People with developmental disabilities have severe chronic disabilities that can be cognitive, physical, or a combination of the two. These disabilities often appear before the age of 22 and are likely life-long conditions.
Life Insurance. Acadia provides a basic term life benefit equal to two times annual salary at no charge to employees. Accidental Death & Dismemberment and Travel Accident Insurance are also provided at no cost. Employees can purchase additional life insurance by enrolling in a portable term life insurance program.
An HRA that reimburses an employee for premiums paid for individual market coverage will not result in a violation of the ACA market reforms if the coverage solely provides excepted benefits. Thus, for example, an HRA could reimburse premiums for individual market dental or vision benefits. An employer payment plan or HRA that is part of a cafeteria plan established under Section 125 of the Internal Revenue Code must be integrated with a group health plan to be ACA compliant.