Zane Benefits Publishes New Information on HRAs, HSAs and FSAs in 2014

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Health Reform Changes Rules and Regulations for Medical Reimbursement Programs

Today, Zane Benefits, the #1 Online Health Benefits Solution, published a new information on HRAs, HSAs and FSAs in 2014.

According to Zane Benefits’ website, the Affordable Care Act (known as ACA, ObamaCare, or health reform) was signed into law in 2010 and impacts many areas of health care and health insurance, including medical reimbursement programs such as Health Reimbursement Arrangements (HRAs), Health Savings Accounts (HSAs), and Flexible Spending Accounts (FSAs).

According to Zane Benefits’ website, the changes started in 2011. Beginning January 1, 2011, over-the-counter (OTC) medications are no longer eligible for reimbursement from an FSA, HSA, or HRA, unless obtained with a prescription (except for insulin). Also as of 2011, the excise tax for non-qualified HSA withdrawals doubled from 10% to 20%. As of January 1, 2013, Health FSA employee salary reduction contributions limited to $2,500 per plan year.

As of January 1, 2014, health reform and the related regulations further impact different types of HRAs. Integrated HRAs, retiree HRAs, and one-person stand-alone HRAs are generally compliant, however stand-alone HRAs (with two or more participants) are generally not compliant in 2014.

According to Zane Benefits’ website, for employers using a stand-alone HRA, one solution is to adopt a limited Healthcare Reimbursement Plan (HRP). The HRP is a limited-purpose Section 105 medical reimbursement plan structured to only reimburse health insurance premiums and is designed to comply with health reform.

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About Zane Benefits
Zane Benefits, the #1 Online Health Benefits Solution, was founded in 2006 to revolutionize the way employers provide employee health benefits in America. We empower employees to take control over their own healthcare, while helping employers recruit and retain the best talent. Our online solutions allow small and medium-sized businesses to successfully transition to a health benefits program that creates happier employees, reduces costs and frees up more time to serve their customers. For more information about ZaneHealth, visit

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Christina Merhar
Zane Benefits
+1 (800) 391-9209 Ext: 6725
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