On July 17, 2019, the IRS issued guidance expanding the preventive care benefits that can be provided by a high-deductible health plan (HDHP) to include a range of chronic conditions. The addition of these preventive care benefits are optional for HDHPs. If added to plans, these additional benefits would be paid with no deductible. The news release and IRS Notice below both outline the services and items added as preventive care.
Lifetime Benefit Solutions, Inc. is not a law firm, has not reviewed that information for legal sufficiency, and does not give legal or tax advice. The sponsoring employer should have this information reviewed by its own legal counsel for compliance with ERISA, tax requirements, and other applicable laws and regulations.