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Pioneers in 5 Star Service • Ronstadt Insurance • Tucson, AZ • 520-721-4848

Archive for Items Categorized 'Health Insurance'

Proposed Regulations Expanding Health Reimbursement Accounts (HRA) Released

The IRS and U.S. Departments of Treasury, Labor and HHS have proposed new regulations for Health Reimbursement Accounts (HRAs), which could expand opportunities for employees and their families to access affordable, quality healthcare.

The proposed regulation would increase the flexibility and use of HRAs by:

  • Allowing HRAs to reimburse employees for individual insurance premiums
  • Allowing employers to offer standalone HRAs of up to $1,800 if certain conditions are met.

These proposed changes would become effective January 1, 2020.

More information to come. If you have questions on how these regulations may impact your plan, give us a call at (520) 721-4848.

Blue Cross Blue Shield of Arizona Medicare Members *ALERT*

 

LOSS OF LOW-INCOME SUBSIDY (LIS) LETTERS MAILED

Loss of low-income subsidy (LIS) letters were mailed to members who no longer qualify for extra help with their Medicare prescription drug costs effective January 1, 2018. The letter included membersā€™ new premium and cost-sharing amounts that went into effect January 1, 2018. Members who no longer have the subsidy can switch plans as part of a special enrollment period (SEP) or stay with the same plan. The letters were sent to 214 Blue MedicareRx members. A sample letter is availableĀ here. (more…)