Understanding how COBRA and Medicare interact can be tricky. The relationship between the two depends upon Medicare entitlement. An individual is entitled to Medicare if he or she is eligible for and enrolled in Medicare.
On March 5, 2018, the IRS released Revenue Procedure: 2018-18, which changed the 2018 HSA family contribution maximum from $6,900 to $6,850. Our systems have been updated accordingly. If an employee has over-contributed, he or she can submit a distribution request for the excess contribution using the HSA distribution form available on their member portal. As always, our Member Services team can assist your employees at 1-855-492-8762.
