants to put a spotlight on some local businesses that are important to us. We all want to get our Christmas shopping done early, so knock it out by shopping small! Medcom Benefit Solutions is based in Jacksonville, Florida, so we want to highlight these businesses that you are also able to support online! 

Spruce is a new business coming to the Murray Hill area of Jacksonville! This new 'Plant Bar', will not only serve Beer and Wine but also Coffee and Plants. Murray...

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The Earth Charter Webinar Series

The Earth Charter Webinar Series

Over the past two weeks, Medcom has been releasing each session of the Earth Charter Webinar Series. The Series is meant to not only spread the positive and connecting message of the Earth Charter and its four pillars but to also hear about them from thought leaders around the world.

Session 1, Introduction

Earth Charter International is an organization that cultivates a global network of people creating enthusiastic local action to make the world a better place. ECI also offers a globally renowned education center that teaches online and in-person classes about leadership, sustainability, and ethics....

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2021 Benefit Limits Announced

2021 Benefit Limits Announced

The Internal Revenue Service released new 2021 benefit limits on October 27. The annual inflation adjustments show more than 60 tx provisions for the new year. However, several employee benefit limitation amounts will remain the same for 2021. We are here to provide a list of changes and a list of what will stay the same.

2021 Tax Limit Changes: The adoption credit, or the amount excluded for adoption assistance, allowed for an adoption of a child with special needs increase to $14,440. The amount for employee health insurance expenses of small employers increases to $27,800 (used for the tax credit). Limitation regarding eligible long-term...

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CDHP Basics: FSAs and HSAs

CDHP Basics: FSAs and HSAs

Offering employees attractive benefits is a great way to improve engagement and retention. For example, FSAs and HSAs are healthcare plans that cover medically-related expenses not included under a traditional health plan. However, many people do not know what is included in an HSA or FSA. Before I became an employee at Medcom Benefits, I had no idea what they were either! 

Do you know the difference between an HSA and FSA?

Both HSAs and FSAs allow people with health insurance to set aside money for health care costs, including deductibles, copayments and...

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