Changes To Cafeteria Plans: What You Need To Know To Prepare 2/15/2010
The IRS recently issued new rules which replaced parts of the old regulations. These new rules are exciting but require you to review and act on your old documents. The information provided will assist you in decisions for the upcoming plan year and how to prepare for the changes.
Agenda
Reimbursing Individual Medical Insurance and Cautions
New Hires Have 30 Days to Enroll ? Does This Apply to Annual Late Enrollees?
Automatic or Evergreen Elections
Changing Your Plan Documents and Sample Wording
Understanding the Claim Substantiation Rules
How the New Debit Card Rules Work
When Are These Rules Effective?
Employees With HSAs Aren't Required to Follow Change of Status Rules
Vacation Buying and Selling
Employers Can Limit Health FSA Participation to Only Those in the Medical Plan
New Nondiscrimination Rules and a Safe Harbor for Premium-Only Plans
Daycare Participants Can Claim Money After Termination