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Health Reimbursement Arrangement Plans UpdateLorman Education Services |
Apr. 2, 2020 Recorded Online Webcast |
Make sure you are in compliance with the new health reimbursement arrangement plan final regulations. On June 13, 2019, the U.S. Department of the Treasury, Department of Labor, and Department of Health and Human Services issued final regulations which expand the options for employers to fund health insurance for employees. As of January 1, 2020, any employer may establish an Individual Coverage HRA to provide an unlimited amount of employer funding for a class of employees to purchase individual health insurance coverage on or off an exchange. Also beginning January 1, 2020, employers are able to establish Excepted Benefit HRAs which may be offered in addition to a traditional group health plan to cover the costs of noncovered medical expenses and dental and vision insurance. This topic will review the benefits of establishing an Individual Coverage HRA or an Excepted Benefit HRA and provide you with what you need to know to establish one or both of them. Learning Objectives:
Faculty: Renee Lieux, Of Counsel, McNees Wallace & Nurick LLC |