By Danielle Capilla Chief Compliance Officer at United Benefit Advisors Health reimbursement arrangements (HRAs), health savings accounts (HSAs) and health care flexible spending accounts (HFSAs) are generally referred to as account-based plans. That is because each participant has their own account, at least for bookkeeping purposes. Under the tax rules, amounts may be contributed to […]
by Jennifer Kupper In-house Counsel for iaCONSULTING, a UBA Partner Firm The Patient Protection and Affordable Care Act (PPACA) specifically encourages and promotes the expansion of wellness programs in both the individual and group markets. In the individual market, the secretaries of the departments of Health and Human Services (HHS), Treasury, and Labor are directed […]
By Danielle Capilla, Chief Compliance Officer at United Benefit Advisors In Benefit and Payment Parameters for 2016 Final Rule issued in February 2015, federal agencies included a clarification that the annual cost-sharing limitations for self coverage apply to individuals, regardless of individual is covered by self-only plan or is covered by another kind of plan. […]
By Elizabeth Kay, Compliance & Retention Analyst AEIS Advisors With the passage of the Patient Protection and Affordable Care Act (PPACA), we saw a number of hospitals and provider groups being bought and merged with larger provider groups. This was done for two reasons. One, in part to make sure that they were able to […]