All reported the key to getting members to complete an
HRA is finding the right incentives and that the
HRA is only the beginning of a broader member conversation.
The process of implementing online
HRAs requires that employers provide electronic eligibility files to the
HRA administrators.
Employers that offer regular workplace coverage can also set up another type of
HRA account -- limited to $1,800 a year -- that will allow workers to get additional benefits such as dental and vision care.
To be eligible to provide a qualified small employer
HRA, an employer must not be an "applicable large employer" (ALE), defined by Sec.
The guidance further addresses the timing, format, and contents of a required written notification of the
HRA to employees, how employees may prove they have minimum essential coverage (with a model attestation document as an appendix), and substantiation requirements for reimbursed medical expenses.
Due to the positive federal income tax and payroll tax treatment of employer contributions to retirees'
HRAs, as described in PLR 201528004, these arrangements can be a valuable benefit.
Kura Oncology, a United States-based biopharmaceutical company, has commenced dosing in the Phase II clinical trial of tipifarnib in patients with locally advanced tumours that carry
HRAS mutations, it was reported on Tuesday.