On Sept. 12, the U.S. Department of Labor and the Internal Revenue Service will hold a webcast providing employers with compliance assistance on the joint final rule on health reimbursement arrangements.
According to a DOL news release, under the final rule, which was released by the DOL, the U.S. Department of the Treasury and the Department of Health and Human Services, employers will be able to use what are referred to as individual coverage HRAs to provide their workers with tax-preferred funds to pay for the cost of health insurance coverage that workers purchase on the individual market, subject to certain conditions, starting in January 2020.
The DOL- and IRS-led webcast will include topics such as the benefits of offering these expanded options, who can offer them, how they work, what responsibilities an employer has, when employers can start offering them and where to find more information.
Register for the upcoming webcast, which will take place on Thursday, Sept. 12, at 2 p.m. ET. Additional information on HRAs can be found on the DOL website.