Legal Aspects of Account-Based Plans - HSAs, HRAs and FSAs under the ACA
Duration: 75 Minutes
Employers should attend this webinar to learn about important changes to the rules affecting account-based plans under the ACA as these accounts provide additional health coverage options for employees, potential savings for health care coverage, and affect taxes and penalties for both employees and employers.
Objectives of the Presentation
Attendees will gain an understanding of the rules surrounding high deductible health plans (HSHPs), learn how HSAs, FSAs, and HRAs can coordinate with HDHPs and review the changes to HSAs, FSAs and HRAs under new ACA rules.
Why Should you Attend
Under the Affordable Care Act (ACA) and the mass of regulations and guidance promulgated, it can be difficult to manage the rules that apply to account-based plans, such as health savings accounts (HSAs), health reimbursement accounts (HRAs), and health care flexible spending accounts (FSAs). These account-based plans give employers, and employees, options to save money on health care. Additionally, these accounts affect employers’ and employees’ taxes and penalties. It is important to understand the implications of the account-based plan rules to avoid potential fees. This webinar will provide an overview of these account-based plans and the key rules that apply to each.
Who will Benefit
- Background on consumer directed healthcare
- HSA eligibility rules
- HSA contribution rules
- Using HSA funds
- Employer contributions to HSAs:
- Comparable Contributions
- Contributions through a Cafeteria Plan
- HSA Distributions
- Examples of HSA Coordination with FSAs & HRAs
- HRAs under the ACA
- FSAs under the ACA
- Employers of all sizes
- Welfare plan brokers / advisors
- Human Resources decision-makers