ACA Reporting: The Impact on Cobra and Account-Based Plans

BPC has carefully monitored the regulations surrounding ACA reporting as they have developed over the past several years. This fall, the IRS finalized forms and instructions related to ACA reporting, and we want to take a moment to detail how your account-based health plans (HRAs, FSAs, and HSAs), and COBRA coverage, could impact your reporting obligations.

The good news: most account-based plans won't have any impact on your ACA reporting, with the exception of a small number of HRAs.

However, COBRA coverage is likely to have a larger impact on many employers, since individuals on COBRA may need to be reported in some circumstances.

To learn specifics about ACA reporting requirements and how they may impact account-based plans and COBRA please visit our ACA Reporting Resource page for full details.

Posted on December 11, 2015 and filed under FSA, HRA, HSA.