Benefits Buzz: May 2021

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This month's Benefits Buzz discusses the recently released FAQs and model notices for the COBRA premium assistance provisions of the American Rescue Plan Act (ARPA), as well as FAQs regarding the Consolidated Appropriations Act and mental health parity.

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Ashlee Borkowski
/ Categories: Personal Insurance

PPE Expenses Are Reimbursable Under Health FSAs, HRAs and HSAs

During the COVID-19 pandemic, you may have purchased masks or PPE for the purpose of preventing the spread of the COVID-19. Now, according to a recent announcement from the IRS, those purchases may be deductible from your income for tax purposes and eligible to be paid or reimbursed under certain savings accounts. 

 

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