BAS Blog


 

Executive Order Addresses HRAs

President Trump issued an Executive Order on October 12, 2017 entitled Promoting Healthcare Choice and Competition Across the United States.  The Order addresses three topics, but employers may be most interested in the potential changes to Health Reimbursement Accounts.

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BAS Launches New HRA Administration Services

Benefit Allocation Systems, Inc. will begin administering Health Reimbursement Accounts (“HRAs”) to compliment its online enrollment and Flexible Spending Account (“FSA”) administration services effective April 1, 2012.

This important offering will provide clients with three valuable service level options: (1) HRA Standalone administration, (2) FSA Standalone administration and (3) Combined HRA and FSA administration.

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HHS Provides Temporary Relief for Stand-Alone HRAs

U.S. Department of Health and Human Services (HHS) has indicated that all health reimbursement accounts (HRAs) that were in effect before September 23, 2010, are exempt from the Patient Protection and Affordable Care Act’s prohibition against annual limits for plan years beginning on or after September 23, 2010, and before January 1, 2014. Read More...

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HHS Provides Temporary Relief for Stand-Alone HRAs

U.S. Department of Health and Human Services (HHS) has indicated that all health reimbursement accounts (HRAs) that were in effect before September 23, 2010, are exempt from the Patient Protection and Affordable Care Act’s prohibition against annual limits for plan years beginning on or after September 23, 2010, and before January 1, 2014. Read More...

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