September 2010 - Employee Benefits I AP Benefit Advisors

Health Care Reform – News Releases from the US Department of Labor

DOL – FAQs regarding the Affordable Care Act – Implementation Click here to read the FAQs. Interim Procedures for Internal Claims and Appeals (Technical Release 2010-02) – When this technical release is read in concert with our September Compliance Chronicle, you’ll see that this release extends the “enforcement grace period” until July 1, 2011 with […]

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IRS Issues Guidance Explaining 2011 Changes to Flexible Spending Arrangements

Today, the IRS issued guidance related to using FSAs (and HRAs) to pay for OTC (Over-The-Counter) medicines and drugs. The Affordable Care Act established new standards that, beginning January 1, 2011, apply to HCFSAs and HRAs, namely that the cost of an OTC-medicine/drug cannot be reimbursed from an FSA or HRA unless a prescription is […]

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