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

Final regulations and related guidance on 2019 Affordable Care Act (ACA) provisions

On April 9, 2018, the Department of Health and Human Services (HHS) issued final regulations and related guidance on Affordable Care Act (ACA) provisions including the Ten Essential Health Benefits (EHBs), annual out-of-pocket (OOP) maximums, and Marketplace updates and reforms.

The final rule affords greater flexibility to states for determining EHBs, reduces some regulatory requirements in the individual and small group markets and provides annual benefit provision updates. Additional guidance expands the individual mandate hardship exemptions available for 2018 for people living in states with federally-facilitated Marketplaces. (more…)

 

IRS Issues New Guidance on Qualified Small Employer HRAs

On Oct. 31, 2017, the Internal Revenue Service (IRS) issued Notice 2017-67 to provide comprehensive guidance on a variety of topics regarding qualified small employer health reimbursement arrangements (QSEHRAs). Small employers that do not maintain group health plans may establish QSEHRAs for their employees, effective for plan years beginning on or after Jan. 1, 2017. Unlike other health accounts, QSEHRAs can be used to reimburse employees for their health insurance premiums. (more…)