Employers that sponsor group health plans should provide certain benefit notices in connection with their plans’ open enrollment periods.
OVERVIEW On July 17, 2019, the IRS released Notice 2019-45 to add care for a range of chronic conditions to the list of preventive care benefits that can be provided by a high deductible health plan (HDHP) without a deductible. Individuals who are covered by an HDHP generally may establish and make contributions to a … Continue reading IRS Expands Preventive Care for HDHPs to Include Chronic Conditions
On June 13, 2019, the Departments of Labor (DOL), Health and Human Services (HHS) and the Treasury (Departments) issued a final rule that expands the usability of health reimbursement arrangements (HRAs). Effective in 2020, the final rule establishes two new types of HRAs: Individual Coverage HRA: Allows employers to offer an HRA to be used … Continue reading Final Rule Expands Options For HRAs
This chronic disease is the seventh-leading cause of death in the U.S. and the number one cause of kidney failure, lower-limb amputations and adult-onset blindness. Good News - it is preventable
On Oct. 23, 2018, the Departments of Labor, Health and Human Services, and the Treasury (Departments) issued a proposed rule that would expand the usability of health reimbursement arrangements (HRAs). Effective in 2020, the proposed rule would: Allow HRAs to be used to reimburse the cost of individual market premiums on a tax-preferred basis, subject … Continue reading Options for HRAs Would Be Expanded Under Proposed Rule
Each year, the Kaiser Family Foundation and the Health Research & Educational Trust conduct a survey to examine employer-sponsored health benefit trends such as annual deductibles, plan enrollment, and health and wellness programs. The 2018 edition of this survey has been released, and it discusses a lot, including how health care costs continue to rise. … Continue reading Health Care Costs Still Rising, According to Annual Survey
Each year, once the dust of open enrollment settles, employers always ask, “What could we have done better?” The usual answer: employee communication. HR is in a unique position to talk about open enrollment because of their relation to employees and their extensive benefits knowledge. With this in mind, consider having HR distribute open enrollment … Continue reading Spread the Word: Open Enrollment is Around the Corner