United Benefit Advisors Insight and Analysis Blog

Minimum Value: HRA Contributions and Flex Credits

Posted by: Danielle Capilla    Feb 9, 2016 12:00:00 PM

The Internal Revenue Service (IRS) recently issued a final rule that clarifies various topics relating to the Patient Protection and Affordable Care Act (ACA) and premium tax credit eligibility provisions. Mirroring guidance from IRS Notice 2015-87, the final rule clarifies that health reimbursement arrangement (HRA) contributions by an employer that may be used to pay premiums for an eligible employer sponsored plan are counted toward the employee's required contribution, subsequently reducing the amount required for their contribution.

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Topics: ACA, PPACA Affordable Care Act, IRS, health reimbursement arrangements, HRA, Premium Tax Credits, Danielle Capilla

Supreme Court Agrees to Rule on Availability of Premium Tax Credits

Posted by: Linda Rowings    Dec 9, 2014 1:00:00 PM

Premium tax credits are only available to individuals who obtain health coverage through a Marketplace. A dispute has arisen as to whether the IRS has the ability to interpret PPACA to allow the subsidy to individuals who obtain coverage through any Marketplace, or whether the language of PPACA limits eligibility to those who have obtained coverage through a state Marketplace. The U.S. Supreme Court has agreed to rule on whether premium tax credits may only be available to individuals who receive tax subsidies as a result of being enrolled in a state exchange. In the meantime, the IRS has stated that it will continue to issue tax credits to individuals in both state and federally-run Marketplaces.

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Topics: Linda Rowings, PPACA, IRS, Supreme Court, Premium Tax Credits