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Archive | May, 2014

IRS to Fine Employers for Using HRAs to Reimburse for Marketplace Spend

Earlier this month the IRS provided further clarification on the issue of employers being able to use tax advantaged accounts, like Health Reimbursement Accounts (HRAs), to reimburse employee’s individual health insurance premiums.  Not only has the IRS clarified that these accounts cannot be used to reimburse individual health insurance premiums they have now outlined severe […]

New Guidance on COBRA and ACA Marketplace Coverage

Peter J. Marathas, Jr. Legal & Compliance Director, Benefit Advisors Network Produced in conjunction with Proskauer Rose law firm. New Guidance on COBRA and ACA Marketplace Coverage: The Gap in Coverage is (Not Quite) Filled May 9, 2014 There has been much confusion and concern about the interplay between the COBRA continuation coverage rules and […]