HR Elements – PPACA Update

After a month and a half of working through startup issues with its HealthCare.gov online health insurance marketplace, the Obama Administration turned heads by announcing on Nov. 14 that the federal government will not enforce many of the Patient Prot…

IRS and HHS Technical Clarifications

The IRS and HHS have issued a variety of updates and clarifications over the past two weeks, much of which are quite technical.

Open Enrollment is Over — Now What?

While there have been delays on some key provisions of PPACA, employers will need to start planning now to ensure compliance in 2015.

Top Five Health Insurance Options for Small Group Employers

Most of us are scratching our heads on a daily basis as the rules of health care reform seem to shift continually. Particularly for employers in the under 50 employee market, identifying marketplace health care coverage options has been a moving target.

Making Sense of the New Guidance Around HRAs

On Sept. 13, 2013, the IRS issued details on permissible health reimbursement arrangements(HRAs), providing some clarification on minimum essential, minimum value and affordable coverage, and addressing payment of individual premiums through an employe…

Health FSA Rules Liberalized

On Oct. 30, 2013, the Internal Revenue Service issued a notice that liberalizes the “use it or lose it” rule that applies to health flexible spending accounts (HFSAs) and clarifies that employers of all sizes may choose to amend their Section 125 plan to essentially treat the availability of the health marketplaces/exchanges as a one-time change in status event.

 

Fairmount Benefits Company

Two Radnor Corporate Center
Suite 110
Radnor, PA 19087
610-567-0175
800-527-3615

    Email Us