Labor Department Rejects Cash-for-Coverage Strategies

Employers should think twice before cutting workers or retirees a check and shipping them off to use the exchanges.

The Employee Benefits Security Administration, an arm of the U.S. Department of Labor, has told employers and their brokers just that in a new technical release.

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Feds Protect HSA Plans Against PPACA Fears

The Internal Revenue Service is trying to keep worries about preventive services benefits rules under PPACA from rattling the health savings account program.

The IRS protected HSA-compatible plans with a notice, IRS Notice 2013-57, that irons out conflicts between the HSA program preventive services rules and the Patient Protection and Affordable Care Act preventive services package rules.

See the full story at BenefitsPro.com