Archive | December, 2010

26 December 2010 ~ 0 Comments

IRS Eases FSA Debit Card Rules

According to National Underwriter, the IRS says that personal health account debit card users can still use the card to buy doctor-prescribed over-the-counter (OTC) drugs at a wide range of stores after January 15, 2011. IRS Notice 2011-5 changes the prior requirement in IRS Notice 2010-59 that OTC drugs can only be purchased at retailers […]

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07 December 2010 ~ 0 Comments

All insured plans will be required to meet the MLRs…

According to the Business Insurance December 6, 2010, issue, a health care reform rule that caps how much insurers can spend on administrative costs is likely to cause headaches for employers that offer fully insured health plans to their workers. Self-funded plans also may be peripherally affected if insurers decide to cut back on services […]

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