The IRS announced a change that lowers the 2018 maximum contribution amount to an HSA for participants covered by an HSA qualified High Deductible Health Plan (HDHP). A provision in the tax reform bill enacted last year, the Tax Cuts … Read More

DBS will be closed on the following dates: December 25th Closed December 26th Closed January 1st Closed Claims Deadline and Reimbursement Dates are adjusted as follows: Claim Deadline Date: December 13th For all reimbursements scheduled between Dec 22nd and Dec … Read More

Diversified Benefit Services, Inc. will be closed on November 23rd  and 24th in observance of the Thanksgiving Holiday.  Claims deadline and reimbursement dates will be affected.  The adjusted dates are as follows: Reimbursement Date:                         Nov. 24th Adjusted Claims Deadline Date:       Nov. … Read More

Monday, October 9, 2017 is Columbus Day.  Diversified Benefit Services, Inc. will be open to provide service to you and your participants, however, the Federal Reserve is closed and submission of banking transactions is prohibited. This affects the claims filing … Read More

Diversified Benefit Services, Inc. will be closed on Monday, September 4, 2017 in observance of the Labor Day Holiday.  The claims deadline will be affected as follows: Scheduled Reimbursement Date:   Friday, September 8, 2017 Adjusted Claims Deadline Date:      9:00 am CST Thursday, … Read More

What is the PCOR Fee? As part of the Affordable Care Act (ACA), the fee was implemented that applies to group health plans.  The fee is called PCOR (Patient Centered Outcome Research Trust Fund) and the purpose of the fee … Read More

General Overview The House of Representatives and Senate passed legislation, and on Friday December 18th, President Obama signed the legislation that will delay for 2 years the implementation of the excise tax on high cost health plans (which includes the … Read More

General Overview Section 6055 was added to the Internal Revenue Code with the passage of the Affordable Care Act (ACA). This section requires that every provider of minimum essential coverage (MEC) report coverage information to the IRS by filing a … Read More

Patient Centered Outcome Research Trust Fund (PCOR) Fees The IRS released Notice 2015-60 that adjusted the amount of the PCOR fee for plan or policy years that end on or after October 1, 2015 and before October 1, 2016. The … Read More

[Rev. Proc. 2015-30] Contribution Limits The IRS has released the 2016 cost-of-living adjustments affecting HSAs and HDHPs. The 2016 annual HSA contribution limit for individuals with self-only HDHP coverage is $3,350 (no increase from 2015), and the limit for individuals … Read More