Health Reimbursement Arrangements – New Opportunities for Expanded Benefits for Employees
Wednesday, September 11, 2019 at 1:30 pm ET
Duration: 90 minutes
Speaker: Sarah Ivy
Register for Live Webinar: $219
Register for Live Webinar Plus Recording Download: $329
Register for Live Webinar Plus CD (includes shipping and handling): $369
Special Feature: If you register for this webinar and cannot attend, you will be able to access a one-time instant replay without charge for up to 90 days after the date of the webinar.
Bonus for Each Registrant:The webinar speaker will answer one written question that you may submit by email within one week after the webinar.
Webinar Description
In June 219, the Internal Revenue Service, the US Department of Labor and the US Department of Health and Human Services issued a new regulation intended to increase the use of health reimbursement arrangements (HRAs) as a means of expanding access to health insurance in the individual insurance market. The new regulation, which will take effect on January 1, 2020, is intended to give employers the opportunity to offer greater health insurance options to their employees.
Under the Affordable Care Act (ACA), employers generally are not permitted to cover individual health premiums through an HRA. However, the new regulation permits the integration of a health reimbursement arrangement with individual health insurance under certain conditions.
- Qualified Small Employer HRAs (QSEHRAs) allowed only those employers with 50 or fewer full-time employees and that did not offer a group health plan to offer an HRA to cover individual health insurance premiums. The use of QSEHRAs will be expanded under the new HRA regulation.
- Individual Coverage Health Reimbursement Arrangements (ICHRA). The major change under the new regulation is the creation of the Individual Coverage Health Reimbursement Arrangements (ICHRA), which permits employers to reimburse employees for health coverage on a pre-tax basis without causing an inadvertent ACA violation.
Agenda
- What is an HRA?
- HRAs under current law
- How HRAs can expand your traditional health plan options
- Explanation of the new HRA regulation
- What is a QSEHRA and how can it fit into your employee benefit offering?
- What is an ICHRA?
- Optimal use of the new HRA options
- Practical implementation tips
Logistics
- 90 minutes (Travel Free) delivered over the Internet.
- Unlimited listeners per connection - bring the entire department.
- Q&A session with the expert.
This event will be presented live with a PowerPoint presentation to be viewed on your computer. You may listen to the audio of the webinar by telephone or through your computer. The PowerPoint slides will be provided shortly before the event. Once you register, you will receive an email which is your receipt and which includes your instructions for dialing in and logging on. You will also receive an email reminder 24 hours before the webinar.
What is a webinar?
A webinar is a live Internet based seminar. Webinars are a way for participants in many different locations to see and hear a presentation and view PowerPoint slides. You can also have your colleagues attend the webinar using one connection.
What kind of equipment do I need?
You will need a computer with an Internet connection (high speed service such as DSL or cable works best) and a telephone. You may listen to the webinar through your computer speakers, in which case you will not need to use a telephone connection. Internet access is not required for phone-only participants, but you will not be able to see the speaker’s slides.
How can I share the webinar with my colleagues who may not be able to attend the event?
CDs of each program will be available for sale and can be shared with your business associates.
Can I get a copy of the PowerPoint slides used in the webinar?
The PowerPoint slides will be available on the materials page link in the confirmation email that will be sent to you no later than the morning of the day a webinar is presented.
How do I ask a question during the webinar? Will my question be answered during the presentation?
A question and answer session will be scheduled at the end of each webinar. You can then ask a question by typing it into the question box that will be provided to you duringthe webinar. You may also ask a question through the telephone connection. As many questions as possible will be answered during the Question and Answer period.