On October 29, 2018, the Departments of the Treasury, Health and Human Services, and Labor jointly issued proposed regulations providing employer plan sponsors greater flexibility in integrating health reimbursement accounts (HRAs) with other health insurance coverage. The proposed regulations would take effect for plan years beginning on or after January 1, 2020, and would make the changes described below. The deadline for submitting comments on the proposed regulations is December 28, 2018.
Continue Reading Proposed Regulations Allow HRA Integration of HRAs with Individual Health Insurance Plans
HRA
FAQs Delay Deadline for Providing Exchange Notices and Provide Other ACA Guidance
By Inside Compensation on
Posted in Health Plans, Welfare Plans
The Labor Department has postponed the March 1 deadline for notifying employees of their right to purchase health insurance on the Exchanges. Frequently asked questions (“FAQs”) released by the Departments of Labor, Health and Human Services, and Treasury also provide guidance on Affordable Care Act requirements for health reimbursement accounts (“HRAs”), self-insured Employer Group Waiver Plans (“EGWPs”), and the payment of Patient Centered Outcomes Research Institute (“PCORI”) fees from plan assets. …
Continue Reading FAQs Delay Deadline for Providing Exchange Notices and Provide Other ACA Guidance