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SUMMARY PLAN DESCRIPTION FOR RETIREEONLY HEALTH REIMBURSEMENT ARRANGEMENT FOR MEDICARE EXCHANGE ENROLLED ADMINISTERED BY:PLAN YEAR 2018 July 1, 2017, June 30, 2018Revised and Restated 4.2017State
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Retiree-only health reimbursement is the allocation of funds by an employer to cover health expenses for retired employees.
Employers are required to file retiree-only health reimbursement for retired employees.
Retiree-only health reimbursement can be filled out by employers through the designated form provided by the IRS.
The purpose of retiree-only health reimbursement is to assist retired employees in covering their health expenses.
Information such as the amount allocated for health expenses, names of retired employees, and the duration of coverage must be reported on retiree-only health reimbursement.
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