|
The American Bar Association Sections of
Business Law, Health Law, Labor and Employment Law,
Real Property, Probate and Trust Law, Taxation and Tort Trial and Insurance Practice
(under the Auspices of the ABA Joint Committee on Employee Benefits) and
The American College of Employee Benefits Counsel Present
Health Care Accounts: Recent Guidance
on Defined Contribution Health Plans —
What Does It Really Permit?
A 90-minute Teleconference
Thursday, August 29, 2002
1:00-2:30 pm ET / 12:00-1:30 pm CT / 11:00 am-12:30 pm MT / 10:00 am-11:30 am PT
This program has
already taken place.
Audiotapes are available for $150.
For ordering information, contact Nancy Matthews at matthewsn@staff.abanet.org
or (202) 662-8640.
Ref. #JCEBT020829DCA
The Internal Revenue Service recently issued important and timely guidance in Revenue Ruling 2002-41 and Notice 2002-45 describing the conditions under which the new defined contribution health plans with a personal care or health care accounts may be offered. The guidance describes certain conditions that must be met regarding how the arrangements must be offered, the contribution levels of the employees as compared to the value of the traditional health insurance type component, and the reimbursements permitted under the health care or personal care account. These new defined contribution health plan arrangements come in a variety of forms. COBRA implications of offering health care accounts and how the premiums should be calculated will be addressed. In addition, this teleconference will address key issues affecting employers who are considering offering a defined contribution health plan arrangement or a health care account.
Topics Include:
- What options are available to employers considering adopting a health care account arrangement?
|
- How should COBRA coverage on the health care account be calculated?
|
- What types of defined contribution arrangements are permitted under the guidance?
|
- What types of health care accounts are covered by the guidance and what is not covered?
|
- What issues were not addressed by the guidance?
|
|
Moderator
Greta E. Cowart, Haynes and Boone, LLP, Dallas, TX
Speakers
Kevin Knopf, Attorney-Advisor, U.S. Department of the Treasury, Washington, DC
Phyllis Borzi, O'Donoghue & O'Donoghue, Washington, DC
|
