Washington policy update: August 2019 Benefits and Compensation Bulletin

IRS offers new options for stand-alone HRAs, including one that can be used to purchase individual health insurance

Posted by Robert Davis, Christine Drager, and Maria Moliterno on August 26, 2019.

Following enactment of the Affordable Care Act (ACA) of 2010, the IRS issued a series of rulings generally preventing employers from offering stand-alone HRAs (Health Reimbursement Arrangements) that active employees could use to purchase health insurance in the individual market, or pay other out-of-pocket medical expenses. But new regulations that will become applicable in 2020 will offer employers two new alternatives—the Individual Coverage HRA (ICHRA) and the Excepted Benefits HRA—that employers can use to provide stand-alone HRAs to active employees if certain conditions are met.
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Considering a private health care exchange?

Private Health Care Exchange

Posted by Jill Korsh, Grant Ruttinger and Patrick Travis on February 11, 2014

According to Deloitte’s 2013 Survey of U.S. Employers: Health care costs, benefits, and reform: What’s the next move for employers?, most employers are taking a “wait and see” approach to public health care exchanges under the Affordable Care Act. However, when asked about their likelihood of offering a private exchange to their employees, the majority of employers in all size ranges (from 50 employees to 2500+ employees) said they were at least somewhat likely to adopt a private exchange (see Figure 1). If your company is considering a private exchange, here are some things to think about.

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