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
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
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
As a P&A plan participant, there may be times when you need to upload a claim or you are asked to submit additional documentation for an existing claim. Here are some helpful guidelines on how to upload a claim accurately - and get your reimbursement even faster! Below are the steps to log into your… Continue reading How to Upload a Claim & Submit Documentation
Flexible Spending Accounts Health FSA For 2018, the dollar limitation on employee salary reduction contributions to a Health Flexible Spending Account will increase by $50 to $2,650 per plan year. Adoption Assistance FSA The maximum amount that may be excluded from an employee's gross income under an employer-provided adoption assistance program for the adoption of… Continue reading New Inflation-Adjusted Amounts Released for 2018
The next Patient Centered Outcomes Research Institute (PCORI) filing deadline is July 31, 2017 for all Health Reimbursement Arrangements (HRAs), Medical Expense Reimbursement Plans (MERPs) and self-funded medical plans with a plan year ending in 2016. View the schedule of fees and learn more about this excise tax. Created under the Affordable Care Act, part of… Continue reading PCORI Filing Fee Due July 31
A Health Reimbursement Arrangement (HRA) is an employer funded benefit that is used to reimburse employees for medical expenses as defined in IRS Code 213(d).
You’ve received the glossy brochures. You’ve heard the sales pitch, you’ve shook hands, and you’ve received promises of lower costs, increased efficiency and less “headaches.” Naturally, you decide to give a new vendor a chance – why not – and you sign up for a new service. It’s too good an opportunity to miss. Or,… Continue reading Flexible & Friendly, Expert & Empathetic – P&A Group’s Fresh Perspective on Employee Benefits
Do you have a lingering question about how to manage your P&A plan? We researched the most commonly asked participant questions and put together a Q&A guide. Below are the top five most frequently asked questions participants ask us. How do I log into my P&A Account? From a computer or tablet: Go to www.padmin.com… Continue reading Your Most Frequently Asked Questions, Answered
In 2010, the Affordable Care Act created a new entity known as PCORI, the Patient Centered Outcomes Research Institute. Part of the Institute's funding is through temporary fees imposed on group health plans, including Health Reimbursement Arrangements (HRAs) and Medical Expense Reimbursement Plans (MERPs). These fees, which must be paid by the plan sponsor,… Continue reading PCORI Fees Due by July 31
