The IRS has recently issued notices that will affect health reimbursement arrangements (HRA) and health flexible spending accounts (FSA). Beginning in 2014, most employers will not be able to have an HRA or a health FSA unless they also sponsor a group medical plan. Reimbursement of individual policies will also be prohibited. Employers now have more flexibility with their health FSAs, as some carryover of unused contributions will be allowed.
In this 90-minute intermediate level webinar, we will compare these account-based health plans, discuss how they interact, and explain how they are affected by the Patient Protection and Affordable Care Act. We will also discuss the timing of any needed plan amendments.