Filed Under:Markets, Employee Benefits

CCIIO: HSA plans are still possible

Low-income people will still be able to use health savings accounts (HSAs) after Jan. 1, 2014.

Officials at the Center for Consumer Information and Insurance Oversight (CCIIO) talk about how they will make that possible in a new batch of answers to questions about the Patient Protection and Affordable Care Act of 2010 (PPACA) health insurance provisions that are set to take effect Jan. 1, 2014.

CCIIO officials also are urging insurers and exchanges to warn consumers about the potential problem, both during open enrollment and when an individual has a change in eligibility for cost-sharing reductions.

In the new batch of guidance, officials also answered questions about exchange reporting requirements and exchange plan broker requirements.

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Nichole Morford

Nichole Morford
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