Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Pension Consultant

Randall & Hurley, Inc.
(Remote / Liberty Lake WA / Helena MT)

Randall & Hurley, Inc. logo

Retirement Plan Administrator - Senior Associate

PBMares
(Norfolk VA)

PBMares logo

Plan Compliance Analyst (Administrator)

RPA
(Remote)

RPA logo

Education Consultant

Pentegra
(Remote / Putnam Valley NY)

Pentegra logo

Senior Defined Benefits Consultant

Loren D. Stark Company
(Remote)

Loren D. Stark Company logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>



IRS Issues More Guidance on Premium Payment Arrangements
Timothy Jost, in Health Affairs ForefrontLink to more items from this source
[Guidance Overview]
Feb. 19, 2015

"The [IRS] continues to struggle with the question of how the [ACA] affects various arrangements through which employers attempt to pay premiums for employees to purchase health insurance coverage in the individual market.... On February 18, 2015, it released yet another guidance on this issue, this one focused on small employers.... The agencies have taken the position that employer payment plans are group health plans, and thus must comply with the ACA's market reforms. A group health plan must under these reforms cover at least preventive care and may not have annual dollar limits. A premium payment-only HRA or other payment arrangement that simply pays employee premiums does not comply with these requirements. An employer that offers such an arrangement, therefore, is subject to a fine of $100 per employee per day."

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2022 BenefitsLink.com, Inc.