We hope this finds you all doing well.  As you may know, a new federal law expands how members can use their health savings accounts (HSAs), health reimbursement accounts (HRAs - Member Pay), and flexible spending accounts (FSAs). We have attached a brochure prepared by Anthem but please know this applies to any carrier.  Employers don't need to do anything to make this change happen.  Here are highlights:

  • Members can now use these accounts to purchase over-the-counter (OTC) medicines that had previously required a prescription. They can also use the accounts to purchase menstrual products. This will help them save on health care costs because the funds in these accounts are pre-tax.

  • For now, members may need to pay for these items out of their pockets and file claims for reimbursement. They'll need to keep their receipts for these purchases. All eligible purchases they make after December 31, 2019, qualify.

  • They'll be able to use their debit cards soon. Retailers are updating their systems to accept the cards for the newly approved items. Some stores may be ready now for OTC medicines and by May 15 for menstrual products. Others may need several weeks for the update.

Other updates include our Employer's Guide to COVID-19, COVID-19 scenarios related to available benefits, Reopening a Business After the Shutdown, Guidance from EEOC on ADA, Preventing Remote Employee Burnout, Form 5500 Deadline Extension.

Thank you for your continued confidence in the Benefits Department of the Crane Agency. Please do not hesitate to contact your agent or service representative with any additional questions.

he Crane Agency is a Full-line insurance agency offering Employee Benefits, Key-Person Life Insurance, Disability Income, Business, Workers Compensation, Management Liability, Surety and Home/Auto Personal Lines needs.

Crane Agency
100 North Broadway, Suite 900, St. Louis, MO 63102
400 Chesterfield Center, Suite 320, Chesterfield, MO 63017
1220 E. Walnut Lawn Street, Springfield, MO 65804
800 E. 101st Terrace, Suite 350, Kansas City, MO


COVID-19 Scenarios and Benefits Available Table

This table helps employers understand which leave benefits (if any) apply to employees in various coronavirus-related situations.

Download now


Reopening a Business After the Coronavirus Shutdown

As the coronavirus (COVID-19) pandemic continues to have an unprecedented effect on daily life, many business owners are looking forward to the future and a return to normalcy. However, even when stay-at-home orders are lifted and nonessential businesses are allowed to resume operations, there’s a lot for organizations to consider before they reopen their doors. Read on to learn more.

Download now


Anthem HSA HRA & FSA Expansion Flier

A new federal law expands how members can use their health savings accounts (HSAs), health reimbursement accounts (HRAs - Member Pay), and flexible spending accounts (FSAs).

Download now


EEOC Updates Employer Guidance on Coronavirus and the ADA

On April 17, 2020, the Equal Employment Opportunity Commission (EEOC) issued additional answers to frequently asked questions (FAQs) about how employers should comply with the Americans with Disabilities Act (ADA) during the coronavirus / COVID-19 pandemic. The additional FAQs were added to guidance that the EEOC originally issued on March 18, 2020, and April 9, 2020. This HR Compliance Bulletin contains the EEOC's FAQs. 

Download now


Preventing Remote Employee Burnout During the COVID-19 Pandemic

This HR Insights article explains how employers can help prevent burnout while employees work remotely during the coronavirus disease 2019 (COVID-19) pandemic.

Download now


The Employer’s Guide to COVID-19

This HR Toolkit provides an overview of pressing issues employers face, including vital information on new federal laws such as the Families First Coronavirus Response Act (FFCRA) and Coronavirus Aid, CARES Act, HIPAA privacy considerations, layoffs and furloughs, tax credits and much more. Note, due to the developing nature of the pandemic, the guidance in this toolkit will likely require updating. We will make every effort to provide the most accurate, timely information regarding COVID-19.

Download now


IRS Extends Deadline for Forms 5500 Due Before July 15, 2020

IRS Notice 2020-23 extends the Form 5500 filing deadline for retirement and welfare plans that have an original or extended filing deadline on or after April 1, 2020, and before July 15, 2020. These plans have until July 15, 2020, to file their Forms 5500. This Legal Update summarizes the extension.

Download now


Geographic Differences in COVID-19 Cases, Deaths, and Incidence

This report from the Centers for Disease Control and Prevention (CDC) looks at the period of February 12 - April 7, 2020.

Download now


Cafeteria Plans: Midyear Election Changes

In most cases, an employee may not change his or her elections under a cafeteria plan during the period of coverage (usually the plan year). However, the IRS allows employers to design their cafeteria plans to allow employees to change their elections during the plan year if certain events occur. This Compliance Overview summarizes when participants may change their cafeteria plan elections during a plan year.

Download now

 Charles L. Crane Agency Logo 

Charles L. Crane Agency
100 N. Broadway
St. Louis, MO 63102