Compliance Watch: HRA

  • HRAs & Wellness Programs Working Together

    Employers can coordinate their wellness program with other employee health benefit plans including HRAs.

  • QSEHRA Notice Requirement Delayed

    Additional transition relief provided to employers offering Qualified Small Employer Health Reimbursement Arrangement (QSEHRA).

  • IRS Guidance on HRA Integration and Family Coverage

    There is more guidance for legislation that will be effective for plans that start on or after January 1, 2017.

  • 6055 and 6056 Reporting: HRAs

    Starting in 2016, Plan Sponsors, Insurers and Applicable Large Employer Members (ALE) will be required under code section 6055 and 6056 to send individual statements to covered individuals as well as report to the IRS about health coverage that was provided or offered in the preceding calendar year. Thus, health coverage provided or offered in 2015 will be reported in 2016. This reporting assists with the administration of key tax provisions of healthcare reform.

  • Cadillac Tax and FSA, HRA & HSA Plans

    Beginning in 2018 {now delayed until 2020 under the Consolidated Appropriations Act, 2016} healthcare reform will require employers to pay an excise tax on certain high cost employer-sponsored health coverage. Thus, this tax will apply to coverage provided in 2019 and is payable in 2020. This tax is referred to as the Cadillac tax.