( 15 MINUTE READ ) 10/26/20 Update: Updated for the 2021 EBHRA limit, 2021 Health FSA limit, and 2021 QSE HRA limit. Health reimbursement arrangements (HRAs), health savings accounts (HSAs) and health care flexible spending accounts (HFSAs) are generally referred to as account-based plans. That is because each participant has his or her own account, […]
Read moreCategory: HRA
Update on Tri-Agency Final Rules on Health Reimbursement Arrangements
( 60 MINUTE READ ) 10/19/20 update: Under IRS Rev. Proc. 2020-43, the $1,800 excepted benefit health reimbursement arrangement (EBHRA) limit will remain at $1,800 for plan years beginning after December 31, 2020, and before January 1, 2022. On September 30, 2019, the Internal Revenue Service (IRS) published its proposed rules to clarify how the […]
Read moreWebinar: Considerations for Employers Moving to an ICHRA Group Health Plan Offering
Tuesday, September 8, 2020 2:00 p.m. ET / 11:00 a.m. PT Register Now This month’s webinar will provide an overview of the final rules on health reimbursement arrangements regarding individual coverage health reimbursement arrangements and the proposed rules regarding nondiscrimination and affordability. We will also discuss best practices for employers considering offering an individual coverage […]
Read moreHighlights of the Patient-Centered Outcomes (PCORI) / Comparative Effectiveness Fee
The Patient-Centered Outcomes Research Institute (PCORI) fee initially applied from 2012 to 2019. However, in December 2019, the Further Consolidated Appropriations Act, 2020 extended the fee to 2029. The fee is due based on plan/policy years ending on or after October 1, 2012, and before October 1, 2029. The fee is due by July 31 of the year following the calendar year in which the plan/policy year ended. This means that the first fee was due July 31, 2013, for those on November, December, and […]
Read moreWebinar: What Employers Need to Know About the New Final Rules on HRAs, Part 2
Tuesday, January 14, 2020 2:00 p.m. ET / 11:00 a.m. PT Register Now This webinar will provide an overview of the new final rules on health reimbursement arrangements regarding individual coverage HRAs with an emphasis on the proposed rules regarding nondiscrimination and affordability by: Describing what a health reimbursement arrangement (HRA) is Describing the new […]
Read moreHRAs, HSAs, and Health FSAs – What’s the Difference?
Health reimbursement arrangements (HRAs), health savings accounts (HSAs) and health care flexible spending accounts (HFSAs) are generally referred to as account-based plans. That is because each participant has his or her own account, at least for bookkeeping purposes. Under the tax rules, amounts may be contributed to these accounts (with certain restrictions) and used for […]
Read moreUpdate on Tri-Agency Final Rules on Health Reimbursement Arrangements
On September 30, 2019, the Internal Revenue Service (IRS) published its proposed rules to clarify how the employer shared responsibility provisions and Section 105(h) nondiscrimination rules apply to health reimbursement arrangements (HRAs) and other account-based group health plans that are integrated with individual health insurance coverage or Medicare. Also, the Centers for Medicare and Medicaid […]
Read moreSummer 2019 Benefits and Employment Briefing
IRS Finds 23andMe Genetic Results are a Medical Expense The IRS Offers Additional Relief for HDHPHSAs: New Preventive Care Benefits for Certain Chronic Conditions Deadline for Distributing Medicare Part D Creditable Coverage Notice Is Approaching! How to Handle Court Orders Mandating Coverage to an Ex-Spouse New Opportunities for Health Reimbursement Arrangements IRS Finds 23andMe […]
Read moreWebinar: What Employers Need to Know about the New Final Rules on Health Reimbursement Arrangements
Tuesday, September 17, 2019 2:00 p.m. ET / 11:00 a.m. PT Register Now This webinar will provide an overview of the new final rules on health reimbursement arrangements by: Describing what a health reimbursement arrangement (HRA) is Describing the new types of HRAs: the individual coverage HRA and the excepted benefit HRA Describing the types […]
Read moreTri-Agency Final Rules on Health Reimbursement Arrangements (HRAs)
The Department of the Treasury (Treasury), Department of Labor (DOL), and Department of Health and Human Services (HHS) (collectively, the Departments) released their final rules regarding health reimbursement arrangements (HRAs) and other account-based group health plans. The DOL also issued a news release, frequently asked questions, model notice, and model attestations. The final rules’ goal […]
Read more