Employers that provide an ICHRA must furnish written notice to each participant containing information such as a description of the HRA’s terms, a statement that the HRA may not reimburse medical expenses unless substantiation requirements are met, and the contact information of a person who...
A proposed rule from the Department of the Treasury, Department of Labor and Department of Health and Human Services aims to expand the flexibility and use of HRAs. Read this blog post to learn more. ...
Change is not the order of the day for health savings account (HSA) limits in 2017. The Internal Revenue Service (IRS) issued its new guidelines for contributions and out-of-pocket expenses for HSAs that are tied to a high-deductible plan this week....
Original post benefitnews.com Employers are passing more and more healthcare responsibility to their employees, and in some cases, giving them a greater share of the financial burden. Likewise, businesses are looking for ways to help employees manage healthcare expenses. There are a number of products for...
All plans that provide medical coverage to employees owe this fee. Medical coverage includes preferred provider (PPO) plans, health maintenance organization (HMO) plans, point-of-service (POS) plans, high deductible health plans (HDHPs), and health reimbursement arrangements (HRAs). Read more here...
Because of the government shutdown, very little has been issued in the way of regulations or notices during October. Several items of interest to group health plans were released in September, however....
IRS releases proposed regulations on minimum value that employers need to know....