The Department of Labor (DOL) has released a new model Children’s Health Insurance Program (CHIP) Notice for employers, with information current as of July 31, 2021. The notice is updated periodically to reflect changes in the states that offer premium assistance subsidies and the contact information for those states. Plan sponsors of group health plans should begin using this updated information.
With Employee Benefits & HR topics regularly in the news, it’s difficult to stay up to date. Our weekly newsletter will help you stay current. Check out this week's edition.
In 2003, the Medicare Modernization Act (MMA) was signed into law. Under the MMA, plan sponsors (generally employers) of group health plans providing prescription drug coverage must provide a notice to Medicare Part D eligible individuals. The purpose of the notice is to inform these individuals of the plan’s creditable or non-creditable status, as defined in the MMA, and explain what happens to their coverage and future enrollment rights if they elect Medicare Part D.
With Employee Benefits & HR topics regularly in the news, it’s difficult to stay up to date. Our weekly newsletter will help you stay current. Check out this week's edition.
On July 1, 2021, HHS published a proposed rule that would revise several benefit and payment parameters under the ACA for the 2022 benefit year. This Legal Update provides an overview of the updated proposals affecting employers.
This month's Benefits Buzz discusses the U.S. Supreme Court's ruling on the ACA's individual mandate lawsuit and the expected impact on ACA reporting for 2021.