The Center for Consumer Information and Insurance Oversight (CCIIO) has issued a bulletin that could affect the ability of personal health account programs to continue to operate after Jan. 1, 2014.

Officials at CCIIO, an arm of the U.S. Department of Health and Human Services (HHS),  say in the Actuarial Value and Cost-Sharing Reductions Bulletin that they plan to include employer health savings account (HSA) annual contributions and health reimbursement arrangement (HRA) contributions in actuarial value calculations, if the accounts are linked to high-deductible health plans (HDHPs).

CCIIO is thinking of leaving an individual's contributions to an HDHP-linked HSA out the actuarial value calculations for that plan.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Allison Bell

Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.