DOL Guidance

FAQs on Mental Health Parity Implementation

The Agencies released this FAQ on Mental Health Parity Implementation. Document Excerpt Set out below is an additional frequently asked question (FAQ) regarding implementation of the Paul Wellstone and Pete Domenici Mental Health Parity and Addiction Equity Act of 2008 (MHPAEA), as amended by the Affordable Care Act and the 21st Century Cures Act (Cures […]

DOL’s FAQs on Conflict of Interest Regulations

The DOL releases a set of Frequently Asked Questions on its conflict of interest regulations scheduled to become applicable June 9, 2017. Document Excerpt The following FAQs provide additional information on the transition period from June 9, 2017 to January 1, 2018.1 This guidance, like the Fiduciary Rule and related exemptions, is generally limited to […]

Field Assistance Bulletin on Temporary Enforcement Policy on Fiduciary Rule

Field Assistance Bulletin 2017-02 provides the DOL’s temporary enforcement policy on the Fiduciary conflict of interest rule to become effective June 9, 2017. Document Excerpt Accordingly, during the phased implementation period ending on January 1, 2018, the Department will not pursue claims against fiduciaries who are working diligently and in good faith to comply with […]

Advisory Opinion on Multiple Employer Plan Status

The Advisory Opinion holds that, at least in form, the employer subgroup would form a valid group or association. Document Excerpt Assuming that the Consortium’s by-laws and the instruments governing the Plan and trust are adopted as described in this letter, it is the view of the Department that the participating employer members of the […]

Small Business will be allowed to Bypass the ACA Marketplace

CMS has announced that small businesses will be allowed to bypass the SHOP, the Affordable Care Act Marketplace designed for small businesses. Document Excerpt CMS will be exploring a more efficient implementation of the Federally-facilitated SHOP Marketplaces in order to promote insurance company and agent/broker participation and make it easier for small employers to offer […]

HHS Finalizes Market Place Stabilization Rule

The HHS has released its final marketplace stabilization rule which includes a broader ability to offer policies that are below the ACA standards as well as a reduced open enrollment period. Document Excerpt This rule finalizes changes that will help stabilize the individual and small group markets and affirm the traditional role of State regulators. […]

Trump Signs Legislation Nullifying DOL State-Based Savings Safe Harbor

President Trump signed into law H.J. Res. 67 which had provided a safe harbor auto enrollment provision for State-based (and some city based) retirement savings arrangements for employees in the private sector. Document Excerpt Link https://www.whitehouse.gov/the-press-office/2017/04/13/president-donald-j-trump-signs-hjres-67-law

Fiduciary Rule Officially Delayed for 60 Days

DOL officially delays its fiduciary conflict of interest regulation along with the associated prohibited transaction exemptions. Document Excerpt This document extends for 60 days the applicability date of the final regulation, published on April 8, 2016, defining who is a “fiduciary” under the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code […]

DOL Field Assistance Bulletin on Fiduciary Regulation Enforcement

The DOL has issued Field Assistance Bulletin 2017-01 providing enforcement relief in light of the DOL’s recent proposed extension of its conflict of interest applicability date. Document Excerpt Link https://www.dol.gov/sites/default/files/ebsa/employers-and-advisers/guidance/field-assistance-bulletins/2017-01.pdf

House Unveils two Bills to Replace the Affordable Care Act

Two House Committees unveiled bills that would replace the Affordable Care Act. Document Excerpt Link https://www.documentcloud.org/documents/3492553-Merged-Document.html#document/p1

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