Posts filed under HRA

HSA Limit Changes for 2018

The IRS released 2018 limits for Health Savings Accounts (HSAs) and qualified High Deductible Health Plans (HDHPs).

The newly adjusted limits for 2018 must be adhered to in order for a health plan to maintain its qualified status as an HDHP and to remain compatible with an HSA.

Posted on May 22, 2017 and filed under HSA, HRA.

New Small Employer HRA May Cover Individual Health Insurance Premiums

BPC is pleased to alert our clients and partners about the passage of 21st Century Cures Act which President Obama signed into law on December 13, 2016.  Of particular interest to employer benefits is a provision which will allow small employers to establish a Health Reimbursement Arrangement (HRA) in order to reimburse medical expenses, including for individual health insurance premiums, for employees and their families.

Posted on December 13, 2016 and filed under HRA, QSEHRA, COBRA.

Employers Beware of Reimbursing Individual Health Insurance Premiums

BPC fielded questions from clients and employers throughout 2015 about the prospect of dropping group health coverage and instead reimbursing employees for the cost of individual health insurance premiums.  These arrangements have taken various forms over the years – pre-tax reimbursement through a cafeteria plan, simple post-tax reimbursement, or non-taxable employer payments through an HRA. 

Posted on January 7, 2016 and filed under HRA.