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

HSAs and Same-Sex Couples

Last week the IRS released new rules for same-sex couples reacting to the unconstitutionality of the Defense of Marriage Act. This newsletter reviews those rules from an HSA perspective.

Did the Supreme Court’s 2013 ruling that the Defense of Marriage Act is unconstitutional impact HSAs?

Yes, the ruling changes HSAs for legally married same-sex couples. The Defense of Marriage Act (DOMA) defined marriage as between one man and one women and accordingly did not grant same-sex couples the same rights as opposite sex couples under federal law. Prior to the Supreme Court’s ruling, same-sex couples could not get the benefits afforded “spouses” under HSA law.

Click here to download New HSA Rules for Same-Sex Marriages from our friends at:

HSA Resources Bank

 

Metal Levels for Qualified Health Plans

GoldBeginning in 2014, the Affordable Care Act (ACA) requires health plans offered through an Exchange, or qualified health plans (QHPs), to meet certain levels of actuarial value. ACA’s required actuarial value levels are referred to as “metal levels”—bronze, silver, gold and platinum.   ACA’s metal levels are intended to allow consumers to compare plans with similar levels of coverage in order to help them make informed decisions about their health insurance coverage.

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