News-to-Use

Question of the Week

Q.- We offer an HRA plan. Someone who is eligible for premium assistance under the American Rescue Plan Act is covered under our HRA. What amount of premium can we claim ...
READ MORE

News from the IRS: 2021 Draft 1095 Forms Released

The IRS released its draft forms for 2021 ACA reporting.
READ MORE

2022 HDHP/HSA Limits

The Internal Revenue Service announced tax code inflation adjustments for HDHPs/HSAs/HRAs for the 2022 tax year. Employers should note the new, upcoming limits for their ...
READ MORE

Individual HRA and ACA Reporting

Employers that offer Individual Coverage Health Reimbursement Accounts (ICHRAs) must report that coverage on ACA Form 1095-B/C. 
READ MORE

Question of the Week

Q.- Are all-natural homeopathic products eligible for reimbursement from a health flexible spending account plan?
READ MORE

Question of the Week

Q.- An employee is traveling across the state to see a specialist for cancer treatment. He asked if he can be reimbursed from his health FSA for the cost to get to the ...
READ MORE

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 ...
READ MORE

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 ...
READ MORE

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 ...
READ MORE

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 ...
READ MORE