Agents

On March 24, 2017, Speaker Paul Ryan announced that the vote on the American Health Care Act (AHCA), intended to repeal the Affordable Care Act (ACA), would not be held. The ACA remains in full effect, and future repeal efforts are uncertain. As Speaker Ryan said, “We’re going to be living with Obamacare for the foreseeable future.”

Most participants in a medical flexible spending account (FSA) are familiar with common eligible expenses: deductibles, doctor and prescription co-payments, dental and vision care, and chiropractic services. However, there are less common products and services that are also legitimate FSA expenses

Under Section 6055 of the Affordable Care Act (ACA), employers with self-funded health plans must report information about minimum essential coverage to assist in enforcing the individual mandate penalty.

The Department of Labor has issued final regulations for disability benefit claims governed by ERISA.

ASR is pleased to announce the new ASR Health Benefits Card for FSA and HRA programs, effective November 14, 2016.