Although the pace of new legislation affecting health and other welfare benefits has slowed after the first two years of the Obama Administration, plan sponsors will find no shortage of developments to monitor and implement in 2012. This alert provides a very brief review of recent developments and matters to watch in the new calendar [&hellip… Continue Reading »
The U.S. Department of Health and Human Services (HHS) has issued additional guidance on how a plan sponsor can demonstrate that it is not using reimbursements received under the Early Retiree Reinsurance Program (ERRP) as general revenue by maintaining the level of its contributions to the plan. The ERRP was established under the Patient Protection [&hellip… Continue Reading »
The U.S. Department of Health and Human Services has announced that it is beginning to accept applications for participation in the Early Retiree Reinsurance Program. Plan sponsors wishing to participate in the program should visit the appropriate HHS Web site, available by clicking here. HHS has stated that plan sponsors should use the most current [&hellip… Continue Reading »
The U.S. Department of Health and Human Services has posted guidance on the Early Retiree Reinsurance Program, which goes into effect this month. This program was established under the national health care reform legislation to encourage employers to maintain health coverage for pre-Medicare retirees. It follows regulations that HHS published last month. (Click here to [&hellip… Continue Reading »
Employers must move quickly after the release yesterday of the U.S. Department of Health and Human Services’ first set of regulations under the health care reform law. The regulations provide guidance on the Early Retiree Reinsurance Program, which will reimburse employers and other plan sponsors for part of the costs incurred in providing group health [&hellip… Continue Reading »