ACA HPID FAQs
Health and Human Services (HHS) released new frequently asked questions (FAQ) about the health plan identifier mandate (HPID) under the Affordable Care Act (ACA). These FAQs indicate that health savings accounts and health flexible spending arrangements – regardless of size – are exempt from the mandate.
In addition, health reimbursement arrangements (HRAs) that cover only other plans’ deductibles or out-of-pocket costs do not require HPIDs because they are more like additional plan benefits than stand-alone plans.
However, a stand-alone HRA (e.g., a retiree- only HRA) may need an HPID. The FAQs also clarify that sponsors may authorize TPAs and similar entities to seek plans’ HPIDs.
Insurers and large self-insured plan sponsors must obtain the HPIDs by Nov. 5.
Want More ACA Information and Clarification?
We know ACA will bring monumental changes to business in America. As a Dallas-based payroll provider we provide multiple avenues to information, tools and resources to keep you informed and prepared. Check out our ACA Resources Page for timely and pertinent information.