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Health Savings Accounts, Health Reimbursement Arrangements, and Flexible Spending Accounts (111116)

REGISTRATION STATUS: OPEN

Date: Monday, November 23, 2009
Time: 8:30am - 4:30pm (Registration at 8:00am )
Facility: Gateway Building, Columbia
CPE Credit: 4 Personnel/HR
4 Tax
8 CFP
Course Type: Seminars
Provider: Mares Nichols CPE, Inc
Instructor: Ed Zollars, CPA
Field of Study: Estate/Financial Planning, Taxes
Level of Knowledge: Intermediate
Fees: $295 MACPA Members, $395 Non-Members
Referral Discount: ($100)
Student Discount: ($100)
Reciprocal Discount ($100)

* * * IMPORTANT INFORMATION ABOUT THIS EVENT * * *

This event has been pre-approved for CE credit by the CFP Board.

Click here to add this event to your electronic calendar (then click OPEN when prompted).

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Description:

An in-depth study of the causes of higher group health premiums, but most important, what to do about it -- how to lower health premiums WITHOUT reducing employee net coverage. Case studies show that 20% of employees will have 80% of the medical claims. Learn how to make the Pareto Curve (the 80/20 rule) work for your client's benefit. Specific examples of how changes in deductibles, co-pays, etc. make a big difference in net cost to the employer are included in this program. Side-by-side comparisons will show whether an HSA or HRA is better, for what type of client, and when should it (or they) be implemented (you can have both).

Objectives:

  • Identify situations where HSAs and HRAs can be useful
  • Calculate the potential benefit from HSAs and HRAs
  • Explain how HSAs and HRAs work (you don't want your competitor to provide these new tax-savings concepts)
  • Provide necessary compliance services in connection with such plans

Major Topics:

  • How a Health Savings Plan works
  • How a Health Reimbursement Plan works
  • How HSAs and HRAs can integrate with Flexible Spending Arrangements

Who Should Attend:

Accountants in public/private practice with clients or employers who want to reduce the costs of group health care programs.

Prerequisite:

None

Advanced preparation:

None


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