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Treasury Department Issues New Guidance for Health Plans

By / Healthy Growth Blog /

By Susan Burnoski, CPA | Principal, Audit & Assurance If your company offers a high-deductible health plan (HDHP), an HDHP with a health savings account (HAS), or is considering an HDHP, the Treasury Department just announced additional allowable preventive care benefits, effective January 1, 2020. This notice increases the services that can be covered as …

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Two New HRAs Available Jan. 1 for Employers

By / Healthy Growth Blog /

By Susan Burnoski, CPA | Principal, Audit & Assurance As of January 1, 2020, there are two new health reimbursement arrangement (HRA) alternatives for employers to consider. However, due to notice requirements, you need to begin the process now. Individual Coverage HRA (ICHRA) If the individual purchases ACA-compliant health coverage, an employer of any size …

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