Coronavirus protection/PPE is FSA eligible. Medical protective surgical masks, hand sanitizer gel on white table. Reimbursement accounts just had their eligibility list expanded to include personal protective equipment (PPE) to help fight against the spread of COVID-19. Under Announcement 2021-7, issued by the IRS, PPE is now FSA eligible through December 31, 2022. Additionally, PPE… Continue reading PPE is FSA Eligible; HSAs and Some HRAs Also Affected
Category: Health Reimbursement Arrangements
2020 CARES Act: Employee Benefits Update
President Trump signed into law the Coronavirus Aid, Relief and Economic Security Act or CARES Act on Friday, March 27. This bill is intended to help Americans by providing some financial relief as we continue to face the coronavirus pandemic. We are especially happy to see these legislative changes provide greater flexibility for account holders. Employees enrolled… Continue reading 2020 CARES Act: Employee Benefits Update
Coronavirus Testing & Treatment Identified as Preventative Care for HDHPs
Coronavirus testing is considered a preventive service for individuals under high deductible health plans (HDHP)s. On March 11, 2020, the IRS released guidance concerning the widespread COVID-19 coronavirus as it relates to the testing and treatment of individuals enrolled in a high deductible health plan (HDHP). The decision came swiftly due to the public health… Continue reading Coronavirus Testing & Treatment Identified as Preventative Care for HDHPs
Benefits Card: Five Things to Know Before You Swipe
Card terminal at a local physician's office where patients can use their Benefits Card for expenses. When your employer partners with P&A Group, your benefit plan will more than likely come with a P&A Group Benefits Card. Your benefit plan may also cover your dependents' expenses – and they can have their own Benefits Card,… Continue reading Benefits Card: Five Things to Know Before You Swipe
IRS 2020 Contributions Limits: What’s Changing
The IRS 2020 contribution limits were released on November 6, 2019. Here's what's changing for certain employee benefit plans beginning January 1, 2020. 2020 Contribution Limits for FSAs Health FSA For 2020, the Health Flexible Spending Account annual maximum contribution will increase by $50 to $2,750 per plan year. Adoption Assistance FSA The maximum amount… Continue reading IRS 2020 Contributions Limits: What’s Changing
P&A’s Mobile App Adds EZ Scan Eligibility Checker
Use EZ Scan to scan the barcode of any product to see if it's eligible or ineligible under IRS guidelines. Determining product eligibility just got a little easier thanks to the latest enhancement with P&A's mobile app. Using EZ Scan, participants can scan the barcode of any product to see if it's an eligible or… Continue reading P&A’s Mobile App Adds EZ Scan Eligibility Checker
Health Reimbursement Arrangements: Why Employers Are Giving Them a Second Look in 2020
The IRS announced two new Health Reimbursement Arrangement options will be available in 2020. You may have heard the exciting news last month about Health Reimbursement Arrangements (HRAs) – or did you? Recently, the IRS announced that employers will be able to offer two new variations of HRAs – the Individual Coverage HRA and the… Continue reading Health Reimbursement Arrangements: Why Employers Are Giving Them a Second Look in 2020
P&A Group Mobile App: Built Just for You
Manage your plan(s) easily with the P&A Group mobile app - now available on the App Store and Google Play! You're a busy person and your time is valuable. That's why we built an app specifically with you in mind - one that's helpful and easy to use. The P&A Group mobile app offers easy… Continue reading P&A Group Mobile App: Built Just for You
Celebrate National Employee Benefits Day with New Ideas for Open Enrollment
To all benefit professionals, thank you for your dedication to this crucial job! April 2, 2018, marks National Employee Benefits Day, which recognizes all benefit professionals for their commitment to the employee benefits field and the important role they provide in the workplace. Today is an excellent reminder to review your benefits offering and start… Continue reading Celebrate National Employee Benefits Day with New Ideas for Open Enrollment
How to Upload a Claim & Submit Documentation
As a P&A plan participant, there may be times when you need to upload a claim or submit documentation for an existing claim. Here are helpful guidelines on how to upload a claim accurately - and get your reimbursement faster! First, let's review how to log into your account. Step 1 - Log into Your… Continue reading How to Upload a Claim & Submit Documentation