As the drama of the fiscal cliff negotiations fades, the reality of the impending deadline for full implementation of the Patient Protection and Affordable Care Act (PPACA) has begun to set in with many clients. Even those clients with full healthcare coverage are likely wondering how PPACA will impact the health arrangements they already have. Health Reimbursement Arrangements (HRAs) are popular tools for clients looking to fund medical expenses through tax-preferred vehicles, as well as for small business clients who see HRAs as a way to offer their employees access to health coverage without entering the insurance market themselves. Despite their popularity, HRAs are one type of health insurance vehicle that may be on the chopping block with the dawn of PPACA.
HRAs: The basics
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