Understanding An HRA
A health reimbursement arrangement (HRA) is an employer-funded account that is designed to reimburse employees for qualified medical expenses that are paid for out-of-pocket. There are no annual contribution limits. However, the employer usually sets...
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2023 Open Enrollment Checklist
To prepare for open enrollment, group health plan sponsors should be aware of the legal changes affecting the design and administration of their plans for plan years beginning on or after Jan. 1, 2023. Employers...
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COBRA Mistakes: Dos and Don’ts for Prevention
Do you know what the common COBRA mistakes are? With so many requirements under COBRA, it’s easy to make a mistake that could result in costly penalties. Understanding your responsibilities when it comes to compliance...
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COBRA Subsidy Expiration Notice Due by Sept. 15
COBRA Subsidy Expiration Notice Due by Sept. 15 (Sooner for Some) The American Rescue Plan Act (ARPA) provides COBRA premium assistance to eligible individuals and imposes notice requirements on health plans. One such requirement is...
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