IRS Issues Guidance On Expenses For COVID-19 And Preventive Care Under High Deductible Health Plans
Background In order to make contributions to a health savings account, an individual must be covered under a high deductible health plan (HDHP) and not […]
THE CONSOLIDATED APPROPRIATIONS ACT OF 2023 EXTENDS THE ABILITY OF HDHPS TO COVER TELEHEALTH SERVICES
The Consolidated Appropriations Act of 2023, despite its massive size, included very little that has a direct impact on health plans. However, one important feature […]
Two Cost-Sharing Changes Provide Flexibility for Grandfathered Plans
On December 15, 2021, the Departments of Labor, Health & Human Services, and Treasury (“Departments”) issued a final rule (“Rule”) expanding cost-sharing requirements for grandfathered […]
IRS Provides Relief to Cafeteria Plans in Response to COVID-19
The IRS recently issued new guidance for cafeteria plans and high deductible health plans (HDHPs) pursuant to Notice 2020-29, which is specifically related to circumstances […]
The CARES Act and its Impact on Health Plans
On March 27, 2020, the third major piece of legislation relating to the ongoing COVID-19 pandemic was signed in law. The Coronavirus Aid, Relief, and […]
2020 Drug Coupon Rule Under Further Rulemaking
The U.S. Department of Health and Human Services (“HHS”) released final regulations relating to benefit and payment parameters for 2020. The regulations state that beginning […]
IRS Expands Preventive Care Benefits for Chronic Conditions
Employees can now purchase chronic illness medications with health savings account (“HSA”) dollars instead of paying off their high deductible for insurance to cover the […]