New Health Reimbursement Arrangements Will Be Key for Some Employers

The U.S. Departments of Treasury, Labor, and Health and Human Services issued final rules regarding health reimbursement arrangements (HRAs) and other account-based group health plans on June 13, 2019, which provide new opportunities for employers to offer HRAs to employees while complying with the Patient Protection and Affordable Care Act (ACA). The final rules are generally applicable for plan years beginning on and after Jan. 1, 2020.