by Rory Akers, JD | January 22, 2020 | Compliance Services, DOL, ERISA
The Department of Labor (DOL) recently finalized regulations containing civil penalty inflation adjustments for 2020 in accordance with the Federal Civil Penalties Inflation Adjustment Act of 2015 (the “Act”). The Act requires the DOL publish annual inflation...
by Lisa L. Carlson | December 10, 2019 | Compliance Services, Paid Leave Laws, State and Local Issues
As employers are likely aware, state and local governments continue to adopt paid leave requirements on a fast and furious basis. Several important paid leave-related deadlines occur in December 2019 or become effective Jan. 1, 2020. Below is a summary of near-term...
by Jay Kirschbaum | December 4, 2019 | Benefits Administration, Compliance Services, ERISA
Cross-plan offsetting is a common practice among insurance carriers and third-party administrators (TPAs) that can put employers at risk. Briefly, cross-plan offsetting occurs where the insurer or TPA overpays a healthcare provider on a claim submitted to Plan A....
by Ethan McWilliams | October 10, 2019 | Employee Communications, Medicare, Reporting and Disclosure
But fear not … many plan sponsors met this requirement months ago! Under federal rules, health plan sponsors are required to notify their Medicare-enrolled participants and dependents on at least an annual basis concerning the “creditable” or “noncreditable” nature of...
by Ed Fensholt | September 30, 2019 | State and Local Issues
A new California law imposes another notice mandate on employers with employees in California. The law will require employers, beginning in 2020, to notify their flexible spending account (FSA) enrollees – via two different modes of communication – about any deadline...
by Jay Kirschbaum | September 24, 2019 | DOL, Mental health, Mental Health Parity
The Department of Labor (DOL) has issued new guidance to help plan administrators determine whether certain coverage guidelines applied to mental health and substance abuse treatment are permissible. This new FAQ supplements the slew of guidance previously issued in...
