Account-Based Health Plans
Most employers offer their employees healthcare options that include account-based plans—Health FSAs, HRAs or HSAs. According to the International Foundation of Employee Benefits (IFEBP) 2022 Employee Benefits Survey, nearly 70% of private employers and 56% of public employers offer employees one or more highdeductible health plan options paired with a Health Savings Account. Additionally, 10% of private employers and 15% of public employers offer health plans that include a Health Reimbursement Arrangement. More than 83% of employers also provided employees with the opportunity to set aside pre-tax dollars in a Health FSA for reimbursement of their eligible out-of-pocket expenses.
In this webinar, we will address many of the issues that arise when employers offer account-based plans, including:
- Tax advantages of HRAs, HSAs and Health FSAs
- How these account-based plans interact with the employer’s major medical plan and with one another
- Eligibility and enrollment
- Contribution limits
- Reimbursement rules
- Nondiscrimination rules
- ERISA requirements
- HIPAA portability, nondiscrimination and privacy rules
Attend & Earn 1.0 SHRM and HRCI Credit
Presented by the Brown & Brown Regulatory & Legislative Strategy Group.
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