February 17, 2021

Today, savings and spending plan participants can swipe their benefit card and funds are automatically deducted from their benefit account(s) for eligible expenses. The benefit card eliminates most out-of-pocket cash outlays and paperwork, as well as the need for reimbursement checks. Some FSA and HRA debit card transactions, however, may still require substantiation. These substantiation requests can be a real pain point for employers and plan participants, so here are some helpful details to provide clarity.

February 17, 2021

As we get further into 2021, it is unclear when the COVID-19 national emergency ("Outbreak Period") will end. However, the temporary extension of certain benefits time frames can be no more than one year (ending at the latest on February 28, 2021). Health and benefits professionals and their advisors should be aware of the imminent end to the relief and start planning to rollback processes to regular time frames effective March 1, 2021. 

June 5, 2020

In response to questions we have received related to the benefit plans we administer, Chard Snyder has compiled these helpful resources to provide guidance for our partners. Answers include the most recent information shared by the U.S. government and its agencies regarding the impact of COVID-19 on these services.

March 30, 2020

On Friday, March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief and Economic Security (CARES) Act to aid businesses, workers, and the U.S. healthcare system in dealing with the coronavirus pandemic.