Benefits Forward

The agencies have released proposed regulations and other information related to the Summary of Benefits and Coverage and Uniform Glossary as required by the Affordable Care Act. Document Excerpt This document contains proposed regulations regarding disclosure of thesummary of benefits and coverage and the uniform glossary for group health plans and health insurance coverage in […]

Guidance on the health insurance premium tax credit under the Affordable Care Act. Document Excerpt This document contains proposed regulations relating to the health insurance premium tax credit enacted by the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010, as amended by the Medicare and Medicaid Extenders […]

The PBGC announces the interest rates for paying lump sums in September. Document Excerpt The immediate interest rate for valuing lump sum payments for the month of September 2011 is 2.25%. The deferred interest rate I1 is 4.00%, I2 is 4.00%, and I3 is 4.00%. (The immediate interest rate for August 2011 was 2.25% for […]

The phone forum will cover EPCRS. Document Excerpt Link http://www.irs.gov/pub/irs-tege/epcrs_phoneforum_correction.pdf

Model notice for employers regarding premium assistance opportunities. Document Excerpt Link http://www.dol.gov/ebsa/pdf/chipmodelnotice.pdf

Notice 2011-67 sets forth the corporate bond weighted average  interest rate and the permissible range of interest rates under Section 412(b)(5)(B)(ii)(II). Document Excerpt This notice provides guidance as to the corporate bond weighted average interest rate and the permissible range of interest rates specified under § 412(b)(5)(B)(ii)(II) of the Internal Revenue Code as in effect […]

The Centers for Medicare & Medicaid Services has posted additional guidance on what plan sponsors who use Early Retiree Reinsurance Program (ERRP) reimbursements to reduce health benefit premiums must do to comply with prohibition on using ERRP reimbursement as general revenue. Document Excerpt  This guidance is intended to give plan sponsors some flexibility in applying […]

The agencies have issued an amendment to the rules governing coverage of preventive services. Document Excerpt This document contains amendments to the interim final regulations implementing the rules for group health plans and health insurance coverage in the group and individual markets under provisions of the Patient Protection and Affordable Care Act regarding preventive health services. […]