ACA FAQ 37 Clarifies HRA Rules

The Departments of Labor, the Treasury, and Health and Human Services (collectively, the Departments) released Affordable Care Act (ACA) FAQ 37 last week, providing further clarification as to how a “family HRA” (health reimbursement arrangement) can reimburse expenses of family members and remain integrated with group health plan coverage. Specifically: The guidance clarifies that expenses…

Compliance News: Extension of Deadline for 2016 Forms 1095-C & Adjusted PCOR Fee Released

The Internal Revenue Service (IRS) issued Notice 2016-70, which provides a limited extension of time for employers to provide 2016 Forms 1095-C to individuals. It also extends good-faith transition relief from certain penalties for the 2016 reporting year. 2016 Forms 1095-C statements must be furnished to individuals by March 2, 2017 (rather than January 31, 2017). This…