Publication
Health Care Alert: Navigating Health Care Reform (September 22, 2010)
The Patient Protection and Affordable Care Act (the “Affordable Care Act”) added a new Section 106(f) to the Internal Revenue Code (the “Code”). Under Section 106(f), a new uniform standard applies to health flexible spending accounts (“health FSAs”) and health reimbursement arrangements (“HRAs”). Under the new standard, the cost of an over-the-counter medicine or drug cannot be reimbursed from the account unless a prescription is obtained.
About Snell & Wilmer
Founded in 1938, Snell & Wilmer is a full-service business law firm with more than 500 attorneys practicing in 16 locations throughout the United States and in Mexico, including Los Angeles, Orange County and San Diego, California; Phoenix and Tucson, Arizona; Denver, Colorado; Washington, D.C.; Boise, Idaho; Las Vegas and Reno, Nevada; Albuquerque, New Mexico; Portland, Oregon; Dallas, Texas; Salt Lake City, Utah; Seattle, Washington; and Los Cabos, Mexico. The firm represents clients ranging from large, publicly traded corporations to small businesses, individuals and entrepreneurs. For more information, visit swlaw.com.
