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Welcome Employers! This Web page is designed to meet your needs by providing commonly requested information. If there is something else we can help you with, please feel free to contact us. New IRS Rule: Tax Treatment of Healthcare Benefits for Children Under Age 27 In response to the recently enacted federal healthcare legislation, the IRS recently issued Notice 2010-38 regarding the tax treatment of employer-provided health benefits for young adults under age 27. We encourage you to read our June 7 Employer Bulletin for more information. If you did not receive this notice, please contact us to update your e-mail address. Eligibility of OTC Medicines to Change in 2011 Beginning in January 2011, most over-the-counter (OTC) medicines will no longer be eligible for a spending account without a prescription from a medical provider. Please read more in our April 10 Employer Bulletin. COBRA Premium Assistance Extended Again On April 15, 2010, President Obama signed H.R. 4851, the “Continuing Extension Act of 2010,” which extends the end date of eligibility for premium assistance by two more months, from March 31, 2010 to May 31, 2010. We are in the process of revising the required notices to reflect the new law. For more details, please see our COBRA/ARRA News page, which includes an updated ARRA FAQ. Considering adding an FSA or HRA to your company’s benefits package? We're committed to excellent customer service, employee education, and fast reimbursement. For a small additional charge, you can provide your FSA or HRA enrollees with the Benny™ Card, a special MasterCard® that draws on the value of the FSA election amount. Please read our Benny flier, or visit www.MyBenny.com. Electronic Enrollment for Groups To expedite both new group set-up and renewals, we now use an electronic eligibility process. This time-saving process is a secure and easy to learn. For more details, as well as step-by-step instructions, please see our Electronic Enrollment flier. Are You Happy with Your Health Plan? Our parent company, PacificSource Health Plans, is an Oregon-based, not-for-profit insurer that offers group insurance to Oregon businesses and certain other organizations with two or more full-time employees. For more information, talk to your agent or broker, or visit PacificSource.com. If you're considering a self-funded plan, our sister company, PacificSource Administrators, Inc., provides a broad range of administrative services to employers who opt to self-fund their employee health benefits. For more information, visit them online at tpa.PacificSource.com.
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