New law opens door to HRAs for small businesses
A new law, The 21st Century Cures Act, signed in December by President Obama has eased some restrictions and provided some flexibility for small employers who want to offer their employees financial assistance through a standalone health reimbursement plan beginning in 2017. A standalone HRA – Health Reimbursement Arrangement – is one that is not […]
Don’t get tripped up by these healthcare pitfalls
As all are aware, the Affordable Care Act, or ACA – commonly known as Obamacare – is a very complex law. As we have continued to learn more about the law and how it impacts our clients, we have identified two “pitfalls” that employers need to be aware of and avoid. Independent Contractors: When calculating the […]