DOL Guidance

Executive Order On Health Care

President Trump signs an Executive Order authorizing insurance companies to sell health insurance policies across state lines. The order would require the DOL to issue guidance making it easier to maintain association plans. The order also encourages short-term plans and HRAs. Document Excerpt Link https://www.whitehouse.gov/the-press-office/2017/10/12/presidential-executive-order-promoting-healthcare-choice-and-competition

Proposed Rule to Delay Disability Claims Regulatory Amendments

The DOL has proposed a rule that would delay implementation of the changes to the claims regulations governing disability claims. Document Excerpt The Department of Labor proposes to delay for ninety (90) days – through April 1, 2018 – the applicability of the Final Rule amending the claims procedure requirements applicable to ERISA-covered employee benefit […]

Interim Rule on Moral Exemptions and Accommodations from Certain Preventive Services

The DOL has released an interim final rule governing moral exemptions and accommodations from certain preventive services under the Affordable Care Act. Document Excerpt These interim final rules expand exemptions to protect moral convictions for certain entities and individuals whose health plans are subject to a mandate of contraceptive coverage through guidance issued pursuant to […]

Religious Exemptions for Certain Preventive Services

The DOL releases its rule on religious accommodation for birth control services under the Affordable Care Act. Document Excerpt These interim final rules expand exemptions to protect religious beliefs for certain entities and individuals whose health plans are subject to a mandate of contraceptive coverage through guidance issued pursuant to the Patient Protection and Affordable […]

Text of DOL Proposed Extension of BICE Transition Period

After approval by OMB, the DOL has now released the text of its proposed 18 month extension of the applicability date of the Best Interest Contract Exemption and other prohibited transaction exemptions transition periods. Document Excerpt This document proposes to extend the special transition period under sections II and IX of the Best Interest Contract […]

DOL Enforcement Policy on Arbitration Limitation in Best Interest Contract Exemption

DOL Field Assistance Bulletin 2017-03 provides guidance on the DOL’s nonenforcement policy on the arbitration limitation in Best Interest Contract Exemption. Document Excerpt Accordingly, the Department of Labor will not pursue a claim against any fiduciary based on failure to satisfy the BIC Exemption or the Principal Transactions Exemption, or treat any fiduciary as being […]

DOL Compliance Guidance for Harvey Affected Plans

The DOL has issued compliance guidance for plans impacted by Hurricane Harvey. Document Excerpt The Department understands that plan fiduciaries, employers, labor organizations, service providers, and participants and beneficiaries may encounter issues complying with the Employee Retirement Income Security Act (ERISA) in the foreseeable future as the effects of Hurricane Harvey become apparent. The guidance […]

DOL FAQs for Participants and Beneficiaries affected by Harvey

The DOL releases Frequently Asked Questions for participants and beneficiaries affected by Hurricane Harvey and/or its flooding. Document Excerpt Link https://www.dol.gov/sites/default/files/ebsa/about-ebsa/our-activities/resource-center/faqs/faqs-for-participants-beneficiaries-following-hurricane-harvey.pdf

DOL to Review Final Amendments to Disability Claims Regulations

The DOL announced it is reviewing the changes made to the disability claims regulations for possible amendment or delay. Document Excerpt Link https://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201704&RIN=1210-AB39

DOL Seeks Additional 18 Month Delay of Full BICE

The DOL is proposing an additional 18 month delay, until July 1, 2019, for fiduciaries to comply with the full requirements of the Best Interest Contract Exemption. Document Excerpt Link https://www.reginfo.gov/public/jsp/EO/eoDashboard.jsp

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