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Health Reimbursement Arrangement Plans Update

 

Make sure you are in compliance with the new health reimbursement arrangement plan final regulations.

On June 13, 2019, the U.S. Department of the Treasury, Department of Labor, and Department of Health and Human Services issued final regulations which expand the options for employers to fund health insurance for employees. As of January 1, 2020, any employer may establish an Individual Coverage HRA to provide an unlimited amount of employer funding for a class of employees to purchase individual health insurance coverage on or off an exchange. Also beginning January 1, 2020, employers are able to establish Excepted Benefit HRAs which may be offered in addition to a traditional group health plan to cover the costs of noncovered medical expenses and dental and vision insurance. This topic will review the benefits of establishing an Individual Coverage HRA or an Excepted Benefit HRA and provide you with what you need to know to establish one or both of them.

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Health Reimbursement Arrangement Plans Update

Agenda

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Health Reimbursement Arrangement Plans Update

Faculty

Renee Lieux

Renee Lieux

McNees Wallace & Nurick LLC

  • Of counsel at McNees Wallace & Nurick LLC
  • Practice emphasizes all aspects of employee benefits law and executive compensation
  • Conducts regular seminars on issues related to employee benefits and executive compensation
  • Author of articles related to executive compensation and employee benefits
  • Admitted to practice in Pennsylvania, Louisiana, and New York
  • LL.M. degree, Georgetown University Law Center; J.D. degree, University of Detroit Mercy School of Law; M.A. degree, Northwestern State University; B.A. degree, Louisiana State University
  • Can be contacted at 717-237-5484 or [email protected]
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Health Reimbursement Arrangement Plans Update

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