Proposed Amendment to Fee Disclosure Regulations

The proposed amendment would require a guide or in effect a table of contents where fee disclosure is spread out over multiple documents or over long documents. Document Excerpt Today, the Department is proposing a regulatory provision requiring that covered service providers furnish a guide along with the initial disclosures required by the rule, if […]

Final Regulations Changing Premium Due Date

The PBGC has released its final rule changing and simplifying premium due dates. Document Excerpt This rulemaking is needed to make PBGC’s premium rules more effective and less burdensome. The rule simplifies and streamlines due dates, coordinates the due date for terminating plans with the termination process, makes conforming changes to the variable-rate premium rules, […]

Notice of Benefit and Payment Parameters

HHS released the proposed Notice of Benefit and Payment Parameters which includes, among other things, an amendment to the 2015 open enrollment period. Document Excerpt This proposed rule sets forth payment parameters and oversight provisions related to the risk adjustment, reinsurance, and risk corridors programs; cost-sharing parameters and cost-sharing reductions; and user fees for Federally-facilitated […]

Fact Sheet on Information Reporting of Minimum Essential Coverage

Along with the final regulations, the IRS also released a Fact Sheet on information reporting of minimum essential coverage. Document Excerpt While 96 percent of employers are not subject to ACA reporting requirements or the employer responsibility provision because they have fewer than 50 employees, in 2015 requirements begin to phase-in for the remaining four […]

Information Reporting on Minimum Essential Coverage

The IRS releases regulations as well as a Fact Sheet on information reporting of minimum essential coverage. Document Excerpt This document contains final regulations that amend the Income Tax Regulations (26 CFR part 1) under sections 6055 and 6081 and the Procedure and Administration Regulations (26 CFR part 301) under sections 6011, 6721, and 6722, […]

Nonconforming Health Policies Get An Additional Extension

The Obama administration has extended the ability to purchase or renew policies that do not comply with the Affordable Care Act for an additional period. Document Excerpt CMS indicated in its November 14, 2013 letter that it would consider the impact of this transitional policy in assessing whether to extend it beyond the specified timeframe. […]

CMS Bulletin on Availability of Retroactive Advance Payments

The Centers for Medicare & Medicaid announces that some may be eligible to receive the tax credits and subsidies retroactively even though they did not timely enroll through the Marketplace. Document Excerpt This guidance is being provided to Marketplaces that, due to technical issues in establishing automated eligibility and enrollment functionality, have had difficulty in […]

About Us

Benefits Forward is a news site for professionals in the field of employee benefits. Our goal is to provide the latest information about the benefits field and to host a community discussion regarding related issues.

Seminars, Conferences & Other Events

  • Sorry, there are no articles in this category.

Need Help Correcting Plan Errors?

Contact us for either consultation on how you can Self Correct or to propose cost effective correction methods using VCP. Or contact us to submit under VCP on your behalf or on behalf of your client. Contact us by email.