by OCA | May 28, 2020 | COBRA, COVID-19, Uncategorized
IRS and DOL Provide Relief Due to COVID-19 Access Webinar Recording COBRA Extension Communication Notices Include COBRA Extension Deadlines On April 29, 2020, the Federal government extended certain COBRA deadlines for COBRA Qualified Beneficiaries should they need...
by OCA | May 20, 2020 | COVID-19, Healthcare Reform, Home, HRA, News
PCORI Fee The Affordable Care Act imposes an annual fee called the Comparative Effectiveness Research Fee. PCORI In a Nutshell The Affordable Care Act imposed a fee on applicable self-insured health plans (i.e. HRA plans) to help fund the Patient-Centered Outcomes...
by OCA | May 19, 2020 | COVID-19, Home
OCA's "Smart Account" Mobile App New Release Date! OCA is pleased to announce the new release date for our enhanced “Smart Account” mobile app! On May 22nd, we will submit the updated Smart Account app to Google Play and the Apple App Store. The app should...
by OCA | May 13, 2020 | Alerts, Brokers, COVID-19, Healthcare Reform, Home, News, OCA News
To assist with the nation’s response to the Coronavirus outbreak, the IRS has issued a number of extensions and relief offerings to employee benefit programs such as Health FSAs, Dependent Care Accounts, etc. On May 13th the IRS issued Notice 2020-29 which...
by OCA | May 12, 2020 | COBRA, COVID-19
IRS and DOL Provide Relief Due to COVID-19 Access Webinar Recording Relief for Participants and Plan Sponsors from Certain Time Deadlines Summary of the Guidance Recognizing the impact of the COVID-19 Pandemic, the Internal Revenue Service and the Department...
by OCA | May 5, 2020 | Alerts, COVID-19, Employers, Healthcare Reform, Uncategorized
The Impact of Claim Submission Extensions on HRAs and FSAs Last week the Internal Revenue Service and the Department of Labor released guidance that extends the period of time that a participant has in enrolling in coverage under a health plan, paying for...
