Medcom is getting a lot of questions regarding Flexible Spending Accounts, and other tax-advantaged benefit plans, and mid-year changes. We are here to provide additional clarification in a time when that seems hard to find. We are certainly in unusual territory, and the situation and changes with the IRS are fluid. 

To date, we still have not seen that the IRS has allowed for any new mid-year election changes to FSA's in light of the coronavirus or any changes to grace periods or rollovers. Under the existing rules, the Plan Administrator generally has the right...

When I dreamt of what it would be like to work remotely, I never really imagined it would be like this. I didn't think we would be in the situation, which has forced many of us to retreat to our homes, only venturing out for necessities and fresh air at the end of the day. No, I never pictured it quite like this. I thought it would be fun, focused, but, more importantly, part-time.

Many people are facing new challenges right now, one of them being work. How do we find focus amid the chaos...

As the Coronavirus (COVID-19) continues to impact our daily lives, we must keep up to date with new government acts and announcements to remain aware of what is changing. Many of us are transitioning to new, isolated lifestyles as a precautionary measure to diminish the spread of this contagious virus, but unfortunately, some may already be exposed. 

Yesterday, the House and Senate passed the Families First Coronavirus Response Act. From there, the Act was promptly signed by the President of the United States, to take effect April 2, 2020. Within the new Act, there are two sections related...

I recently used my organization’s offered telemedicine program, and it was AWESOME! I’d been sick for a few days, knowing it felt a lot like a sinus infection. I decided to treat myself at home, but over-the-counter sinus meds and using the neti pot only helped so much, and I was way too busy to be sick. So, I looked up the intro email provided by my HR manager, clicked the link, and was amazed by how effective and easy the process was for me.

According to the Employee Benefits Survey, completed in 2019...