Posts tagged health reimbursement accounts.
On June 13, the Departments of Labor, Treasury and Health and Human Services jointly released final regulations dealing with health reimbursement accounts (“HRAs”). These regulations fulfill the Trump administration’s directive to “increase the usability of HRAs, to expand employers’ ability to offer HRAs to their employees, and to allow HRAs to be used in conjunction with nongroup coverage.”
Background.
HRAs are employer-funded account-based plans from which employees may be reimbursed for qualifying medical expenses. HRAs, like other account-based plans ...
Posted in: Nonprofit Organizations and Benefit Plans