Welcome to Kapnick's
Employee Education Portal!
This portal provides access to all of Kapnick's employee education and compliance materials, most commonly received via our corporate newsletter. The contents of this library are for client use.
This Month's Employee Education Topic
Know What's Covered
Printable Flyer
When unexpected illnesses or injuries come up, knowing what your health plan covers and doesn’t cover can be confusing. This information could be the difference between paying a small percentage of healthcare costs, known as a copay or coinsurance, or paying the entire bill.
Luckily, insurance providers provide resources that break down the most common services and how much you will pay out-of-pocket for them. These resources include documents such as a summary of benefits and coverage (SBC) and online resources through the carrier website.
This Month's Compliance Topic
Annual Contribution Limits - Health FSAs, HSAs, & DCAPs
Employer Guide
Health flexible spending arrangements (FSAs) and health savings accounts (HSAs) provide tax-favored reimbursement of qualifying medical expenses, and dependent care assistance plans (DCAPs) provide tax-favored reimbursement of qualifying daycare expenses. The IRS limits the amount that individuals may benefit from these arrangements on a tax-favored basis, and each of these arrangements is subject to different rules with respect to annual contribution and reimbursement limits, which is a common source of confusion.