House and Senate to Allow Reimbursement for OTC Drug Expenses
Pamela Bernal Pamela Bernal

House and Senate to Allow Reimbursement for OTC Drug Expenses

The bill would overturn the provision in the Affordable Care Act that prohibited FSAs, HRAs, and HSAs from reimbursing expenses for over-the-counter drugs unless the drug is insulin or prescribed by a physician. H.R. 1922 would also allow feminine hygiene products to be treated as a qualified medical expense that could be reimbursed through an FSA, HRA or HSA. This change would be effective after December 31, 2019.

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The Proposed Expansion of Health Reimbursement Arrangements
Pamela Bernal Pamela Bernal

The Proposed Expansion of Health Reimbursement Arrangements

In perhaps the most significant guidance resulting from President Trump’s 2017 Executive Order Promoting Healthcare Choice and Competition Across the United States, on October 22, 2018, the Departments of Treasury, Labor, and Health and Human Services (the Departments) jointly released proposed regulations on health reimbursement arrangements (HRAs) and other account-based plans that would allow two new types of HRAs.

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2019 Healthcare Coverage – The End of Open Enrollment
Pamela Bernal Pamela Bernal

2019 Healthcare Coverage – The End of Open Enrollment

All Californians can sign up during open enrollment, which begins Oct. 15, 2018, and continues through Jan. 15, 2019. Many others may be eligible to sign up at any time during the year due to a life-changing event such as getting married, having a child or moving

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Must Employers Report QSEHRA Benefits on Form W-2?
Pamela Bernal Pamela Bernal

Must Employers Report QSEHRA Benefits on Form W-2?

In short, yes. If an employee was covered under a qualified small employer health reimbursement arrangement (QSEHRA), the employer must report the total amount of the employee’s permitted QSEHRA benefit on Form W-2 in Box 12, using Code “FF”.

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When Can an Employer Reimburse Individual Health Insurance Premiums?
Pamela Bernal Pamela Bernal

When Can an Employer Reimburse Individual Health Insurance Premiums?

Generally, under the Affordable Care Act (ACA), employers are prohibited from paying for or otherwise reimbursing an employee for any individual health plan premiums. This prohibition applies to applicable large employers (ALEs) and non-applicable large employers (non-ALES) alike. However…

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HSAs Can Reduce Your Employees’ Fear of High Deductibles
Pamela Bernal Pamela Bernal

HSAs Can Reduce Your Employees’ Fear of High Deductibles

Health Savings Account (HSA) adoption and expansion rates have hit a record high—spanning well over 22 million active HSA accounts holding about $45.2 billion in assets—up from $37 billion at the end of 2016, according to the “2017 Year-End Devenir HSA Research Report.”

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House Adopts Bills Enhancing HSAs, FSAs, and HRAs
Pamela Bernal Pamela Bernal

House Adopts Bills Enhancing HSAs, FSAs, and HRAs

On Wednesday, July 25, 2018, the House of Representatives adopted two health care bills, H.R. 6199 and H.R. 6311, that expand tax-advantaged health care accounts, including Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), and Health Reimbursement Arrangements (HRAs).

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What is QSEHRA?
Pamela Bernal Pamela Bernal

What is QSEHRA?

QSEHRA (pronounced “Q-Sarah” for fun) is a new, more efficient way for small businesses and non-profits to offer health insurance to their employees. It’s a game-changer that many are just now discovering.

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The Anthem Innovative F Plan
Pamela Bernal Pamela Bernal

The Anthem Innovative F Plan

Anthem has introduced a Medicare Supplement plan called Innovative F that offers vision and hearing coverage. I am not aware of any other Medicare Supplement plan that offers this at no additional cost.

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Health Reimbursement Accounts (HRAs)
Pamela Bernal Pamela Bernal

Health Reimbursement Accounts (HRAs)

The hot item for employers this year is HRA plans. Employers have seen large increases again, and are moving to high deductible plans and setting up HRA’s for their employees.

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2018 Obamacare Changes
Pamela Bernal Pamela Bernal

2018 Obamacare Changes

President Donald Trump on Wednesday said “Obamacare is being repealed.” That’s not technically correct…

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IHC Temporary Health Solutions for 2018
Pamela Bernal Pamela Bernal

IHC Temporary Health Solutions for 2018

This company offers all different kinds of insurance. But I specifically got appointed with them because they are the only company that is offering temporary insurance in the State of California.

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Upcoming Medicare Open Enrollment Period for 2018
Pamela Bernal Pamela Bernal

Upcoming Medicare Open Enrollment Period for 2018

The Open Enrollment for Medicare recipients runs from October 15 – December 7 each year. During this time you have the opportunity to shop and change Medicare Supplements, Medicare Advantage plans and Part D Prescription Drug plans.

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Now Appointed with IHC Health Solutions
Pamela Bernal Pamela Bernal

Now Appointed with IHC Health Solutions

This company offers all different kinds of insurance. But I specifically got appointed with them because they are the only company that is offering temporary insurance in the State of California. Here are a few things that this type of insurance can be used for.

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