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June 2023 Newsletter

Wednesday, June 07, 2023

Employee Wellness June Employee Wellness

Provide your employees with the latest wellness newsletter with the June edition of Live Well, Work Well. Also available in Spanish.

Educate employees about their benefits with the June Benefits & Me Newsletter.

HSA HDHP Limits Will Increase for 2024

The IRS recently released the inflation-adjusted limits for HSAs and high deductible health plans (HDHPs). The limits include the max HSA contribution, the minimum deductible for HDHPs, and the max OOP expense limit for HDHPs. Click here to learn more. 

Medicare News

A Covid Test Medicare Scam May Be a Trial Run for Further Fraud

Helping Employees Navigate Phased Retirement

Medicare Will Pay for Alzheimer's Drugs that Win FDA Approval

Sentara Introduces New Company Name and Logo

Optima Health's parent company, Sentara, announced a new name, Sentara Health, and a new logo to better reflect their enhanced focus on promoting the overall health and well-being of their consumers. 

How does this impact Optima Health Employer Groups and Members? They will continue to sell Optima Health branded products through the end of this year for effective dates in 2023. This fall, they will begin selling commercial and Medicare as Sentara Health Plans for 2024 effective dates. Also, Virginia Premier Medicaid members will become Optima Health Medicaid members beginning July 1, 2023.

Sentara will launch a brand awareness campaign this summer and update 2024 materials with the new brand. More details on upcoming changes are below and additional information will be shared in the weeks and months to come. Learn more here!

HR Insights  June HR Insights

June HR Brief Newsletter

DOL's New Mental Health at Work Initiative

PCORI Fees are Due July 31, 2023

Rescheduled: How Employers Should Handle PCORI Fees

New Date: Wednesday, June 28, 2023 | 2:00 - 3:00 PM

We rescheduled this webinar for a later date because IRS Form 720 released in March 2023 does not reflect the correct rate per covered life for plan years ending after October 1, 2022 and before October 1, 2023. The correct amount is $3.00 but the Form 720 reflects the 2021-2022 rate of $2.79. We are hoping that by our new date, the IRS will have made this correction to the form.

Click here to register!