Archive by month: 2014-4Return
RSS

Maximum Cost-Sharing Limits Could be Confusing

posted on
As we reported in our article IRS Announces 2015 HDHP and HSA Limits (4/23/14), the maximum out-of-pocket (OOP) limits for a high deductible health plan (HDHP) in 2015 has already been announced.
Read More
Categories: Health Care Reform, Benefits in General, Compliance | Tags: Maximum , Limits

Non-dependent Domestic Partner HRA Coverage

posted on
In a letter ruling released recently by the IRS, the federal tax consequences of providing coverage under a voluntary employee benefit association’s (VEBA’s) health reimbursement arrangement (HRA) provides insight for how HRA coverage provided by any employer’s HRA to an employee’s non-dependent domestic partner should be addressed.
Read More
Categories: Health Care Reform, Benefits in General, Compliance | Tags: Domestic , Partner , Spouse , Marriage

IRS Announces 2015 HDHP and HSA Limits

posted on
In Revenue Procedure 2014-30, the IRS has announced the calendar year 2015 inflation adjusted contribution maximum amounts for a health savings account (HSA) and the accompanying high deductible health plan (HDHP) minimum deductible and maximum out-of-pocket (OOP) thresholds.
Read More
Categories: Benefits in General, Compliance | Tags: IRS , HDHP , HSA
The Department of Labor (DOL) has expanded its scope of COBRA audits of employers to also audit employers for compliance with Affordable Care Act (ACA) provisions.
Read More
Categories: Health Care Reform, Benefits in General, Compliance | Tags: COBRA
In a Chief Counsel Advice (CCA) memorandum released by the IRS, guidance has been provided on corrective action that a cafeteria plan sponsor (employer) or their third party administrator (TPA) can take to resolve health FSA payments for expenses that are not properly substantiated or are later determined to be ineligible expenses.
Read More
Categories: Benefits in General, Compliance | Tags: FSA