|
Health Care Reform: Delayed Compliance Date
Yesterday the DOL released guidance regarding the Summary of Benefits & Coverage provision. The previously proposed compliance deadline for health plans and insurers to begin providing the summary of benefits and coverage was March 23, 2012.
The latest guidance (issued as a FAQ) extends the deadline until after the DOL releases its final regulations. It also says " until final regulations are issued and applicable, plans and issuers are not required to comply with PHS Act section 2715."
Though there is no new deadline or release date provided, the DOL assures that when issued, health plans and insurance issuers will have "sufficient time to comply."
Source: http://www.dol.gov/ebsa/faqs/faq-aca7.html
|
|
"Why did I get this?" Check your email preferences.
This alert is sent when significant legislative news occurs, or when legislation is in progress that affects you and the benefits you provide employees. Please take a moment to update your communication preferences. We only want to send you information you are interested in getting! |
|
About EmSpring
We are an employee benefits firm with an emphasis on health insurance and self-funded medical plans, benefits and plan design, HR and integrated payroll technology.
|
Our clients are Pacific Northwest companies who consider their employees to be their greatest asset.
|
