RSS icon

Top Stories

Health Care Reform

Obama to Veto FSA, HSA Legislation

June 6, 2012
Comments (0)
Under the measure headed for a vote this week on the House floor, employers could amend their FSAs to allow employees to withdraw as taxable cash up to $500 in unused balances remaining at the end of the plan year or at the end of an FSA grace period, if an employer has that feature.
Read More

House Panel OKs Bill to Ease FSA ‘Use-It-or-Lose-It' Rule

June 1, 2012
Comments (0)
The bill approved by the House panel would eliminate over-the-counter restrictions in the health care reform law.
Read More

IRS Relaxes Health Reform Law $2,500 Limit for Noncalendar-Year FSAs

May 31, 2012
Comments (0)
Employer benefits lobbying groups complained that the limit would effectively force noncalendar-year plans to comply with the rule before the statutory effective date.
Read More

Congressional Panel to Vote on Bill to Overturn Health Care Reform Law Provision

May 30, 2012
Comments (0)
The bill, H.R. 5842, to be considered by the House Ways and Means Committee, would eliminate the OTC restrictions in the Patient Protection and Affordable Care Act of 2010.
Read More

Health Care Reform Law Ruling Likely Complicated: WorldatWork Executive

May 21, 2012
Comments (0)
If the high court were to strike down the individual mandate that requires most U.S. residents to enroll in a qualified health care plan, Cara Woodson Welch, Washington-based vice president of policy and public affairs, says it's likely that Congress would draft legislation to uphold pieces of the mandate.
Read More

Regulators Provide Guidance on Summary of Benefits Rules

May 14, 2012
Comments (0)
Officials said they did not 'intend' to impose penalties during the first year the requirement is in effect so long as employers are working in 'good faith' to comply.
Read More

Study: Couple Retiring in 2012 Needs $240K to Cover Medical Expenses

May 9, 2012
Comments (0)
Of the $240,000 needed to cover a retired couple's health care expenses, Fidelity estimates 32 percent will go toward paying Medicare Part B and Part D premiums; 45 percent will be consumed by expenses not covered by Medicare; and 23 percent will be spent on out-of-pocket prescription drug expenses.
Read More

Health Insurers to Return $1.3B to Policyholders Under Health Reform Rules: Kaiser

May 2, 2012
Comments (0)
The refunds are the result of provisions of the Patient Protection and Affordable Care Act that took effect in 2011 which limit medical loss ratios, the amount of premium dollars health insurers can reserve for profit and administrative costs.
Read More

Employers on Non-Calendar Fiscal Years Seek FSA Mandate Relief

May 1, 2012
Comments (0)
Under a provision in the Patient Protection and Affordable Care Act, which goes into effect on Jan. 1, 2013, the maximum annual contribution employees can make to their FSAs is $2,500.
Read More