EBIA's Cafeteria Plans: Agenda
Covering the latest guidance on cafeteria plans, including health care reform.
Note: HSAs and HRAs are covered in our HSAs, HRAs, and Consumer-Driven Health Care seminar.
8:00 a.m.
Registration/Coffee/Danish
8:30 a.m.
Types of Cafeteria Plans and How They Work. Premium payment plans, salary reduction plans with health FSAs and DCAPs, flexible benefit/flex credit plans, and simple cafeteria plans.
Big-Picture Plan Design Issues. Who can sponsor a cafeteria plan? Key decisions that employers must make, including who can participate, who can be excluded, what kind of plan to have, what kind of help to get, and how to fund the plan.
Benefits That Can and Cannot Be Offered Under a Cafeteria Plan. Learn about the full range of qualified benefits, the grace period, and special issues raised by premium reimbursement accounts, COBRA, domestic partner coverage, and the effect of health care reform on dependent coverage.
Contributions and Cash-Outs. Learn about salary reductions, types of employer contributions, maximum contribution amounts, and other funding issues.
10:15 a.m.
Coffee Break
10:30 a.m.
Cafeteria Plan Elections. When and how are elections made? Negative elections and automatic enrollments. When do elections become effective?
Mid-Year Election Changes. When can participants change their elections during the year? We use our handy tables of the exceptions to the irrevocability rule and provide real-life examples to explain how the rules work.
12:00 Noon
Morning program ends (lunch on your own)
1:00 p.m.
Nondiscrimination Tests. What nondiscrimination tests apply to a cafeteria plan with a health FSA and a DCAP? What are the consequences of noncompliance?
Health Flexible Spending Arrangements (Health FSAs). Risk of loss: The uniform coverage and use-or-lose rules. What expenses can be reimbursed, including impact of health care reform’s limit on OTC drug reimbursement. Claims substantiation and adjudication; debit card programs. Selected COBRA, HIPAA, ERISA, and health care reform issues.
2:45 p.m.
Coffee Break
3:00 p.m.
Dependent Care Assistance Programs (DCAPs). What expenses can be reimbursed? DCAP design and administration issues.
Administering and Amending a Plan. Learn about common cafeteria plan administration concerns.
Reporting & Disclosure Requirements. What annual reporting requirements apply to cafeteria plans, health FSAs, and DCAPs? What should employees be told about these plans (disclosure requirements)?
4:30 p.m.
Cafeteria Plans program ends
