Benefit Card

We're often asked if vitamins of any kind (multivitamin, specific vitamins [such as B12, D, or K for example]) or others are eligible for reimbursement under a health care flexible spending account (FSA) or health reimbursement arrangement (HRA).

Posted on June 19, 2024 By Kushner & Company
Categories: 
Administration, 
Benefit Card, 
Benefits, 
Blog, 
ERISA-ACA Compliance, 
Flexible Spending Accounts (FSA), 
FSA / HSA / HRA, 
Health and Welfare Team, 
Health Reimbursement Arrangements (HRA), 
Talent Management, 
Team Rewards

As a time-tested HSA company, Kushner & Company knows that managing a Health Savings Account (HSA) for your employees requires an experienced TPA utilizing modern technology tools for both you and your participants. Here are eleven important questions to ask of your current or prospective TPA.

Posted on November 21, 2023 By Kushner & Company
Categories: 
Administration, 
Benefit Card, 
Benefits, 
Blog, 
FSA / HSA / HRA, 
Health and Welfare Team, 
Health Savings Accounts (HSA), 
Total Rewards

When it comes to FSA, HRA, and HSA administration, plans are technical and require significant oversight. But by working with a highly skilled third-party administrator (TPA), employers can be supported in these tasks, assured their plans run smoothly, and in compliance with all requirements.

Posted on October 20, 2023 By Kushner & Company
Categories: 
Benefit Card, 
Benefits, 
Blog, 
Commuter Benefits, 
ERISA-ACA Compliance, 
Flexible Spending Accounts (FSA), 
FSA / HSA / HRA, 
Health and Welfare Team, 
Health Reimbursement Arrangements (HRA), 
Health Savings Accounts (HSA), 
Plan Document Services (BDA), 
Qualified Small Employer HRA (QSEHRA)

In a recent news release, the IRS reminds employers and employees that the cost of COVID-19 home testing is an eligible expense under a health care flexible spending account (FSA), health reimbursement arrangement (HRA), and health savings account (HSA).

Posted on September 13, 2021 By Kushner & Company
Categories: 
Administration, 
Benefit Card, 
Blog, 
COVID-19, 
Flexible Spending Accounts (FSA), 
FSA / HSA / HRA, 
Health Reimbursement Arrangements (HRA), 
Health Savings Accounts (HSA)

In IRS Information Letter 2021-13, the agency reiterates that Flexible Spending Account claims paid on an FSA debit card must have the required substantiation containing all of the information normally required for a claim submitted for reimbursement through other means such as mail, e-mail, or fax.

Posted on July 27, 2021 By Gary B. Kushner, SPHR, CBP, President
Categories: 
Benefit Card, 
Benefits, 
Blog, 
Flexible Spending Accounts (FSA), 
FSA / HSA / HRA, 
Health Reimbursement Arrangements (HRA)

The Coronavirus Aid, Relief, and Economic Security Act (CARES) Act has now been signed into law on March 27, 2020. It is a mammoth bill of over 880 pages, and contains many employee benefit related items. This post deals with two health and welfare items: over-the-counter drugs and telemedicine.

Posted on March 28, 2020 By Gary B. Kushner, SPHR, CBP, President
Categories: 
Benefit Card, 
Benefits, 
Blog, 
COVID-19, 
Flexible Spending Accounts (FSA), 
FSA / HSA / HRA, 
Health Reimbursement Arrangements (HRA), 
Health Savings Accounts (HSA), 
Team Rewards, 
Total Rewards

Employers who sponsor group health plans that cover any prescription drugs generally must disclose whether the plan provides creditable or non-creditable prescription drug coverage to the Centers for Medicare and Medicaid Services (CMS) within 60 days of the start of a new plan year.

Posted on February 18, 2019 By Gary B. Kushner, SPHR, CBP, President
Categories: 
Benefit Card, 
Benefits, 
Blog, 
COBRA, 
ERISA-ACA Compliance, 
Excepted Benefit HRA (EBHRA), 
FSA / HSA / HRA, 
Health and Welfare Team, 
Health Reimbursement Arrangements (HRA), 
HR Compliance, 
HR Outsourcing, 
HR Policies and Procedures, 
Plan Document Services (BDA), 
Qualified Small Employer HRA (QSEHRA), 
Team Rewards