Health Care Reform, Insurance and Employee Benefits

Everything you need to know about health insurance

Colorado Department of Insurance Changes Stance on HRAs

This should not be taken as legal or tax advice.

On November 16, 2010, the Colorado Department of Insurance issued Final Agency Order No O-11-064 which adjusts and finalizes the department's stance on health reimbursement arrangements (HRAs).

Specifically, the order:
  1. Confirms that employers of any size may establish HRAs that reimburse for individual health insurance premiums.
  2. Confirms that individual policies paid for by an employee who has an HRA are subject to individual health insurance regulations (not group health insurance regulations).
  3. Repeals the 2009 Colorado Department of Insurance Bulletin No. B-4.32
Click here to read the full order.



For history on this issue, you may be interested in the following posts:

If you liked this post
Please share it:
Share on Twitter Share on Facebook Share on Linkedin

blog comments powered by Disqus
 
Subscribe...
Enter your email address to receive email updates
Who we are...
Clarifying Health is a blog about health insurance, health benefits, and everything else related to how Americans pay for medical expenses.

If you have any tips or suggestions for this blog, send an email to blog@ZaneBenefits.com and let us know. We always appreciate feedback

We also run a company called Zane Benefits where we're doing everything we can to help America out of the current healthcare mess.

If you want to learn more about how Zane Benefits helps companies with their benefits, or you're interested in working with us, visit the Zane Benefits website.
Read More...
Popular Topics

Archives
2012 (30)
March (2)
January (14)
2011 (82)
August (10)
July (1)
June (8)
May (6)
April (9)
March (7)
2010 (159)
October (10)
August (31)
July (28)
June (8)
May (5)
April (8)
March (7)
2009 (88)
August (32)
July (26)
June (1)
May (3)
April (2)