<nobr>Jun 16, 2005</nobr>

ERIC: CMS Guidance on HRAs, FSAs, HSAs

The Centers for Medicare & Medicaid Services (CMS) released guidance relating to Account-Based Arrangements and the employer provisions of the Medicare Modernization Act (MMA). The guidance addresses the extent to which account-based health arrangements sponsored by employers and unions, such as Health Reimbursement Arrangements (HRAs), Flexible Spending Arrangements (health FSAs), Health Savings Accounts (HSAs), and Archer Medical Savings Accounts (Archer MSAs), can qualify for the retiree drug subsidy payments. The guidance also addresses the extent to which such coverage under account-based arrangements can qualify as “creditable coverage.” The text of the guidance is available on CMS’ creditable coverage webpage at: http://www.cms.hhs.gov/medicarereform/pdbma/employer.asp click Account-Based Arrangement Guidance

Back to Previous Page