SFGTV: San Francisco Government Television
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Jan 14, 2014
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account. >> they decide what is covered and the funds revert to the employer after 24 months and the city, mra, if it is a wide variety and the city determines what is covered and it is a public benefit program and the city determines what is covered and while these funds technically revert to the city after 18 months, an individual has a right to react vait their account at any time and so technically they are available to an individual in perpetuity. >> maybe you just want to clarify the 18 months is after... >> after contribution? >> okay. i thought it was after no activity. >> oh, i am sorry, you are right, it is after no activity. >> okay. >> so this is, and we have changes to how these common compliance methods after the aca and the only change that you will see here is the orange box on the right-hand side called accepted benefits, or integrated hra. and so health reform says because individuals have to have minimum essential coverage, these hras don't qualify as minimum essential coverage any more and they are no longer allowed. and what is allowed, though, is a different kind of hra a
account. >> they decide what is covered and the funds revert to the employer after 24 months and the city, mra, if it is a wide variety and the city determines what is covered and it is a public benefit program and the city determines what is covered and while these funds technically revert to the city after 18 months, an individual has a right to react vait their account at any time and so technically they are available to an individual in perpetuity. >> maybe you just want to...
SFGTV: San Francisco Government Television
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Jan 18, 2014
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. >> the city mra,plan. and they take it back from the account, and the funds are technically available to the individuals. and at termination of employment, that is different, also. and for employee, at the termination of the employment, the funds revert to the employers for the health reimbursement accounts and for the medical reimbursement, they remain available for the employees and they stay in an account with us, as long as the employee is able to and it can access it and as often as they like until it is exhausted. >> the types of there is only one kind of city option mra and after the aca market reforms and this is also another area of key difference and i mentioned the area of the key difference on what happens to the funds and reverting to the employer and staying with the city is one key difference and so making the full expenditure verses making it on the utilization of the employee and that is different. but also s mra allows the individual to use those funds to purchase health insurance on the e
. >> the city mra,plan. and they take it back from the account, and the funds are technically available to the individuals. and at termination of employment, that is different, also. and for employee, at the termination of the employment, the funds revert to the employers for the health reimbursement accounts and for the medical reimbursement, they remain available for the employees and they stay in an account with us, as long as the employee is able to and it can access it and as often...
SFGTV: San Francisco Government Television
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Jan 14, 2014
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other money is going to have to be spent other ways, which is not reimbursable, if it goes to the city mra, where it is a 50 or 60 percent draw down, and it is not 100 percent. but you spend 100 cents on the dollar, when the money goes from your pocket to the city mra. and whether that is the goal and i mean that we went through this battle, two months, or two years ago. and we had a piece of legislation be, or we had some compromised legislation signed by the mayor that created the 24 month rollover but still gave the employees, or the employers the opportunity to select a cost effective method for complying with the city ordinance and we need your help on this matter in the coming months, thank you. >> great. >> thank you very much. >> next speaker please? >> good evening, the small business network and the accounts merchants and i would like to focus on a lot. and how is this going to put san francisco small businesses to an advantage to all of the competitors and whether they are the peninsula or the rest of the state or the country and a lot of this is how are they going to catch the
other money is going to have to be spent other ways, which is not reimbursable, if it goes to the city mra, where it is a 50 or 60 percent draw down, and it is not 100 percent. but you spend 100 cents on the dollar, when the money goes from your pocket to the city mra. and whether that is the goal and i mean that we went through this battle, two months, or two years ago. and we had a piece of legislation be, or we had some compromised legislation signed by the mayor that created the 24 month...
SFGTV: San Francisco Government Television
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Jan 19, 2014
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the city option, and i think that what was requested. and the eligibility for san francisco for healthy san francisco and the city mra are continued to be the same as they were before, and i think that it just was never really and it was recently pointed out to me that it was never really appropriated described on the website. but it is not changing the programs but improving the language on the website. >> great. >> commissioner dwight? >> i think that the other thing that you know, we will try to bring to our constituents, the small business ss a way to sort of get over the obvious ject and healthcare is always an issue for employers because we want to provide for our employees and it is more expensive and complicated and it is easy to roll your eyes and so what i would like to do is get past that myself even. and really talk to the folks that we have consultants that are helping us with this situation, and it is their job and so, but i think that i take some solice in knowing that even scott is confused by this and that is his business. and so, good i am not the only one. and i don't want to make bags. so. but any way, i think that in
the city option, and i think that what was requested. and the eligibility for san francisco for healthy san francisco and the city mra are continued to be the same as they were before, and i think that it just was never really and it was recently pointed out to me that it was never really appropriated described on the website. but it is not changing the programs but improving the language on the website. >> great. >> commissioner dwight? >> i think that the other thing that...