By Larry Grudzien, JD March 24, 2012 My client currently sponsors a PPO, an HMO and an HDHP. For the next policy year, it wants to eliminate the PPO for cost reasons and transfer all the employees to the remaining two plans it sponsors. Will such elimination affect the grandfathered status of the other two [...]
Last week, the Departments of Treasury, Labor and Health and Human Services issued final regulations regarding the Summary of Benefits and Coverage (“SBC”) Rules under the Affordable Care Act. The final rules are significantly better than the proposed rules. However, many provisions in the final rules are still drafted in terms of individual policies. Converting [...]
From the KT Health and Welfare Team: The Departments of Labor, Health and Human Services and Treasury recently released yet another page from their Affordable Care Act playbook. The guidance gives a preview of upcoming regulations concerning the employer penalty, the 90-day waiting period and automatic enrollment under the Affordable Care Act. One important piece [...]
Technical Release No. 2012-01 Frequently Asked Questions from Employers Regarding Automatic Enrollment, Employer Shared Responsibility, and Waiting Periods February 9, 2012 Introduction Many provisions of the Patient Protection and Affordable Care Act (Affordable Care Act) that become effective beginning in 2014 are designed to expand access to affordable health coverage. These include provisions for [...]
Technorati Tags: non discrimination testing in health insurance,IRS,HHS,DOL,Treasury,Taxes By Ric Joyner Last night I posted the news about the delay in NDT (as some call it). The synopsis is this; The IRS/Treasury/HHS/DOL will work on the guidance in 2011 for plans starting after 2012. My gut is telling me that the delay has many causes. [...]
Technorati Tags: IRS,Treasury,Taxes,HHS,PPACA,Non Discrimintation in Health Insurance IRS email: Notice 2011-1 addressing the timing of the application of the Patient Protection and Affordable Care Act provisions prohibiting insured group health plans from discriminating in favor of highly compensated individuals. It states that the Treasury Department and the IRS, as well as the Departments of Labor [...]
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