Peak1 Earns HITRUST Certification

Peak1 Administration LLC Achieves HITRUST CSF® Certification to Manage Risk, Improve Security Posture and Meet Compliance Requirements. Coeur d’Alene ID December 12, 2018 – Peak1 Administration LLC, a leading provider of single source solution for FSA, HRA, VEBA, Section 115, HSA, Transportation, Retiree Billing and COBRA administration products and services, today announced Peak1 Administration has earned Certified status for information security by HITRUST.  HITRUST CSF Certified status demo… Read More
December 23, 2017  Larry Grudzien Attorney-At-Law    In Notice 2018-06, IRS extends the 2018 deadline from January 31 to March 2 for employers and insurers to furnish individual statements on 2017 health coverage and full-time employee status (Forms 1095-B and 1095-C). The notice also extends 2016 good-faith penalty relief to 2017 for incorrect or incomplete reports due in 2018.   In the Notice, the IRS did not extend the due date for filing the 1095 forms with the IRS  February 28, 2018 (… Read More

MAY 5TH, 2017

2018 HSA Limits Released

The IRS released the 2018 figures for HSAs in Revenue Procedure 2017-37 yesterday, May 4, 2017. The table below illustrates the new limits. Health Savings Account (HSA)       2014 2015 2016 2017 2018 Minimum deductible amounts for the qualifying high-deductible health plan (HDHP) Individual coverage $1,250 $1,300 $1,300 $1,300 $1,350 Family coverage $2,500 $2,600 $2,600 $2,600 $2… Read More


President Signs HRA Revisions

Yesterday, President Obama signed H.R. 34, which includes a variety of healthcare provisions, including the 21st Century Cures Act and the Peak1-supported HRA provision for eligible small employers. For HRA provision specifics, see page 824, section 18001 of the legislation. The provision allows for eligible small employers to offer Health Reimbursement Arrangements (HRAs) that are funded solely by the employer to reimburse employees for qualified medical expenses, including health insurance pr… Read More
No doubt you've heard about the rise of Consumer Driven Healthcare in the market, but do you know what it takes to capture the opportunity? Within this on-demand webinar you'll learn about how we have the experience and understanding to help make winning with these accounts easy. Topics we discuss include:   •Health Savings Accounts (HSA) •Flexible Spending Accounts (FSA) •Health Reimbursement Arrangements (HRA) •Commuter Benefit Accounts •Dependent Care Accounts It only takes 30 minutes… Read More
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