The Center for Consumer Information and Insurance Oversight (CCIIO) has issued a bulletin that could affect the ability of personal health account programs to continue to operate after Jan. 1, 2014.
Officials at CCIIO, an arm of the U.S. Department of Health and Human Services (HHS), say in the Actuarial Value and Cost-Sharing Reductions Bulletin that they plan to include employer health savings account (HSA) annual contributions and health reimbursement arrangement (HRA) contributions in actuarial value calculations, if the accounts are linked to high-deductible health plans (HDHPs).
CCIIO is thinking of leaving an individual's contributions to an HDHP-linked HSA out the actuarial value calculations for that plan.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
