Archive by month: 2014-3Return
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New Guidance for Health FSA Rollover and HSAs

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In a memorandum released March 28, 2014, the IRS provides guidance for how a health FSA rollover can apply to an employee who would otherwise be eligible to make health savings account (HSA) contributions.
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Categories: Benefits in General, Compliance | Tags: FSA , Rollover , HSA
On a voice vote March 27, 2014, the House of Representatives passed H.R. 4302, the “Protecting Access to Medicare Act of 2014.” Section 213 of the Act would eliminate the maximum deductible cap that health care reform placed on small employer group health insurance plans.
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Categories: Health Care Reform, Benefits in General, Compliance, Health Care in General | Tags: Small Employer
The Centers for Medicare and Medicaid Services (CMS) has issued an FAQ regarding insured health plan coverage for same-sex spouses in states that do not recognize same sex marriage.
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Categories: Benefits in General, Compliance | Tags: Same-Sex Marriage

HHS Announces $44 2015 Reinsurance Fee

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The Department of Health and Human Services (HHS) has set the per covered life transitional reinsurance (TR) fee at $44 for calendar year 2015 ($3.67/month), payable in 2016.
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Categories: Health Care Reform, Benefits in General, Compliance | Tags: HHS
Final regulations regarding the information reporting that applicable large employers must provide as part of the employer shared responsibility provision of the ACA were issued by the Treasury Department on March 5, 2014.
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Categories: Health Care Reform, Compliance, Health Care in General | Tags: Employer , Mandate

Same-Sex Marriage and State Income Taxes

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Based on IRS guidance, legally married same sex couples are eligible for federal tax free benefits, such as payment of health plan premiums, coverage from a health flexible spending account (FSA) or health reimbursement arrangement (HRA) and contributions to a health savings account (HSA), regardless of where the couple lives.
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Categories: Benefits in General, Compliance | Tags: Same-Sex Marriage , Tax , Taxes
Last fall, the Obama administration provided temporary relief for individuals and small employers to renew health plans up to October 1, 2014 that do not comply with several key provisions of Health Care Reform.
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Categories: Health Care Reform, Benefits in General, Compliance | Tags: Small Employer , Individual