Medical expenses includible in a small business employee health plan

The IRS lists the following eligible and ineligible expenses for a qualified Health Reimbursement Arrangement, Health Savings Account, Flexible Spending Account or other small business qualified employee health pan.  Each item in the list links to IRS discussion.

Individual businesses may modify the list of covered items under their employee health plan. For example, a religious business may wish to exclude abortion coverage. A health-oriented business may wish to include 100%  gym membership reimbursement (although the benefit would not be tax-free per these IRS rules). This list effectively serves as a starting point or a default in the design of employee health plan coverage.

Leave a Reply

Your email address will not be published. Required fields are marked *