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HRA News Digest

  • Entrepreneur.com - There's A New Trend In Healthcare That's Saving Money For Small Businesses

    July 24, 2023 11:12 AM | Karen Campbell (Administrator)

    Entrepreneur.com has praise for ICHRAs in the form of an opinion piece from CPA Gene Marks,  owner of The Marks Group PC, a ten-person technology and financial consulting firm located near Philadelphia. Citing the hurdles of group plans and the benefits to both employers and employees,  he points to ICHRAs as the increasingly popular solution for many of his clients.  Read more...

  • CMS Announces Special Enrollment for Those Losing Medicaid or CHIP

    July 20, 2023 10:53 AM | Karen Campbell (Administrator)

    Marketplace-eligible consumers who lose Medicaid or CHIP coverage can come to HealthCare.gov anytime between March 31, 2023, and July 31, 2024. See the announcement here. 

  • 2023 Data Report in the News

    June 30, 2023 1:27 PM | Karen Campbell (Administrator)

    Yahoo News

    Benefits Pro

    Big Ideas for Small Business

    Entrepreneur.com


  • May/June 2023 Newsletter

    June 06, 2023 12:44 PM | Karen Campbell (Administrator)

    Our periodic newsletters contain information you don't want to miss. If you have not received the latest issue seen here, please notify us at info@hracouncil.org. 

  • ICHRA popularity ‘skyrocketing’ as benefits costs rise

    May 04, 2023 10:55 AM | Karen Campbell (Administrator)

    HRAC staff and members presented at the Health & Benefits Leadership Conference.  Click here for the takeaways by Jen Colletta of Human Resource Executive. 

  • April 2023 Newsletter

    April 12, 2023 12:48 PM | Karen Campbell (Administrator)

    Check out the educational opportunity your organization could help build in this April newsletter. 

  • February 2023 Newsletter

    February 23, 2023 12:56 PM | Karen Campbell (Administrator)

    Opportunities to sign up for HRAC committees are included in this month's newsletter. 

  • Inaugural Member Newsletter - 2022 In Review

    December 22, 2022 1:00 PM | Karen Campbell (Administrator)

    What a year! Enjoy our recap here. 

  • ICHRAs see triple-digit growth, driving a ‘seismic shift’ in healthcare market

    November 18, 2022 8:59 AM | Karen Campbell (Administrator)

    See the story in Human Resource Executive.

  • IRS Issues Draft ACA Reporting Instructions for 2021

    August 05, 2021 11:38 PM | Aaron Flores (Administrator)

    The IRS recently released its draft 1094-C and 1095-C instructions for the 2021 tax year. We’ve identified the changes below.

    It appears that Form 1094-C will remain the same, but the instructions do include two new codes for use on Line 14 of the Form 1095-C: 1T and 1U.

    According to the draft instructions, the 1T code is for use when the applicable individual and their spouse receive a Health Reimbursement Arrangement (HRA) offer of coverage from the employer, where the affordability was determined using the employee’s primary residence zip code. It should be noted that this code excludes dependents as recipients of the HRA coverage extended.

    The 1U code is similar to the 1T code but uses different criteria for determining affordability. Specifically, the instructions state that the 1U code should be used when an applicable individual and their spouse receive an HRA offer of coverage from the employer where the affordability was determined using the employee’s primary employment site zip code affordability safe harbor. Again, this code excludes the individual’s dependents as recipients of HRA coverage.

    Click HERE to read full article by Joanna Kim-Brunetti, July 19, 2021.

    Read More

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