Thank you for the response. I'm hoping to avoid making it taxable income. I found this:
"The 2015 Notice confirms that an EPP with less than two participants who are current employees (a “one-employee health plan”) is exempt from the ACA market reforms and, therefore, is not subject to the excise taxes imposed under the ACA.[5] The 2015 Notice also confirms that, pursuant to Revenue Ruling 61-146, premium reimbursement arrangements for non-employer sponsored hospital and medical insurance that are not subject to the ACA market reforms can be reimbursed on a pre-tax basis. We believe this would permit pre-tax reimbursements under a one-employee health plan and for excepted benefit coverage (e.g., limited-scope dental and vision benefits), although no express statement is made to this effect in the 2015 Notice."
I sent an email to our CPA to get their input, but haven't received a reply yet. Anyone on here know if it's possible to do this pre-tax? The market reforms and excise tax don't apply to plans with fewer than two participants, so it seems like this is possible.
