IRS Rules on Effect of Wellness Incentives on “Play or Pay”

A newly proposed IRS regulation provides additional guidance on how employers subject to the health reform law’s “play or pay” mandate can determine whether their health coverage offer to employees is considered adequate. The new rules discuss how to make these determinations for plans that offer wellness incentives, as well as for plans integrated with health reimbursement arrangements (HRAs) or coupled with health savings account (HSA) programs.

Read more from Lockton: IRS Proposes Rules on Effect of Wellness Incentives on “Play or Pay” Obligations – Alert%20draft

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About thebenefitblog

Eric is a Producer at Lockton Insurance Brokers, Inc., the world’s largest privately held commercial broker. Eric has over 23 years of experience in the insurance industry and has spent the last 11 years with Lockton. Eric specializes in Health & Welfare Benefits, Retirement Planning, and Executive Benefits. Eric's clients utilize his expertise in the areas of Plan Due Diligence, Transaction Structure, Fiduciary Oversight, Investment Design, Compliance and Vendor negotiation to improve the operational & financial outcome for each client. The Benefit Blog is a place to share that expertise and industry news.
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