Medical Expense Reimbursement Plans (MERPs)

A Section 105 Medical Expense Reimbursement Plan (MERP) could be the difference between growing your client base or falling behind. Register for this 4-hour CE course on MERPs to learn what they are, why they matter, and how to ensure legal compliance. Through this course sponsored by Nonstop Administration and Insurance Services, Inc. and developed by MZQ Consulting, you will learn how MERPs can lower costs for employers and employees alike. By understanding how a MERP works, the various types of MERPs, and your fiduciary duties, you can confidently design a better health benefit plan for your clients.

Learning Objectives:

• Recognize the current issues plaguing the healthcare benefits marketplace, including increased premiums, a lack of flexibility, subpar care options, and high risk for employers
• Know what a Medical Expense Reimbursement Plan (MERP) is, including its unique benefits, similarities, and differences from typical HRAs, and potential advantages over traditional fully-funded plans
• Be able to assess and determine when a MERP plan can best satisfy the needs of a specific client or prospect
• Be aware of your obligations to a client, including fiduciary duties, legal responsibilities, and regulatory requirements
• Understand how to comply with IRS rules, COBRA rules, the Affordable Care Act, HIPAA implications; and avoid common compliance pitfalls