Qualified Small Employer Health Reimbursement Arrangements for 2018

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Last month the Internal Revenue Service released 59 page Notice 2017-67  which provides guidance on Qualified Small Employer Health Reimbursement Arrangements (QSEHRAs).  QSEHRAs were first established as part of the 21st Century Cures Act enacted in late 2016 for effective for 2017 small business health plans.  This new type employer reimbursement plan offered a new option […]

Section 18001 of the 21st Century Cures Act (Small Business HRAs)

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EXCEPTION FROM GROUP HEALTH PLAN REQUIREMENTS FOR QUALIFIED SMALL EMPLOYER HEALTH REIMBURSEMENT ARRANGEMENTS Section 18001. (Annotated) (a) Amendments To The Internal Revenue Code Of 1986 And The Patient Protection And Affordable Care Act.— (1) IN GENERAL.—Section 9831 (excepted benefits) of the Internal Revenue Code of 1986 is amended by adding at the end the following […]

20 Rules for Operating a Health Reimbursement Arrangement (HRA)

Posted 16 CommentsPosted in Small Business

Update December 10, 2017: I published an annotated copy of IRS proposed regulations for Qualified Small Employer Health Reimbursement Arrangements (QSEHRAs)that should be followed with 2018 QSEHRAs. It makes sense to view this as an additional option and not a replacement of the traditional HRAs discussed below. Update January 30, 2017: New Health Reimbursement Arrangements are available […]

What options are available to employers who wish to help employees afford the cost of health care?

Posted 4 CommentsPosted in Employee Benefits, Small Business, Tax Planning, Taxes

Provisions of the Affordable Care Act dramatically changed the tax treatment of employer-paid health benefits. Some of the most popular traditional health plans of the recent past now trigger an extremely harsh tax on the employer. Taxes of up to $36,500 per employee per year kicked in on July 1, 2015 for businesses with less than […]