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IRS Confirms Delay of Nondiscrimination Rules for Fully Insured Health Plans

Click to read full article: IRS Confirms Delay of Nondiscrimination Rules for Fully Insured Health Plans The Affordable Care Act (ACA) requires non-grandfathered fully insured health plans to satisfy nondiscrimination rules regarding eligibility to participate in the plan and eligibility for benefits. This requirement was originally set to take effect for plan years beginning on or […]
January 28, 2014
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DOL Audits

DOL AUDITS ON THE RISE The Department of Labor (DOL) has broad authority to investigate or audit an employee benefit plan’s compliance with the Employee Retirement Income Security Act (ERISA). Audits are performed by the DOL’s Employee Benefits Security Administration (EBSA). To perform these audits, EBSA employs over 400 investigators working out of field offices, […]
January 28, 2014
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White House Announces Transition Policy for Canceled Health Plans

Quick Facts • Many key ACA reforms will take effect in 2014 and require health plan changes. • Due to these reforms, health insurance issuers have been sending cancelation notices to consumers. • Responding to pressure from consumers and Congress, the White House announced a transition policy for 2014, which may allow individuals and small […]
November 15, 2013
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IRS Clarifies Transition Relief for Cafeteria Plan Elections

Notice 2013-71 clarifies that transition relief is available to an employer with a cafeteria plan that has a non-calendar plan year beginning in 2013, whether or not the employer is an applicable large employer. Quick Facts: Relief is available to employers with a cafeteria plan that have a non-calendar plan year beginning in 2013, regardless […]
November 1, 2013