Please reload

Recent Posts

On January 4th, 2018 the U.S. Department of Labor (Department) issued a proposed rule for regulating association health plans (AHPs) in response to Pr...

A First Look at The Association Health Plan Proposed Rule

January 5, 2018

1/2
Please reload

Featured Posts

New Guidance for the QSEHRA Written Notice Requirement

November 27, 2017

Recently released IRS Notice 2017-67 clarifies the requirement that eligible employers who provide a QSEHRA to its eligible employees furnish a written notice to each eligible employee at least 90 days before the beginning of each plan year.

 

The new guidance is that an eligible employer that provides a QSEHRA during 2017 or 2018 must furnish the initial written notice to its eligible employees by the later of (a) February 19, 2018, or (b) 90 days before the first day of the plan year of the QSEHRA.

 

For employees that are not eligible to participate at the beginning of the year (e.g. a new employee hired mid-year), the notice must be furnished before the date on which the employee is first eligible to participate in the QSEHRA.

 

Penalties will apply to any employer that does not furnish the initial written notice by that date. The penalty is $50 per employee, up to a maximum of $2,500 per calendar year per eligible employer.

 

The practical ramifications of this new guidance are that any QSEHRA implemented on or before May 1, 2018 should provide the written notice to eligible employees before February 19, 2018. And for QSEHRA's implemented on or after June 1, 2018 (assuming your plan begins on the first day of a month) the written notice should be provided 90 days before the start date of the QSEHRA.

Tags:

Please reload

Follow Us
Please reload

Search By Tags
Please reload

Archive
  • Facebook Social Icon
  • LinkedIn Social Icon
  • Twitter Basic Square
  • Facebook Social Icon
  • LinkedIn Social Icon
  • Twitter Social Icon

CONTACT US:

 

Digital Health Innovations, Inc.

954 Ridgebrook Road

Suite 200

Sparks, Maryland 21152

info@healthjibe.com

 

T: 410.340.9917

 

Click for: Online Support

 

 

  • Facebook Social Icon
  • LinkedIn Social Icon
  • Wix Twitter page

Disclaimer: See a licensed agent for detailed information on your state. Digital Health Innovations, Inc. does not sell health insurance.

 

©2015-2016 Digital Health Innovations, Inc. All rights reserved.

Disclaimer: See a licensed agent for detailed information on employee benefits in your state. Digital Health Innovations, Inc. does not sell health insurance.
 
© 2016-2019 Digital Health Innovations, Inc.