News
Health Plan Changes under the CARES Act
Posted 04.02.20
The CARES Act makes a variety of changes affecting health plans, including coronavirus testing, preventive services and vaccines related to COVID-19, telehealth and HDHPs, as well as over-the-counter medications and products being eligible through tax-advantaged accounts like FSAs, HRAs or HSAs.
While many of the changes are mandatory, there are some discretionary changes that employers can decide whether to make (in consultation with their issuers or benefits administrators). Refer to the attached compliance bulletin for details and contact your NEEBCo representative with questions.