This course educates agents on sweeping changes made to account based plans due to the COVID-19 pandemic, specifically Premium Only Plans (POPs), Health Flexible Spending Accounts (FSAs), Dependent Care FSAs (DCAPs), Health Reimbursement Arrangements (HRAs), and Health Savings Accounts (HSAs). Participants will become familiar with plan types, and better understand how they work as we approach an end to pandemic provisions in 2022. Gain an understanding of how these plans temporarily differ from longstanding provisions and how they could change. Topics include updated timeframes, notices, account balance allowances, ERISA notification requirements, and how mandatory and optional changes affect employers.
Presented by: Rene Gonzalez