IRS Increases Medical Mileage Rate Mid-Year
Due to increased fuel prices, the IRS changed the medical mileage reimbursement rate for the second half of the year.
Question of the Week - Sunscreen and FSA Reimbursement
Q.- Can employees be reimbursed from their health FSAs for the cost of sunscreen?
Q.- Can employees be reimbursed from their health FSAs for the cost of sunscreen?
A.- Yes. Sunscreen with SPF is eligible for reimbursement from an FSA and a great way to spend down an account.
Benefit Allocation Systems (BAS) provides online solutions for: Employee Benefits Enrollment; COBRA; Flexible Spending Accounts (FSAs); Health Reimbursement Accounts (HRAs); Leave of Absence Premium Billing (LOA); Affordable Care Act Record Keeping, Compliance & IRS Reporting (ACA); Group Insurance Premium Billing; Property & Casualty Premium Billing; and Payroll Integration.
MyEnroll360 integrates with major insurance carriers for enrollment eligibility management (e.g., Blue Cross, Blue Shield, Aetna, United Health Care, Kaiser, CIGNA and others), and with leading payroll platforms for enrollment deduction management (e.g., Workday, ADP, Paylocity, PayCor, UKG, and others).
This article is for informational purposes only and is not intended as legal, tax, or benefits advice. Readers should not rely on this information for taking (or not taking) any action relating to employment, compliance, or benefits. Always consult with a qualified professional before making decisions based on this content.
Topics
Newly Married Spouse Reimbursement
A health FSA cannot reimburse an employee for a spouse's expenses paid before the marriage — dependent status is determined when the expense was incurred, not when it's submitted.
Coverage Changes Under COBRA
COBRA participants generally must continue the same coverage as before their qualifying event but may make changes available to active employees.