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Employer Reporting on Prescription Drug Pricing Due By 12/27

Griffin Benefits

Additionally, account-based plans, like health reimbursement arrangements (HRAs) and health care flexible spending accounts (FSAs), are not required to report. Finally, short-term limited duration insurance (which is typically an individual market product) is also exempt.

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Don’t enroll in COBRA until you understand these 5 questions

Benefit Resource Inc.

In this case, COBRA can be the path of least resistance and presents an easy gap coverage option. In this scenario, you may want to spend the extra time to research alternative coverage options through an exchange or directly through an insurance carrier. COBRA coverage is available for more than just medical insurance.

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AMERICAN RESCUE PLAN ACT CONTAINS MANY EMPLOYEE BENEFITS RELATED PROVISIONS

Benefits Notes

This includes self-funded and fully-insured plans, multi-employer plans, and governmental employer plans. Health care flexible spending accounts are not subject to the ARPA provisions. All group health plans that provide major medical benefits subject to federal COBRA rules are subject to the ARPA COBRA rules. Tax Credit.