October 5, 2013
Which Health Reimbursement Accounts (HRA) are allowed in 2014?
After reviewing the guidance issued from the Internal Revenue Service and Department of Labor from September 13, it’s clear that Health Reimbursement Arrangements (HRAs) are indeed affected by the Affordable Care Act in several ways.
So… Exactly which HRAs are allowed in 2014? And which aren’t? Let’s break it down:
- Acceptable:
- Integrated HRAs where participation in the HRA also requires participation in an employer-sponsored health plan
- Integrated HRAs where participation in the HRA also requires participation in another employer-sponsored health plan (i.e. a plan that is sponsored by a spouse’s employer) (more…)
