Health Savings Accounts (HSAs) and Health Reimbursement Arrangements (HRAs) have gained favor in the workplace as healthcare costs rise. Both of these consumer-driven healthcare vehicles must follow strict rules that can create complex compliance challenges. Therefore, it’s crucial for employers and plan sponsors to understand the basics of HSAs and HRAs to avoid running afoul of the rules. For example, what kind of health coverage may an individual have and still be eligible to have an HSA? What types of programs and benefits can make employees ineligible for HSA contributions? What federal laws apply to HRAs and HSAs?
This webinar answers these questions and also provides information on:
- HSA contribution limits
- HSA and HRA participation
- Tax-deductible expenses under HSAs
- Impact of ERISA, HIPAA and COBRA
- Types of benefits reimbursed under HRAs