,We remain focused on our commitment to providing our clients access to care and easing their financial burden related to COVID-19. A new federal law expands how members can use their health savings accounts (HSAs), health reimbursement accounts (HRAs - Employee Pay), and flexible spending accounts (FSAs):
Employers don't need to do anything to make this change happen. It was made as part of the federal Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which was signed into law March 27. It went into effect immediately.
Here's an employer flier and an employee flier from ANTHEM, you can share, letting your employees know about the changes.
We're steadfast in our commitment to support you and ensure our clients have affordable access to care. We'll continue to provide you with resources and updates related to COVID-19.
Founder of Unlimited Benefits and Financial Services Expert since 1994